Client Cases
PerfectXL Suite

Insurance Company VGZ

Internal processes streamlined and improved to mitigate risks.

VGZ, a large insurance company in the Netherlands, utilizes PerfectXL to reduce error margin on internal models, and to onboard new colleagues efficiently.

Before PerfectXL

Before implementing PerfectXL would check complex Excel models without any software assistance. This manual process was time consuming, and some issues could slip through the cracks. This was especially true when it came to newer members of the team, for them, large complex Excel models were difficult to understand and work with. The time and energy spent on trying to explain and onboard users around good use of complex files was significant.

“PerfectXL helps us analyze our complex Excel models, to find and identify risks, thereby reducing the chance of mistakes or issues.”

After PerfectXL

PerfectXL is now utilized for many internal processes, but has been found to be especially helpful in identifying and mitigating risks in complex models. Users are encouraged to review Excel models with PerfectXL to reduce the margin of error, and many have found that the process is not only more thorough, it also saves time as it streamlines the audit process. The visualization capabilities of PerfectXL are now also utilized in onboarding processes to aid in explaining models to new employees.

 

Conclusion

Having a powerful suite in house has resulted in better Excel models for VGZ, improved processes around managing Excel files, and a lower error margin. The visualizations also help to make even complex models understandable, simplifying the onboarding process and improving users grasp on internal models starting from day one.

More Client Cases

Five minute scans of all incoming sheets lead to efficient reviews.

International Accounting Firm

Internal processes streamlined and improved to mitigate risks.

Insurance Company VGZ

Crucial blunder in consolidation sheet caught on time.

Large Oil Company

Easy analysis and change logs make life easy for expert user.

JKP Application Development Services

No more confidential hidden information in client facing models.

Big Four Consultancy Firm

Performing financial model reviews with confidence.

Siemens Automation & Digitalisation

Automated checks and controls on all outgoing models.

Strategic Pricing & Cost Management

What about your PerfectXL case?