Case Study: ClosedLoop delays hiring a full-time CFO 18 months and gains rapid financial insights with Jirav

ClosedLoop Gains Financial Insights, Delays FTE CFO Hire for 18 Months with Jirav

ClosedLoop, a venture-funded healthcare data science platform, was struggling with brittle, Excel-based financial planning and analysis—manual plan-vs-actual comparisons, risky spreadsheets, and the loss of a part-time CFO left the company facing a choice to hire a full-time CFO or adopt software. They chose Jirav as their FP&A solution (integrated with QuickBooks) to gain reliable, driver-based financial modeling without the overhead of an in-house CFO.

Jirav built ClosedLoop’s initial financial model in 60 days and delivered a driver engine that enabled fast scenario planning, cashflow forecasting, board reporting, and investor access. The implementation cut forecast and report update time to 10 minutes, accelerated time-to-value to 60 days, enhanced board collaboration and decision-making, and allowed ClosedLoop to delay hiring a full-time CFO for 18 months.

ClosedLoop

Andrew Eye

Chief Executive Officer and Co-Founder