Bringing change and simplifying financial management using Joiin

The challenge

As the company grew and new local entities were established, new local accounting was also introduced. Creating a common view across all entities for monthly business reporting was nearly impossible.

Using a myriad of Excel spreadsheets and manual consolidation, the process became ever more time-consuming. As the business expanded, it became more prone to errors.

The situation became unsustainable.

Consolidations needed a fix.

The solution

Blue Wireless selected Joiin to manage and automate the full financial consolidation across multiple business entities. The team found it extremely easy to connect with its existing accounting system Xero and very intuitive to configure reporting that was needed for the business. As more entities were opened, these were easily added.

Today, multiple internal staff globally use Joiin regularly, while it can also be easily opened up for external parties, such as auditors on a temporary basis. Consolidated reports are run for a variety of functions, including profit & loss, cash management, receivables and customer and product revenues. On a yearly basis, hundreds of reports are generated, some scheduled monthly, some ad-hoc, depending on the needs of the business.