Rippling gave Andros automation superpowers to save $100k each year

Pain Points

The Challenge

The finance team at Andros does more than manage the company's books. Maksim Gekhman, CPA, Andros’s Director of Finance, describes himself and the four members of the finance department as a “strategic finance team.”

“The mission of the finance team at Andros is to provide visibility into financial performance and forecasts to help the leadership team make informed decisions based on data. They tell the story of the company through the lens of financial analysis and information and provide support to make and implement operational, financial, and strategic decisions. This allows management to make the best use of capital, effectively manage cash flow, and plan financially to ensure the organization's strategic goals can be met,” he says.

That’s a big part of why inefficient systems and tools don’t work for Max. His team can’t spend time on low-value manual tasks. One of their previous vendor’s biggest drawbacks was that it was nearly impossible for Andros’s finance team to track spending on credit cards they had issued to employees. And that’s why, two years ago, they went looking for a new credit card solution.

“It took an hour to issue a credit card, and, honestly, I was dreading every time a new executive would join the company—I’d have to log in and send them a virtual credit card, and the whole thing was such a cumbersome process!” he said of the solution Andros used at the time. “You couldn’t even change spend limits after issuing cards. Instead, you needed to create a new card.” 

The Solution

Ready to chat?

Manage all your employee spend in one place

See Rippling

Max quickly realized Rippling had the potential to streamline and integrate a lot of Andros’s disparate systems.

“We needed something that could integrate with payroll and our employee roster, so we could easily assign credit cards to individuals and track their spend,” Max said. That’s what led him to Rippling.

As he learned about all the different systems Rippling could consolidate, Andros began dropping more and more inefficient tools and replacing them with Rippling products.

“I think we’ve pretty much signed up for all of the products at Rippling by now,” he said.

The Impact

• $100k saved each year. “The reduction in third-party vendor spend on solutions combined with the automation that was part of the Rippling solutions has a total impact of ~ $100k/year.”

• 20 hours saved each month. “The finance and G&A teams have saved time on manual tasks by transitioning to Rippling Payroll, Spend, and HR solutions.”

• End-of-month close time decreased by 70%. “We decreased our close time from ten business days to three business days, which is world-class.”