Armanino’s TrustExplorer
To modernize enterprise infrastructure and reduce operational friction, Armanino LLP – a top 20 U.S. accounting firm – partnered with Protofire. The result? A 45% drop in reconciliation errors, 60% faster compliance reporting, 30% IT cost savings for clients like Anka, and a 50% surge in platform engagement. Today, Armanino’s Dynamic Insights supports $4.2B+ in audited assets and over 1,500 enterprise clients, showing how blockchain-powered systems can redefine scalability, security, and reporting efficiency.
About the Project
Armanino is among Top 20 providers of audit, tax, business management, and consulting services in the USA. Operating in 100+ countries globally, the company serves such industries as information technology, manufacturing, logistics, education, real estate, healthcare, etc.
Through a series of strategy and assessment workshops conducted with the Armanino team, Protofire uncovered several systemic inefficiencies within their client-facing technology stack and operational workflows. This joint evaluation revealed recurring structural gaps - issues not uncommon across the broader consulting and audit industry - that were limiting scalability, transparency, and automation potential.
We identified several key bottlenecks:
- Fragmented Data Systems: Clients operated across disjointed legacy platforms, limiting access to real-time, consolidated insights.
- Process Vulnerabilities: Auditing and compliance workflows still relied heavily on manual steps, increasing the risk of human error and slowing down reporting cycles.
- Security Limitations: Centralized systems exposed sensitive financial and operational data to potential breaches and single points of failure.
- Scalability Constraints: As client demands grew, existing infrastructures struggled to support advanced analytics and automation at scale.
These insights shaped the foundation for a solution blueprint - one that would not only modernize Armanino’s own offerings but also deliver tangible value to its diverse client base.
Protofire partnered with Armanino to integrate blockchain technology and streamline its enterprise platforms:
- Decentralized Data Management:
- Implemented blockchain-based solutions to enhance data transparency and auditability for financial reporting and compliance.
- Dynamic Insights Integration:
- Enhanced Armanino’s Microsoft Dynamics 365 solution with Protofire-developed tools for real-time dashboards, GL analysis, and inventory tracking.
- Smart Contract Automation:
- Deployed automated workflows for auditing and tax processes, reducing manual intervention and errors.
- Scalable Infrastructure:
- Optimized Armanino’s cloud-based systems to support high-throughput data processing for clients like Anka, a nonprofit that achieved $18k/month savings through IT modernization.
Protofire’s contributions drove measurable and verifiable impact across financial, operational, and adoption metrics:
- Cost Efficiency: Clients like Anka achieved monthly IT savings of $18,000, translating into a 30% reduction in infrastructure and maintenance costs. Over 12 months, this equates to $216,000 in direct savings.
- Data Accuracy: Blockchain-based audit trails led to a 45% drop in reconciliation errors across pilot clients, from an average of 220 discrepancies/month to just over 120, significantly enhancing audit reliability and reducing manual correction hours.
- Client Adoption: Post-integration of Protofire enhancements, Armanino’s Dynamic Insights platform grew from ~1,000 to over 1,500 active enterprise clients. User engagement rose by 50%, with dashboard usage sessions increasing from 40,000/month to over 60,000/month.
- Operational Speed: Automated workflows for auditing and compliance reduced average reporting time from 5 business days to 2, a 60% improvement. For some clients, monthly reporting cycles were shortened by over 24 hours, freeing up internal resources and improving responsiveness.
These outcomes demonstrate how Protofire’s blockchain and infrastructure expertise enabled Armanino to deliver more secure, efficient, and scalable solutions, bridging the gap between legacy enterprise systems and modern digital expectations.
Adopting Protofire-enhanced solutions provided key advantages:
- Enhanced Transparency:
- Blockchain-powered audits provided immutable records, building trust with stakeholders.
- Real-Time Analytics:
- Dynamic Insights dashboards enabled data-driven decisions for finance, sales, and inventory management.
- Scalability:
- Cloud and blockchain integration supported seamless scaling for enterprises and nonprofits alike.
- Security:
- Decentralized systems minimize the risks of data breaches and manipulation.
Armanino LLP is a top 20 U.S. accounting and consulting firm renowned for integrating technology into traditional services. Its offerings include audit, tax, business management, and tech solutions like Dynamic Insights for Microsoft Dynamics 365, which provides real-time financial and operational analytics.