Case Study: Seven Corners Travel Insurance achieves faster financial close and better profitability insights with Leaf Software Solutions and Sage Intacct

Seven Corners Travel cuts close time by 83% with Leaf Software Solutions

Seven Corners Travel, a travel insurance and benefit management company, was struggling with inefficient financial operations. Their accounting and finance team faced a slow 30-day close cycle, low visibility for leadership, and an over-reliance on error-prone spreadsheets. This prevented them from analyzing product profitability and living up to their core values. They engaged vendor Leaf Software Solutions for assistance with their Sage Intacct cloud accounting system.

Leaf Software Solutions implemented a sophisticated contribution margin analysis within Sage Intacct. This involved creating a custom integration to another system, utilizing dimensions and dynamic allocations, and building new dashboards and reports. The results were transformative: the financial close was reduced by 83% to just four days, saving the company $545k annually in labor costs. Most significantly, Seven Corners gained immediate monthly visibility into profitability by product, channel, and agent, enabling data-driven decisions that turned around years of unprofitable results.

Seven Corners Travel