Case Study: Xref achieves real-time data control and cash-flow resilience with insightsoftware's Calumo

Leading the Digital HR Revolution, Xref, Realizes Data Control With Calumo

Xref, an online reference-checking platform, was struggling with siloed financial data across multiple systems and five global Xero instances, which hindered multi-currency consolidation, employee-level planning and rapid forecasting—capabilities that became critical when COVID‑19 disrupted hiring. In late 2018 Xref engaged insightsoftware’s Calumo to unify its data, speed reporting and give management the real-time visibility needed to respond to fast-changing market conditions.

insightsoftware implemented Calumo to connect Xref’s five Xero instances, enable multi-currency consolidation, real-time reporting and fast ad-hoc analysis; integrations (including RapidID) took minutes. The finance team now builds a complex 24‑page board pack in about 1.5 hours, can lodge Appendix 4C within five days of quarter end, and uses interactive forecasting to stay cash‑flow neutral—helping Xref grow 56% in FY2021 and record a maiden profit. insightsoftware’s Calumo also freed staff to focus on analysis rather than data entry, delivering clear time savings and better decision-making.

Xref

James Solomons

Chief Financial Officer/Chief Operating Officer