{"id":1211,"date":"2024-01-10T04:08:09","date_gmt":"2024-01-10T04:08:09","guid":{"rendered":"https:\/\/befreeltd.com\/au\/?p=1211"},"modified":"2026-04-15T10:39:12","modified_gmt":"2026-04-15T05:09:12","slug":"pivoting-the-power-of-effective-reporting","status":"publish","type":"post","link":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/","title":{"rendered":"Pivoting the power of effective reporting"},"content":{"rendered":"\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Client Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

A Global biotech company that focuses on developing plant-based hemp solutions signed a National Distribution Agreement that led to increase in their workload multifold.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t

Client Challenges<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t
    \n\t\t\t\t\t\t\t
  • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tIn order to reduce the cost of operations and fulfill their increasing need for qualified accounting staff. They did not require pure \u2018number-crunchers\u2019 but rather qualified accountants who were dynamic, fundamentally sound, and had the ability to think ahead while giving due consideration to the inherent complexities of their reporting requirements.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
  • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tThe Board of Directors and auditors were very focused on the top line. A2X migration and clearing accounts reconciliations were the key financial control measures those were missing.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
  • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tLow quality assurance on reconciliations standards.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t

    Befree's Solution<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tSOP creation and setting up of reconciliation processes.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tDesigning of BI tools to track Traffic, Order details, Customer engagement, and Conversion Rate.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tData for necessary KPIs were brought in from multiple accounting software to create a data pool that could grow periodically.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tStaying true to the brief, consolidated data from multiple sources and automating it with VBA, coupled with a pleasing dashboard helped CFO get a clear and real time visibility of the processes.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tDesigned a robust reporting system to deliver the desired report.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t
      \n\t\t\t\t\t\t\t
      \n\n\t\t\t\t\t\t
      \n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
      \n\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\tThe CFO was empowered with a long-term solution to a recurring problem.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\n\t\t\t\t\t\t
      \n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
      \n\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\tAn effective reporting tool streamlined communication with the management and board of directors.\n\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\n\t\t\t\t\t\t
      \n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
      \n\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\tThe collation of data streams onto a single platform permanently streamlined the flow of information in an easily consumable format.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\n\t\t\t\t\t\t
      \n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
      \n\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\tThe interactive dashboard transformed simple data into actionable information.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

      Client Overview A Global biotech company that focuses on developing plant-based hemp solutions signed a National Distribution Agreement that led to increase in their workload multifold. Client Challenges In order to reduce the cost of operations and fulfill their increasing need for qualified accounting staff. They did not require pure \u2018number-crunchers\u2019 but rather qualified accountants […]<\/p>\n","protected":false},"author":2,"featured_media":1206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"yoast_head":"\nPivoting with the Power of Effective Reporting & Reconciliation<\/title>\n<meta name=\"description\" content=\"Pivoting to effective reporting, our strategic A2X migration, and comprehensive account reconciliation solutions amplify financial control for their business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Manoj\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pivoting with the Power of Effective Reporting & Reconciliation","description":"Pivoting to effective reporting, our strategic A2X migration, and comprehensive account reconciliation solutions amplify financial control for their business.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"twitter_misc":{"Written by":"Manoj","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/","url":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/","name":"Pivoting with the Power of Effective Reporting & Reconciliation","isPartOf":{"@id":"https:\/\/befreeltd.com\/au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/#primaryimage"},"image":{"@id":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/#primaryimage"},"thumbnailUrl":"https:\/\/befreeltd.com\/au\/wp-content\/uploads\/Pivoting-the-power-of-effective-reporting.jpg","datePublished":"2024-01-10T04:08:09+00:00","dateModified":"2026-04-15T05:09:12+00:00","description":"Pivoting to effective reporting, our strategic A2X migration, and comprehensive account reconciliation solutions amplify financial control for their business.","breadcrumb":{"@id":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/#primaryimage","url":"https:\/\/befreeltd.com\/au\/wp-content\/uploads\/Pivoting-the-power-of-effective-reporting.jpg","contentUrl":"https:\/\/befreeltd.com\/au\/wp-content\/uploads\/Pivoting-the-power-of-effective-reporting.jpg","width":1920,"height":1080,"caption":"Effective financial reporting insights"},{"@type":"BreadcrumbList","@id":"https:\/\/befreeltd.com\/au\/resources\/case-studies\/pivoting-the-power-of-effective-reporting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/befreeltd.com\/au\/"},{"@type":"ListItem","position":2,"name":"Pivoting the power of effective reporting"}]},{"@type":"WebSite","@id":"https:\/\/befreeltd.com\/au\/#website","url":"https:\/\/befreeltd.com\/au\/","name":"Befree","description":"","publisher":{"@id":"https:\/\/befreeltd.com\/au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/befreeltd.com\/au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/befreeltd.com\/au\/#organization","name":"Befree","url":"https:\/\/befreeltd.com\/au\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/befreeltd.com\/au\/#\/schema\/logo\/image\/","url":"https:\/\/befreeltd.com\/au\/wp-content\/uploads\/befree_logo.svg","contentUrl":"https:\/\/befreeltd.com\/au\/wp-content\/uploads\/befree_logo.svg","width":124,"height":57,"caption":"Befree"},"image":{"@id":"https:\/\/befreeltd.com\/au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/people\/Befree-Global\/100088891985988\/","https:\/\/x.com\/infobefreeltd","https:\/\/www.youtube.com\/@befree_ltd","https:\/\/www.instagram.com\/befree_global\/","https:\/\/www.linkedin.com\/company\/befree-pty-ltd\/"]}]}},"_links":{"self":[{"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/posts\/1211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/comments?post=1211"}],"version-history":[{"count":3,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/posts\/1211\/revisions"}],"predecessor-version":[{"id":15887,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/posts\/1211\/revisions\/15887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/media\/1206"}],"wp:attachment":[{"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/media?parent=1211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/categories?post=1211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/befreeltd.com\/au\/wp-json\/wp\/v2\/tags?post=1211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}