Strengthening Financial Foundations and Reporting Transparency
Background
As a fast-growing contingent workforce platform, MBP (myBasePay)’s business model relies on one critical cycle: payroll accuracy for external workers tied to billing accuracy for external clients. While the pay–bill cadence is simple in concept, it becomes highly complex at scale, with thousands of transactions and variables in motion each week.
To continue scaling profitably, MBP needed stronger financial guardrails, timely reporting, and systems and processes that protect against revenue leakage, provide consistent insights, and build investor confidence.
The Challenge
Like many scaling companies, MBP’s financial operations were being stretched by growth:
Reconciliations needed more robust checks and balances to keep pace with growth.
Core pay–bill processes varied by client, making it harder to standardize service delivery and protect margin as volume grew.
Reporting capabilities were limited, leaving leadership without a centralized, reliable source of truth on key financial and operational metrics.
These challenges weren’t signs of weakness — they were the natural hurdles of a financial services platform scaling quickly. To move forward, MBP needed processes, tools, and reporting that would deliver clarity, consistency, and confidence.
How Day1 Showed Up
Day1 partnered with MBP across multiple engagements to strengthen data-driven foundations, aggregate insights from various systems of record, and establish reporting discipline:
Pricing & Profitability Tools: Conducted market research on industry pricing mechanics and customer preferences. Designed flexible pricing models and built automated calculators that allow the business development team to quote competitively while safeguarding margin.
Reporting Database & Dashboards: Built a centralized database to capture gross billings through to gross profit by worker and by customer, enabling real-time visibility into performance. Developed dashboards, trend reports, and variance analysis for weekly, monthly, and quarterly insights.
With Day1’s support, MBP transformed inter-departmental operations from reactive to proactive, gaining:
Visibility
A centralized reporting database and dashboards that provide real-time insight into the health of the business — at a unit economic level that mattered to their business.
Clarity
Pricing models and calculators that empower the sales team to remain competitive while maintaining profitability.
Chantal Schutz
CFO, myBasePay
“Day 1 was the catalyst to cross-functional conversations that helped drive organizational change, ensuring that teams throughout the organization understood and could rely on the data they used day-in and day-out.
Their understanding of systems of record and interoperability resulted in a reporting tool that is used daily across teams to review and analyze critical information used in day-to-day decision making, from pricing to margin analysis and beyond.”
With reconciliations, pricing frameworks and tools, and reporting systems in place, MBP now operates with financial clarity and discipline. Leadership has real-time visibility into the health of the business and the company has the confidence to pursue growth knowing its financial foundations are secure.
Looking Ahead
Need a transformation partner for your business?
Day1 partners with growing companies to design and implement the systems, processes, and strategies that unlock performance.
Let’s talk about how we can help you get from day one to your one day.
