Case Study: 542 Partners reduces period close labor by 66% with Karbon and Aider

542 Partners reduces period close labor by 66% with Karbon

542 Partners, an accounting firm based in Sydney, faced a challenge with a slow and manual period close process. This required three staff members to manually complete a 20-to-25-point checklist for every client, consuming significant capacity and delaying advisory reporting for their clients.

By implementing Aider, a product from Karbon, the process was automated. The solution verified data automatically and only surfaced exceptions needing attention. This reduced period close staffing from three to one, a 66% labor reduction, and freed up two FTEs for higher-value work. The firm also significantly cut the time spent writing advisory reports and now delivers more comprehensive client-facing reports faster.

542 Partners