Before implementing Sage Intacct.
When you have $12 billion invested in a broad
portfolio of public companies, you can't rely on stale
information – you need to know what's happening
as soon as possible. But that was a major challenge
for Trian Partners, which was unable to generate the
timely reports its 10 partners (and counting) rely on.
The Exact Macola general ledger and Excel were an
unfeasible combination, requiring the finance team
to manually track every transaction and apply correct
ownership percentages.
The result: A 90-day delay to generate complete
reporting packages for all partners across
investments, funds, and entities. And new partners
joining the firm meant finance had to spend hours
updating its chart of accounts and reporting templates.
90-Day Delay
To generate complete reporting
packages for all partners.
28 Customer Heroes
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