Case Study: Lalo achieves board-ready forecasts in days with Drivepoint

Lalo cuts forecast cycles from months to 3-4 days with Drivepoint

Lalo, a baby gear brand, faced significant challenges with its financial planning and analysis. The co-founders were struggling with an outsourced FP&A team that led to version control nightmares and months-long delays for each forecast update, consuming 40-60 hours of their combined time per cycle. They needed a solution to achieve board-ready forecasts faster without making a costly full-time hire.

By implementing Drivepoint's connected planning platform, Lalo's founders gained the ability to collaborate on their financial model in real-time. This solution reduced their time to create scenarios by 97%, from months to just 3-4 days, and saved them dozens of hours per forecast cycle. With Drivepoint, they achieved same-day board readiness, enabled swifter strategic decisions, and successfully presented detailed scenarios that led to quick board approval.

Lalo