Case Study: City Light & Power achieves faster, error-free multi-entity consolidations and saves hours per close with FYIsoft

FYIsoft's powerful features save this controller hours of time every close, and help her step into a more strategic role

City Light & Power, Inc., a Colorado‑based private utility development leader, faced growing complexity from multiple companies and public‑private partnerships that made financial consolidations and cash‑flow reporting slow and error‑prone. Controller Rachel VonSiebenhoven was spending hours exporting to Excel and manually reconciling reports after using Spectrum, so the company turned to FYIsoft’s cloud financial reporting software (including its financial report writer and GL integration) to strengthen reporting and streamline the close.

FYIsoft delivered multi‑entity consolidations with side‑by‑side company columns, drill‑down GL detail, automatic cash‑flow statements and easy custom report setup. The implementation saved Rachel about four hours each time she runs consolidations, returned roughly four hours to the CFO, enabled custom reports in under 30 minutes, and supported growth from six to eleven entities while keeping reports accurate and automatically updated—freeing the controller to focus on strategic analysis.

City Light & Power

Rachel VonSiebenhoven

Controller