In the Autumn of 2021, MacroFin had the pleasure of implementing NetSuite for Zego, the UK’s first insurtech who have grown to a $1bn valuation just six years after their formation in 2016.
Prior to implementing NetSuite, Zego relied on a number of disparate systems, including requiring separate Xero instanced for each subsidiary to be run as an individual company, and manually consolidated in excel to create group reports. As the business continued to grow, both domestically and abroad, the cost of manual processing and margin for error, combined with the need for a true multi-country, multi-currency consolidation tool drove them to consider a new finance solution.
The business partnered with MacroFin due to their track record of working with fast-growing, international businesses, and demonstrable experience of achieving high levels of automation through expert consultancy and specialist integrations.
MacroFin’s role during the implementation process ranged from consulting on financial strategy and delivering tailored training, to providing personalised role-based templates and assisting in the development of a controlled, automated Accounts Payable workflow.
When choosing to work with MacroFin, Zego were particularly inspired by the founders’ first-hand experience of implementing and using NetSuite as a customer.
Benjamin Robson, Systems Accountant at Zego explains:
“Having been an end-user of NetSuite, MacroFin has a first-hand understanding of how the system should be set up and how processes are meant to work.”
Working with a trusted NetSuite partner gave Zego the peace of mind that their implantation would have a clear project plan from start to finish, allowing for a painless and personalised process.
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