MyCarrier is an online platform that connects shippers of products directly to carriers. As their organization grew – the company just clocked a record 2.5 million automated shipments – their needs began to change and they needed something to help with their financial close, the long process of verifying and adjusting balances at the end of a quarter
The problem: manual, error-prone mapping and consolidation to complete the financial close process
Before Datarails, Kyle Harris, VP of Finance, at MyCarrier says his team would have to manually map or export all of the financials from QuickBooks, put them in a spreadsheet and change all of the formulas. Manually mapping and exporting financials from QuickBooks into spreadsheets was error prone, time consuming and didn’t fit their fast-paced business profile. Datarails stepped in to automate data consolidation and help them close their month with ease.
“Now using Datarails, the budget process is enhanced with features like the date-picker making the reviewer process seamless..”
Kyle Harris,
VP of Finance at MyCarrier
MyCarrier was looking for a solution to help speed up the budgeting process and offer scenario planning capabilities without removing the flexibility of Excel. With Datarails, they have done just that while leveraging the visualization and reporting capabilities to prepare internal board reports, which used to take ‘hours and hours’.
“Overall We’ve Been Super Happy with Datarails. It’s Comfort and Time Saved… I See It Extending to Other Parts of the Business.”
Kyle Harris,
VP of Finance at MyCarrier