Case Study: Tandia achieves streamlined consolidated financial reporting with BankBI

Tandia - Customer Case Study

Tandia, a cooperative banking institution formed from a merger, faced significant financial reporting challenges. Their previous method of using complex Excel spreadsheets became unworkable, taking weeks to create reports and causing errors. This latency in management reporting hampered strategic and operational decision-making. To overcome this, Tandia partnered with vendor BankBI to implement its performance management software.

BankBI provided a cloud-based solution that consolidated Tandia's data from two legacy systems. The implementation was swift, with BankBI mapping the chart of accounts and integrating daily data feeds. The result was that financial reports and dashboards became available on the first day after month-end, a process that previously took weeks. This provided Tandia with a unified, real-time view of their financial position, freeing staff from managing spreadsheets and preparing the institution for future growth.

Tandia

Joe Agro

Associate Vice President