Case Study: Zip achieves faster global consolidation and month-end close with insightsoftware Calumo

Growing Rapidly, Zip Achieved Necessary Adaptability with Calumo

Zip, a fast-growing global buy now, pay later company, needed a better way to manage rapid expansion, acquisitions, and multi-currency financial reporting across more than 30 Xero instances and other general ledger systems. As the business scaled across 13 international markets, its manual consolidation approach was no longer sustainable, and the finance team needed faster, more adaptable reporting. insightsoftware’s Calumo product was used to help meet these evolving reporting and consolidation needs.

With insightsoftware’s Calumo, Zip centralized and consolidated its financial data, enabled real-time reporting in both local currency and AUD, and streamlined ad hoc analysis and month-end close. The solution helped Zip achieve an efficient four-day close, integrate a new U.S. acquisition in just 30 days, and avoid the headcount increase that would have been needed without automation. insightsoftware also enabled Zip to support changing board reporting needs and free up time for deeper analysis and innovation.

Zip

Christina Temme

Director of Group Financial Control