Case Study: Parachute Home achieves 90%+ faster financial reporting with Aleph

Parachute Home improves financial reporting efficiency by 90%+ with Aleph

Parachute Home, a direct-to-consumer home goods brand, was struggling with a previous FP&A solution that was slow, rigid, and plagued with data inaccuracies. This led to a significant lack of trust in their financial data and created major inefficiencies, especially during the critical monthly close process. The company turned to the vendor Aleph to find a more reliable and flexible financial planning and analysis platform.

By implementing Aleph's FP&A software, Parachute Home automated its financial reporting. The solution featured flexible data models and direct integrations with Excel and Google Sheets, which restored data integrity. The results were dramatic: the monthly close reporting time was reduced by over 90%, from 1-1.5 days down to just 20 minutes. Aleph also enabled the creation of self-serve dashboards for other departments, improving company-wide visibility and collaboration.

Parachute Home

Gregory Silva

Head of Finance