Case Study: Tandia achieves faster, unified financial reporting with BankBI

Tandia cuts month-end reporting from 3-4 days to same-day dashboards with BankBI

Tandia, a Canadian credit union formed from a merger, faced significant post-merger financial reporting challenges. Their previous method of using complex Excel spreadsheets became unfeasible, causing reports to take weeks to create and resulting in errors due to the consolidation of two separate banking systems. To overcome this, they turned to vendor BankBI for its performance management software.

BankBI implemented its solution, integrating with Tandia's RFS core banking system to provide consolidated, daily reporting. The result was that financial reports and key performance dashboards became available immediately after month-end, eliminating a delay of several days. This provided Tandia with a unified financial perspective, saved staff significant time, and prepared the credit union for future growth.

Tandia