IT services

IT Synergy

How IT Synergy took control of multi-entity reporting with Finstack.

As the company scaled to six entities.

80% faster insights
From reporting on the 15th to having clarity in the first days of the month.
One consolidated truth
Instant visibility after growing from 3 to 6 entities.
Stronger steering
Weekly and even daily visibility into revenue, costs, and cashflow.
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Over

IT Synergy provides modern IT services and support for businesses across the Netherlands. With continuous year-over-year growth and a strong focus on service quality, the company has become a trusted partner for organizations seeking reliable managed IT solutions.

IT Synergy

NL (Rotterdam, Mijdrecht)

Opgericht

2012

Industrie

IT services

Bedrijfsgrootte

75 employees

6 entities

Belangrijkste functies

Reporting

Working capital

Advanced consolidation

Vóór Finstack

Manual consolidation in Visionplanner.

No reliable consolidated overview after acquisitions.

Reporting ready around the 15th of the month.

Unreliable cashflow analysis.

Limited filtering and no detail per customer or supplier.

Na Finstack

Fully automated consolidation.

A real-time, multi-entity P&L, BS, and cashflow.

Insight in the first days or even same-day.

Accurate, real-time cashflow and working capital.

Deep insights per customer, supplier, GL account, and cost center.

Intro

IT Synergy is a fast-growing managed service provider supporting businesses with modern IT solutions. Founded in 2012 and now operating with 75 employees and six entities, the company has grown over 25% per year, further accelerated by acquisitions.

That rapid expansion increased financial complexity overnight. Consolidation in Excel became fragile, time-consuming, and difficult to hand over to new finance team members. With manual logic buried in spreadsheets, IT Synergy lacked the reliable, real-time insight required to steer a multi-entity business.

With Finstack, they moved from scattered spreadsheets to one central platform—automating consolidation, making reporting repeatable, and giving both finance and the management team the clarity they need to drive the business forward.

Uitdaging

After acquiring two companies simultaneously, IT Synergy expanded from three to six entities overnight. Their Excel-based process could no longer keep pace. Consolidation was slow, error-prone, and hard to hand over to new finance team members. Cost centers required a mapping structure completely separate from the GL—something Excel simply couldn’t support reliably. As a result, the finance team lacked timely consolidated insight, and reporting was often only ready by the 15th of the month. The company needed one platform that could automate consolidation, ensure accuracy, and give real-time visibility across entities.

Oplossing

IT Synergy implemented Finstack in a single day, without consultants. All entities were connected immediately, and within weeks the finance team had automated its reporting model. With flexible mappings, independent cost-center structures, deep drill-downs per customer and supplier, and reliable cashflow insight, Finstack became the single source of truth for the entire business. Both finance and management now work from the same real-time data set, with reporting cycles reduced to minutes instead of days.

Resultaat

With Finstack, IT Synergy has full control over its consolidated numbers and can steer the business much earlier. Reporting that previously required mid-month effort is now available in the first days—and often even within the first hours—of a new period. The management team views performance directly in Finstack, reducing inbound questions to finance. Detailed insights per customer, supplier, and cost center support negotiations, budgeting, and planning, while the cashflow overview provides accurate, real-time clarity. The finance team now operates proactively instead of reactively, with a scalable foundation as the company continues to grow.

“The ability to drill down to customer and supplier level has transformed our reporting. It’s faster, clearer, and far more detailed.”

Fabian Huising
CFO, IT Synergy
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"Finstack is niet zomaar een rapportagetool. Het is essentieel voor mij als CFO. Het kan omgaan met onze organisatiestructuur waarbij vestigingen als kostenplaatsen zijn ingericht.”

Reinier Luitingh
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“Als dienstverlener voor technologie-bedrijven zijn we altijd op zoek naar innovatieve tools voor onze klanten.

Finstack stroomlijnt het rapportage-proces, waardoor onze klanten handmatig werk kunnen schrappen en zich kunnen richten op het toevoegen van waarde aan de business.”

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Yori May
Managing Partner, torq.partners

“Een sterke combinatie van rapportages en interactieve visuals die onze maandafsluiting aanzienlijk versnelt.”

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Tamaryn Dos Santos
Head of Finance, OpenUp

“What I value most is Finstack’s flexibility. I can design my own reporting - without the hassle of implementation consultants.”

Jules Gerritsen, RA
CFO, Domek Group
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“Als dienstverlener voor technologie-bedrijven zijn we altijd op zoek naar innovatieve tools voor onze klanten.

Finstack stroomlijnt het rapportage-proces, waardoor onze klanten handmatig werk kunnen schrappen en zich kunnen richten op het toevoegen van waarde aan de business.”

A portrait of Yori May.
Yori May
Managing Partner, torq.partners

“Een sterke combinatie van rapportages en interactieve visuals die onze maandafsluiting aanzienlijk versnelt.”

A portrait of Tamaryn Dos Santos.
Tamaryn Dos Santos
Head of Finance, OpenUp

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