The challenge for Tony Severin, the Chief Financial Officer of Rypl.com, was to provide decision makers with timely, accurate reports that consolidated information from nine companies and five currencies. Their traditional system lacked the internal structure required to provide consistent multicompany and multicurrency reporting and translating that data in an accessible way. For this reason, Tony reached out to Mantralogix for a new solution.
Here's How We Helped
Rypl.com was able to consolidate nine companies with five different currencies, all of whom follow generally accepted accounting principles. Partners now receive monthly consolidated reports from Tony and his team. Rypl.com is now aiming to create dashboards for customers and is looking forward to even greater analysis and efficiencies.
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- Questions can be quickly addressed.
- Information from nine companies and five currencies can be actioned.
- Financial information can influence decision-making