Case Study: Broker Network Group cuts month-end reporting time with IRIS Financials

Broker Network Group - Customer Case Study

Broker Network Group, a UK insurance network, faced significant challenges with its outdated accounting software which could not efficiently manage its rapid growth and complex structure of over 30 separate businesses. The system created a time-consuming and unwieldy month-end process, making it difficult to consolidate financial data. The company turned to IRIS Software Group for a new financial management solution.

IRIS Software Group implemented its IRIS Financials product, a flexible system that allowed for real-time budget adjustments and consolidated reporting. The solution streamlined processes, including the ability to post multi-company journals automatically. As a result, Broker Network Group reduced its management account production time from 13 days to 8 and established a robust system ready for future expansion.

Broker Network Group

Andy Taylor

Finance Systems Consultant