Case Study: eLearnSecurity achieves 1‑hour financial statement preparation with Visyond

eLearnSecurity Makes Financial Statements Preparation a 1-hour Job with Visyond

eLearnSecurity, a Silicon Valley cyber security training company led by Founder & CEO Armando, needed a faster, safer way to translate its operating model into pro forma financial statements and KPI reports for banks, investors and strategic decisions. The company’s accounting system only forecasted one year, so Armando and his team were forced to maintain forecasts in Excel and spend a week manually building and verifying Balance Sheet, Income Statement and Cash Flow Statement workpapers. Visyond’s point‑and‑click financial modeling platform was selected to address this challenge.

Visyond enabled eLearnSecurity to import Excel and ERP data, classify items through an intuitive step‑by‑step dialogue, and automatically generate clean, balanced financial statements by solving the equations linking the three statements. The result: elimination of error‑prone intermediate worksheets and plugins, vastly reduced rework when recategorizing items, and a drop in preparation time from roughly one stressful week to about one hour — freeing the model owner to focus on the operating model and improving overall productivity.

eLearnSecurity

Armando

Founder and CEO