Case Study: Ikigai Labs cuts month-end close time by 50% with Vectura

Ikigai Labs cuts month-end close time by 50% with Origin

Ikigai Labs, a global research and data services innovator, faced significant challenges in managing its complex financial operations across multiple continents. The company's finance team relied on a patchwork of spreadsheets and outdated approval systems, leading to slow approvals, difficulty tracking budgets, and weeks spent on manual reconciliation. To scale its mission-driven work, Ikigai Labs needed a modern financial infrastructure and turned to the vendor Origin for a solution using Vectura.

By implementing Origin's Vectura platform, Ikigai Labs centralized its financial operations with real-time dashboards and automated workflows. This solution provided the visibility and control the team needed, resulting in a 50% reduction in month-end close time and approval workflows that were completed twice as fast. The measurable impact included tracking $1.8 million in research budgets in real-time and achieving a 45% faster reporting cycle, enabling the finance team to shift its focus from manual tasks to strategic analysis.

Ikigai Labs