The problem: manual, error-prone mapping and consolidation to complete the financial close process
Before Datarails, Kyle Harris, VP of Finance at MyCarrier, says his team would have to manually map or export all of the financials from QuickBooks, put them in a spreadsheet, and change all of the formulas. Manually mapping and exporting financials from QuickBooks into spreadsheets was error prone, time consuming and didn’t fit their fast-paced business profile. Datarails stepped in to automate data consolidation and help them close their month with ease.
Now using Datarails, the budget process is enhanced with features like the date-picker making the reviewer process seamless.
MyCarrier was looking for a solution to help speed up the budgeting process and offer scenario planning capabilities without removing the flexibility of Excel. With Datarails, they have done just that while leveraging the visualization and reporting capabilities to prepare internal board reports, which used to take “hours and hours.”
Overall, we’ve been super happy with Datarails. It’s comfort and time saved. I see it extending to other parts of the business.
Kyle HarrisVP of Finance
