How Flex Living Automated Financial Reporting with Turntable

Key Points
  • Replaced complex internal dashboards with an easy-to-use BI tool for flexible reporting and metrics exploration.
  • Significantly reduced engineering resources spent on ETL from their MongoDB instance and dashboard management.
  • Improved financial transparency and data-driven decision-making across the organization.
Company
Flex Living

Flex Living is a fast-growing property technology company that provides flexible living spaces across prime locations such as Dubai, London, Paris, and Algiers.

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Background

Flex Living is a fast-growing property technology company that provides flexible living spaces across prime destinations such as Dubai, London, Paris, and Algiers.

As the company expanded, financial reporting became increasingly crucial. The Flex Living engineering team initially built a custom internal dashboard connected to their MongoDB database to monitor property performance and facilitate data-driven decisions.

However, the custom-built dashboard solution soon became challenging to manage and maintain.

     

Challenge

The finance team at Flex Living faced significant hurdles:

  • Their static internal dashboard was difficult to modify, preventing team members from easily comparing metrics or generating custom reports.
  • Frequent engineering intervention was required to troubleshoot issues and create new dashboards, diverting valuable resources.
  • Custom infrastructure was necessary for managing ETL processes, synchronization tasks, and dashboard updates, adding complexity and overhead.

Before Turntable, we struggled to consolidate all our data in one place and generate clear, easy-to-read charts and dashboards. This made it difficult to track our financials monthly and gain meaningful insights.

Raouf Yousfi, CEO of Flex Living

     

Solution

Flex Living turned to Turntable to overcome these challenges. Leveraging Turntable's automated fractional analytics engineering platform, Flex Living rapidly built an end-to-end data stack including:

  • Fully managed ETL pipelines seamlessly replicating data from their MongoDB instance, with additional support for over 100 integrations.
  • Robust, code-backed data transformations using dbt, ensuring high-quality, clean data through automated tests.
  • An explorable Metrics Catalog, enabling team members to effortlessly navigate key business metrics such as occupancy rates, profitability, and expenses across properties.
  • A flexible, user-friendly BI tool that empowers team members to independently create insightful charts, compare metrics, and generate custom reports.

Turntable quickly built a dashboard that allows us to efficiently monitor and track our financial performance. The solution was implemented rapidly, greatly simplifying data analysis and decision-making.

Raouf Yousfi, CEO of Flex Living

     

Results

Implementing Turntable had a profound impact on Flex Living's business operations:

  • Flex Living quickly transitioned to a fully integrated data solution, significantly reducing the manual effort previously required by their engineering team.
  • Enhanced data quality and transparency enabled the finance team to accurately monitor financial performance and gain critical insights.
  • Team members across the organization now easily access and explore key financial metrics independently, improving operational efficiency and decision-making agility.

If you lack the internal resources or time to develop a comprehensive data solution, Turntable is a reliable and valuable partner. They deliver high-quality results with a quick turnaround, making them a great choice for businesses looking for stability and clarity in their data management.

Raouf Yousfi, CEO of Flex Living

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