MacroFin is delighted to be confirmed as the 2024 winner of Business Awards UK’s Large Business Digital Transformation award for Greater London.
Judged by a panel of independent industry experts, the criteria for the award focused on the entrant’s ability to deliver a positive and lasting impact through their project, rather than simply implementing a new technology.
This included analysis of MacroFin’s approach before, during, and after implementation, combined with a need to show a measurable impact and demonstrable improvements in the client’s business performance post-project.
Focusing on a recent client project, the award submission outlined how MacroFin had implemented its unique approach to implement NetSuite for a scaling cyber security technology firm.
Initially architecting the system from a ‘report-first’ perspective, the project delivered numerous operational enhancements, including improvements in order-to-cash, streamlining the procure-to-pay processes, automating billing and revenue recognition requirements, reducing admin via bank feeds and electronic payments, as well as implementing multibook accounting to manage complex financial requirements and GAAP analysis in multiple international jurisdictions.
Since implementing NetSuite with MacroFin, the client proceeded to obtain seven-figure series C funding before being acquired by a global leader with plans to rapidly scale development and deployment of its offering.
Commenting on the award, MacroFin CEO, Ross Latta, said:
“We’re delighted to receive this recognition from Business Awards UK. It’s an amazing accolade and well-deserved recognition of our team, not only their constant hard work, but their unbelievable ability to understand complex projects, design solutions, and then also deliver them.
Each of those component parts is difficult enough to deliver well standalone, but to truly deliver digital transformation for clients, you must bring it all together.
That’s what our team does day in and day out for all sorts of businesses, so, the whole team here is just delighted that others can see that too!”
This is just the latest in a long string of vendor and industry awards and nominations for MacroFin. With 2024 looking to be the company’s busiest year yet, it hopefully will not be the last.
