Case Study: RPC Tyche Streamlines Finance and Consolidation with Xledger

RPC Tyche reduces accounting cycle from days to minutes with Xledger

RPC Tyche, a stand-alone company offering capital modelling and insurance pricing software, faced the challenge of rapidly separating its back-office financial processes from its former parent law firm, RPC. They needed a new, scalable financial system that could support exponential growth, a diverse global structure, and maintain efficiency for their small team. They chose to implement the Xledger finance and accounting platform to meet this urgent need.

The implementation of Xledger provided RPC Tyche with a swift and scalable solution, featuring automated bank reconciliation, seamless multi-currency consolidation, and flexible reporting. The results included a successful migration of vast historical data and a significant reduction in their accounting cycle from days to minutes. According to CFO Gavin Dilley, Xledger provided greater reporting flexibility, improved team efficiency, and made onboarding new staff remarkably easy due to the system's intuitiveness.

RPC Tyche