MB Pinion Case Study.pdf

Pinion Adopts the MindBridge AI platform for time savings and deeper insights

About Pinion

Pinion is a leading accounting firm in food and agriculture consulting. Originally focused on tax and public
accounting, it now provides comprehensive advisory services in sustainability, government affairs, financial
management, and business strategy.

Serving diverse clients—from tractor manufacturers to logistics providers—Pinion is committed to supporting businesses that are vital
to feeding and clothing the world. With a client-centric approach and deep industry expertise, Pinion drives innovation and addresses
the evolving challenges faced by its clientele.

Situation

Recognizing the value technology can have on the increasing data volume
and complexity of financial oversight, Pinion was on a transformation journey
to optimize their processes while maintaining high-quality outcomes.

Originally adopting MindBridge for external auditing, Pinion now wanted to
leverage MindBridge’s AI-powered platform in other areas of their business
and gain even greater efficiencies and deeper insights to ultimately futureproof their business.

Challenge

When a prospective came to Pinion with a particularly
complex business case for a review engagement, the
team saw a prime opportunity to apply MindBridge’s
AI-powered risk intelligence platform to see if they
could gain improvements in efficiency and insights
over traditional manual review methods.

A new client was the ideal candidate for a pilot project, as there is always
additional time invested in onboarding them during the first year, and new
engagements can often bring up additional issues and struggles.

This client had worked with two other CPA firms in the past and had grown
frustrated with their lack of timelines and high interaction volume from those
firms. The Pinion team decided to invest time up front in setting this client
up on the MindBridge AI platform, hoping to save time on the back end of
the review, and with future engagements for the same client.

“I wanted to see if we
could optimize the review
engagement process—
reducing the total time
spent while still delivering
a high-quality outcome.”
— Jenn Tozlian, Principal
Pinion

Results

By integrating the MindBridge AI platform into
their review engagement process, the Pinion
team achieved remarkable results. Initially
expecting the engagement to require 180 to
200 hours, they managed to reduce the total
time spent to only 150 hours, translating to a
significant 20-25% reduction.

180-200 hrs
INITIAL EXPECTED
ENGAGEMENT
REDUCE THE TOTAL TIME
SPENT TO ONLY
150 hrs
TRANSLATING TO A
SIGNIFICANT
20-25%
reduction

In addition, the comprehensive data
analysis offered by MindBridge delivered
deeper insights into the client’s business,
evealing trends and operational details
that gave the Pinion team the information
they needed to ask more informed and
insightful questions, which led to a richer
and more productive discussions with
the client.

The client was extremely happy with
the review process, providing the team
with positive feedback on the team’s
efficiency and their thorough grasp of
the client’s business.

The staff who worked on this review
engagement were also pleased with
the results. The advanced capabilities
of the MindBridge platform allowed
them to navigate complex data more
effectively, and easily gain insights about
the client’s business directly from the
dashboard, building their confidence
and excitement for future projects.

“It was incredible to not only be
able to avoid any major issues
on this first-year engagement,
but to exceed expectations on
all fronts.”

The platform’s ability to handle
extensive data and streamline
workflows removed much of the manual
labor and guesswork, allowing the team
to focus on more fulfilling work.

Ultimately, the integration of MindBridge
into the review engagement process
achieved its goal of delivering a
high-quality service in less time and
at a reduced cost. The successful
implementation demonstrated the
platform’s value in optimizing both
operational efficiency and client
satisfaction, setting a positive
precedent for future engagements.

MindBridge AI elevates advancing
accounting and audit firms unlike
any other solution. By embracing
this powerful technology, Pinion has
cemented itself as a leader within
today’s modern accounting practices,
separating itself from old traditions, and
impressing clients in doing so.

Learn more

If you are looking for new ways of doing business and
leveraging technology to improve how you conduct
complex audits, reach out to the MindBridge team today.

Contact us at info@mindbridge.ai or book a demo.

“The client was extremely
complimentary about the
experience. They appreciated
how smooth the process was,
the timely delivery, and how
well-informed we were about
their business. I truly believe
that taking the time to set
them up with MindBridge and
dive into their needs made a
significant difference in the
outcome.” — Jenn Tozlian, Principal Pinion