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11 questions to ask before you evaluate accounting automation

If your answer is "yes" to many of the questions below, Leapfin may be able to take this work off your plate with the help of automated revenue accounting. Book a 15-minute consultation with our revenue accounting experts to see if automation is right for your team.

Does your company have aggressive growth goals in the coming years? (e.g. scaling your startup, going public, etc.)

Are the demands on your accounting team high? Is there pressure to close books faster or provide a view into revenues more frequently than month-end?

Are you aggregating data manually from multiple payment service providers, like Stripe, Apple Pay, Google Pay, and others?

Are you relying on consultants to help you make sense of your data month-to-month or to integrate it to make work less manual?

Is your team spending a lot of time in Excel and are they getting burnt out?

Are you struggling to hire accounting talent quickly enough to keep up with company growth?

Are you beholden to new regulatory requirements resulting in more scrutiny from regulators and auditors?

Are other areas of your business, such as Product, Legal, Sales, and/or Marketing, looking for tools to help them automate their work and get data they need more immediately?

Is your team consumed by highly repetitive, manual, or low-level tasks?

Are error rates high in your reporting and are they impacting your audits?

Could automation have a high impact on your business and accounting team?

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This isn’t just about automation. It’s about giving our team a system we trust, and the time and space to focus on higher-value work. I’m such a fan. I can’t say enough good things about Leapfin. It has been a huge win for us.

Alicia Arntson, CPA VP, Controller, Eight Sleep
I finally feel like I can fully support the numbers I’m posting to NetSuite every month. If someone asks, I don’t need to explain assumptions – I just pull the report in Leapfin.

Brian Cheung Sr. Manager, Accounting, GoodRx
Leapfin is like our digital glue. It connects all of our financial data sources together so our team isn’t spending time manually tying everything out.

Rebecca Wang VP Finance Corporate Controller, Guideline
With Leapfin, we are faster, we are more accurate, and we are drama-free. It's transformed our close process. No surprises, no last-minute scrambles. Everything just runs smoothly.

Rodrigo Brumana CFO, Poshmark
The feed from Leapfin to NetSuite works seamlessly. It's something that we don't have to worry about anymore.

Lindsay Remigio Sr. Manager, Revenue Accounting, Reddit
The consolidated view of our revenue in Leapfin is fantastic. In literally one click we can easily see change month to month. And, because every single transaction is right there, we can dig into details for any explanation we may need.

Melissa Tuttle Director of Accounting Systems, Outside
Leapfin helped parse out and make sense of the data that already existed. Simple searches in Leapfin make it easy to track things like refunds, revenue stream trends, and month-to-month movements. Without reporting bottlenecks, Canva is no longer vulnerable to surprises at month-end.

Melissa Lee Corporate Controller, Canva
With Leapfin, we didn’t need to increase headcount significantly to account for our growth. We were able to double transactions, especially during peak seasons, without growing the accounting team.

Ian Booler VP of Finance, Altitude Sports
Before Leapfin, our reporting processes relied heavily on Excel, and close took up to 90 days. Now, we can close in just 5 days because Leapfin automates our entire data process and revenue reporting so that we can report accurate, validated financials at the end of the month.

Minnie Luo CPA, Director of Revenue Operations, Top Hat
If you’re a high complexity high transaction volume business, Leapfin is a no brainer.

Damien Singh CFO, Canva
Leapfin has completely transformed our month-end close process, eliminating 4 days of manual work, with its ability to handle hundreds of millions of transactions and transform them into a subledger.

Joe Blanchett Director, Business Systems, SeatGeek
The consistency and quality of data we get with Leapfin is excellent. The reduction in our month-end close time has freed up our team to focus on meaningful analysis, driving better business decisions.

Jason Grenier CFO, Altitude Sports

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