Revenue Recognition and Reconciliation Software

Leapfin automates your revenue recognition and reconciliation process by consolidating and transforming revenue transaction data into reliable, balanced journal entries, helping Finance and Accounting teams accelerate month-end close and unlock vital financial information.

Transform revenue reporting with accounting automation

Consolidate revenue data into a single accounting-ready system

  • Streamline journal entry creation

    Remove the manual spreadsheet work of translating raw data from PSPs and other systems into accounting-ready data. 

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  • Reconcile revenue faster

    Deliver complete and accurate reports faster with consolidated revenue, refund, credit, and dispute data in a single system.

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  • Data exploration with AI

    Use natural language with Luca to easily explore revenue data to reconcile, investigate anomalies, and generate reports.

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  • Orchestrate workflows with AI

    Build automated accounting workflows for any scenario in minutes using natural language prompts with Luca’s agentic AI.

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  • Adhere to compliance requirements

    Track and demonstrate compliance with standards like GAAP, SOX, and ASC 606 through automated rules-based management.

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  • Inspect and analyze detailed revenue data

    Drill into any transaction line item to easily understand trends and anomalies, or provide supporting data to auditors.

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Leapfin AI-powered workflows automate rev rec and reconciliation

Automatically ingest data from multiple sources

Instead of relying on spreadsheets to manually merge revenue data from multiple systems - like PSPs, billing systems, data warehouses, etc - data is automatically ingested into Leapfin in real-time.

Raw data automatically prepared for accounting

Access a single, organized system ready for reconciliation, journal entry preparation and reporting, so you can avoid the painstaking work of formatting inconsistent data from multiple sources.

Anytime access to your most valuable data

Empower your team with the ability to review, reconcile, post, and analyze your revenue data whenever you need to, without the burden of relying on other teams to fulfill data or report requests. 

Track and link every type of revenue transaction

Gain full visibility into the entire order-to-cash process with details on every type of transaction, from every source of data, in one system, ready for internal review and even auditors.

Streamline revenue reconciliation and reporting

Drill into all of the details of your revenue transactions, and the links between them, with the help of the connected accounting map, standard reporting, and Luca’s AI-powered data exploration.

Share reliable revenue data across your business

Revenue reporting is faster and easier than ever when all of your disparate transaction details are consolidated into a single system and transformed into clean, reliable data ready to be shared.

Accounting automation overview

Leapfin is automated revenue recognition and reconciliation software that gives Finance and Accounting teams total clarity and control. At its core is a powerful data engine that unifies and transforms all your fragmented transaction data into a single, trusted source of truth that scales with your business. That’s why high-growth brands rely on Leapfin for seamless close, airtight compliance, and actionable revenue data.

Business critical connection in the modern finance tech stack

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FAQs

AI-powered revenue recognition means applying machine intelligence to automate complex rev rec logic at scale. Instead of manually mapping products to rules or wrangling spreadsheets, Leapfin uses AI to identify patterns, apply rules consistently, flag exceptions, and improve accuracy so Finance teams can focus on strategy, not spreadsheets.

Yes, Leapfin helps automate reconciliation across payments, billings, and revenue. It ingests transactional data from multiple systems, unifies it into a consistent format, and maps everything back to your GL. Leapfin’s native AI agent enables users with an easy way to explore and resolve anomalies using natural language prompts. That means faster, more accurate payment reconciliation and a real-time view of what’s been billed, paid, and recognized. 

Key features for automated revenue recognition software include automation workflows that are accessible and configurable, processes that are compliant and auditable, access to real-time reports, native integrations with key systems, and native AI agents that help businesses scale their finance operations. 

AI automates revenue reconciliation and recognition by matching transactions across systems, identifying discrepancies instantly, and applying business requirement rules - like ASC 606 - accurately. Tools like Leapfin offer a native AI agent that enables users with the ability to explore, analyze, and report on revenue data, build automation workflows, and document processes using natural language prompts.

Most Leapfin customers will take four to six weeks to complete implementation. It consists of a few phases: goal alignment, integration set-up, set-up standard accounting workflows, set-up of advanced workflows, validation and guided close. Customers that have unique and complex requirements sometimes result in a longer implementation timeframe, however the average customer derives value in a few weeks. With the adoption of Luca - Leapin’s native AI agent - implementation is getting increasingly easier and is rapidly accelerating, reducing implementation time down to days.

Real-world examples of improving revenue reporting and efficiency

See how Leapfin can automate your revenue recognition and reconciliation processes.