Case Study: Naked Accounting achieves faster, more flexible financial forecasting with Brixx

Naked Accounting streamlines forecasting for 10-year scenarios with Brixx

Naked Accounting, a cloud accounting firm based in the Midlands, sought a more efficient forecasting and modeling solution for its diverse client base than traditional spreadsheets. Their challenge was to move beyond the limitations of chart-of-accounts-based tools and complex, error-prone Excel models to better visualize business activities and test scenarios quickly for clients ranging from solopreneurs to venture capital-funded startups.

The firm implemented Brixx, a flexible forecasting tool, to build forecasts based on business activities rather than a chart of accounts. Using Brixx allowed them to identify key financial drivers and test scenarios instantly, with changes immediately reflected in profit and loss, cash flow, and balance sheet reports. This solution provided significant time savings and increased accuracy, transforming a process that could take days in Excel into one that takes moments, making financial planning much more efficient for their clients.

Naked Accounting