How Qwick Uses Mosaic to Build a Culture of Financial Collaboration
公司规模
200-1,000
地区
- America
国家
- United States
产品
- Mosaic
- Quickbooks
- Salesforce
- ADP
- Divvy
技术栈
- Quickbooks
- Salesforce
- ADP
- Divvy
- Snowflake
实施规模
- Enterprise-wide Deployment
影响指标
- Customer Satisfaction
- Digital Expertise
- Productivity Improvements
技术
- 分析与建模 - 预测分析
- 应用基础设施与中间件 - 数据交换与集成
- 平台即服务 (PaaS) - 数据管理平台
适用功能
- 商业运营
服务
- 系统集成
- 培训
关于客户
Qwick is a professional platform dedicated to the hospitality industry, matching experienced freelancers with shifts at restaurants, hotels, caterers, stadiums, and more. As the leading staffing platform in this sector, Qwick provides businesses with the flexibility to fill shifts in real-time with qualified staff, while empowering freelancers to work when and where they want. The company is in a high-growth phase, necessitating the evolution of their financial tools and processes to support their expanding operations. With a focus on improving financial forecasting and collaboration, Qwick aims to enhance its impact on the hospitality industry by leveraging advanced financial management solutions.
挑战
As a startup in high-growth mode, Qwick faced significant challenges in managing their financial operations. Their financial modeling was being done in Google Sheets, relying on high-level assumptions and requiring data from multiple disconnected systems like Quickbooks, Salesforce, ADP, and Divvy. This manual approach led to several major problems, including a week-long process to prepare board financials, extensive time spent on fundraising diligence, and the inability to update key metrics like CAC and LTV more frequently than quarterly. Additionally, their revenue and cash forecasts were extremely high-level, lacking the precision needed for accurate financial projections. Zack McCarty, Director of FP&A, recognized the need for a tool that could integrate all their financial data into one place to improve forecasting and build a culture of financial collaboration.
解决方案
Qwick chose Mosaic for its balance of guided functionality, fast time to value, and intuitive user experience. Within days, Qwick set up direct data integrations with key systems like Quickbooks, Salesforce, ADP, Divvy, and Snowflake, allowing live data to flow into Mosaic for instant analysis. They rebuilt their financial model from the ground up, determining the best forecasting methods for each line item on the P&L and stress-testing them for accuracy. Mosaic's 3-statement modeling tools enabled quick scenario planning, allowing Qwick to ask and answer critical business questions in minutes. Additionally, the integration with Snowflake and Mosaic's Metric Builder revolutionized their ability to combine different data sources into meaningful metrics. Qwick also focused on building department-level dashboards in Mosaic, presenting a combination of financial and operational performance results that mapped to each department's strategic goals. This approach helped bridge the gap between the finance team and other departments, fostering a culture of financial collaboration.
运营影响
数量效益
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