How PEXA Transformed Reporting Efficiency and Data Integrity with Tangelo
PEXA, a listed proptech company and world leader in digital property settlements, manages more than 15 million transactions through its PEXA Exchange in Australia. As a public company on the ASX, PEXA must produce frequent, accurate, and timely corporate reports. However, manual processes, version confusion, and outdated data plagued their reporting. By adopting Tangelo, PEXA modernized its reporting workflow, improving efficiency by more than 25% and dramatically increasing confidence in report accuracy. Here’s how they achieved it.
The Challenge
Before Tangelo, PEXA’s corporate reporting process was slowed down by fragmented systems and outdated tools. “We encountered several hurdles—stale information, cumbersome version control, and inconsistent data,” explains Grant Lingwood-Smith, Group Financial Controller. These inefficiencies didn’t just cost time—they also undermined trust in the numbers, requiring multiple rounds of review and revision. As reporting demands grew with PEXA’s public listing, it became clear their existing tools couldn’t scale or ensure accuracy. A modern, centralized solution was essential.
The Solution
PEXA discovered Tangelo through a trusted referral. “Our decision to move forward with Tangelo was influenced by someone who had used it at their previous employment,” Grant recalls. Tangelo’s demos quickly demonstrated its potential to streamline reporting. Implementation was smooth, aided by tailored training that addressed PEXA’s specific needs. “We appreciated the real-time answers and immediate solutions,” says Grant. Dedicated support from a Client Manager and responsive helpdesk ensured the transition went off without a hitch. Most importantly, Tangelo created a central source of truth—one version of data across all reports.
The Results
The impact of Tangelo was immediate. Reports became dynamic, always up to date, and backed by robust version control. “Now, any amendments in the system are automatically updated across all reports, ensuring accuracy and saving valuable time,” Grant shares. Tangelo’s granular controls over edits improved data integrity and eliminated version mix-ups. “We’ve drastically reduced manual interventions and cut reporting time by more than 25%,” Grant confirms. PEXA now produces consistent, audit-ready reports with fewer resources, giving the finance team more time to focus on value-adding tasks.
Tangelo has completely transformed our reporting process. With real-time updates, seamless version control, and enhanced data integrity, we’ve significantly reduced manual work and increased confidence in our reports. The time savings—over 25%—have been a game-changer for us. For any organization facing reporting challenges, Tangelo is a must-have.— Grant Lingwood-Smith, Group Financial Controller at PEXA
Lessons Learned & Best Practices
For PEXA, Tangelo was more than just a platform—it was a catalyst for modernising their entire approach to corporate reporting. The team learned that investing in the right tool can unlock operational efficiencies far beyond simple time savings. Grant recommends other organisations struggling with fragmented reporting processes to “look closely at the long-term gains from automation and standardisation.” PEXA now plans to extend Tangelo’s use beyond financial reporting into broader stakeholder communications.
Curious how Tangelo can streamline your reporting and boost accuracy?
