How Mint scales finance across 40+ entities with Eagl
“Eagl decreases our operational risk because we’re not as dependent on people as before.”
Mint is a fast-growing dental group operating more than 40 entities. As the group expanded, its finance team needed a more scalable way to maintain control over the month-end close and the quality of its financial data.
More entities made it harder to stay in control
As Mint continued to add companies to the group, processes that worked at a smaller scale became increasingly difficult to manage. The finance team was tracking close activities across entities in Excel, while reviewing large volumes of accounting data manually.
- The close no longer scaled: With more than 40 entities, keeping an overview of every task, entity and outstanding item in Excel became increasingly difficult.
- Too much depended on people: Critical checks and accounting knowledge relied heavily on individual team members, creating operational risk as the group grew.
- Errors were difficult to spot systematically: Reviewing transactions manually made it difficult to identify every unusual booking or inconsistency across the group.
“Before Eagl, we used to track every task for every entity in Excel. But with more than 40 entities, it became impossible. Eagl solved that.”
Quinten VersaenAccounting Manager, MintOne control layer across the month-end close
Mint implemented Eagl to bring its close processes and financial controls together in one place. Instead of relying on spreadsheets and manual reviews, the finance team can track the close across entities while Eagl continuously analyzes the underlying accounting data.
- One overview of the close: Mint can manage and track close activities across its 40+ entities without maintaining separate Excel-based processes.
- Automated financial controlling: Eagl scans accounting documents and transactions, compares them with historical patterns and surfaces findings that deserve the team's attention.
- Less manual review: Rather than having finance manually search for potential issues, Eagl highlights anomalies for the team to investigate.
“The feature I’m most impressed by is the capability to really scan each PDF of our accounting system and compare it to historical patterns and the current transaction booking.”
Dick GarmynFP&A Manager, MintA finance function that can scale with the business
For Mint, the impact goes beyond making individual close activities more efficient. Eagl gives the finance team an additional layer of control as the group grows, reducing its dependency on individual people while improving oversight of the financials.
- Lower operational risk: Processes and controls are less dependent on individual team members.
- Greater efficiency: Eagl reduces the manual effort required to manage and review the close across a growing number of entities.
- Better financial oversight: Findings are surfaced systematically, helping the team focus on the issues that actually require attention.
- More time for strategic finance: With less time spent discussing individual data points, the CFO can spend more time with management and investors on the future of the business.
“I get to go to meetings with our investor and with our CEO and CSO, and we actually talk about the future, we talk about the strategy.”
Pieter HeymanCFO, Mint
