Case Study: a destination development company achieves automated multi-database, multi-currency consolidation and streamlined project reporting with True Sky

Destination Development Company - Customer Case Study

Destination Development Company, a resort and property developer operating in the US and Caribbean, struggled with multiple production databases, multi-currency reporting and transactions, manual currency revaluation and edits, heavy reliance on multi-year project budgeting, and poor project/job cost reporting. True Sky was engaged to address these challenges using its Financial and Project Models for budgeting and reforecasting.

True Sky implemented user-focused financial and project models and templates that empower finance and non-finance users while keeping control with the finance group and minimizing IT involvement. The solution automatically integrated all company databases, aligned different fiscal year calendars for consolidated reporting, automated currency exchange rate calculations, and delivered much-needed project reporting, streamlining budgeting and reforecasting for the customer.