---
title: Automating monthly-close | Leapfin
description: Leapfin’s AI-powered revenue recognition & reconciliation solution streamlines month-end close by transforming operational data into accounting-ready data
image: https://www.leapfin.com/hubfs/preview-card-22FEB2024.png
---

Joining Airwallex: Leapfin's Exciting Next Chapter 

[ Read the Announcement ](https://www.leapfin.com/blog/leapfins-next-chapter-joining-airwallex)

# Streamline **month-end close**

Streamline every close by automatically aggregating and preparing operational data for faster review and reconciliation.

[ See How It Works ](https://www.leapfin.com/show-me-how)

## **AI-powered** revenue recognition and reconciliation with Leapfin

Growing companies constantly change, and that makes month-end close harder every month. Operational data is scattered and often incomplete. Scaling data volume pushes spreadsheets past their limits. Packaging and pricing experiments impact how revenue gets accounted for. Compliance requirements and scrutiny increase. Leapfin automatically consolidates and prepares your operational data to empower your team with complete revenue results anytime, not just at the end of the month. 

## **Benefits** of Leapfin for **month-end close**

### Turn fragmented operational data into accounting-ready data automatically

Reduce the number of steps to close the books by accessing accounting-ready revenue data that has been automatically consolidated and transformed in real-time.

### Drill into any transaction for details and links

Check for revenue data completeness and accuracy, and see the complete order-to-cash journey and all accounting treatments applied, all in a single system that eliminates the manual work of preparing your operational data for month-end close.

### Scale finance operations as the business grows

As month-end close gets harder with more systems, larger volumes of transactions, billing and payment complexity, or changes that come with business growth, Leapfin is purpose-built to scale with you.

![ui-still_control-1](https://www.leapfin.com/hubfs/ui-still_control-1.png)

![ui-still_control-2](https://www.leapfin.com/hubfs/ui-still_control-2.png)

![ui-still_control-3](https://www.leapfin.com/hubfs/ui-still_control-3.png)

## Empowering **Finance and Accounting** teams to account for and **report on revenue at scale**

Unification

### 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.

[ Unify your data ](https://www.leapfin.com/unify) [ See integrations ](https://www.leapfin.com/integrations)

Transformation

### 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.

[ Transform your data ](https://www.leapfin.com/transform-data)

Control

### 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. 

[ Control your data ](https://www.leapfin.com/control)

Traceability

### 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.

[ Trace your data ](https://www.leapfin.com/trace)

Exploration

### 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.

[ Explore your data ](https://www.leapfin.com/explore)

Delivery

### 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.

[ Deliver your data ](https://www.leapfin.com/deliver)

## **Resources** for revenue accounting & payment reconciliation

[![](https://www.leapfin.com/hs-fs/hubfs/featured-image_budgeting-for-2025_09APR25.png?width=400&name=featured-image_budgeting-for-2025_09APR25.png)

### Budget for Better Accounting with Help Scout CFO Shawna Fisher

Get tips to influence your 2025 budget and hear the impact Leapfin had on modernizing Help Scout's finance tech stack and accounting data.

Read More

](https://www.leapfin.com/webinars/budget-for-2025-with-help-scout-cfo)

[![](https://www.leapfin.com/hs-fs/hubfs/ai%20in%20accounting.png?width=400&name=ai%20in%20accounting.png)

### AI for Accounting: What It Actually Looks Like in Practice

Finance leaders, systems experts, and AI builders share how AI is already reshaping reconciliation, audit prep, technical research, and more

Read More

](https://www.leapfin.com/blog/ai-for-accounting-what-it-actually-looks-like-in-practice)

[![](https://www.leapfin.com/hs-fs/hubfs/blog.png?width=400&name=blog.png)

### What's Holding Back Your Automation Strategy? Real Talk From Controllers

Tips from Controllers on how to launch your accounting automation strategy | where to start, how to resource it, and what success can look like | Leapfin

Read More

](https://www.leapfin.com/blog/whats-holding-back-your-automation-strategy-hear-from-controllers-in-the-trenches)

## **Real-world examples** of improving reconciliation and accounting efficiency

- ![headshot_alicia-arntson](https://www.leapfin.com/hs-fs/hubfs/headshot_alicia-arntson.png?width=1104&height=1104&name=headshot_alicia-arntson.png)
  
  
  
  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 
  
  ![logo_eightsleep-1](https://www.leapfin.com/hubfs/logo_eightsleep-1.svg)
  
  [ Read Eight Sleep's Story ](https://www.leapfin.com/story/eight-sleep)
- ![headshot_brian-cheung](https://www.leapfin.com/hs-fs/hubfs/headshot_brian-cheung.jpg?width=849&height=849&name=headshot_brian-cheung.jpg)
  
  
  
  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 
  
  ![logo_goodrx](https://www.leapfin.com/hubfs/logo_goodrx.svg)
  
  [ Read GoodRx's Story ](https://www.leapfin.com/story/goodrx)
- ![headshot_rebecca-wang](https://www.leapfin.com/hs-fs/hubfs/headshot_rebecca-wang.png?width=400&height=400&name=headshot_rebecca-wang.png)
  
  
  
  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 
  
  ![logo_guideline](https://www.leapfin.com/hubfs/logo_guideline.svg)
  
  [ Read Guideline's Story ](https://www.leapfin.com/story/guideline)
- ![headshot_rodrigo-brumana](https://www.leapfin.com/hs-fs/hubfs/headshot_rodrigo-brumana.jpeg?width=450&height=450&name=headshot_rodrigo-brumana.jpeg)
  
  
  
  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 
  
  ![logo_poshmark](https://www.leapfin.com/hubfs/logo_poshmark.svg)
  
  [ Watch Rodrigo's Keynote ](https://transform.leapfin.com/2025)
- ![lindsay-remigio](https://www.leapfin.com/hs-fs/hubfs/lindsay-remigio.jpeg?width=800&height=800&name=lindsay-remigio.jpeg)
  
  
  
  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 
  
  ![logo_reddit](https://www.leapfin.com/hubfs/logo_reddit.svg)
  
  [ Read Reddit's Story ](https://www.leapfin.com/story/reddit)
- ![headshot_melissa-tuttle](https://www.leapfin.com/hs-fs/hubfs/headshot_melissa-tuttle.jpeg?width=277&height=277&name=headshot_melissa-tuttle.jpeg)
  
  
  
  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 
  
  ![logo_outside](https://www.leapfin.com/hubfs/logo_outside.svg)
  
  [ Read Outside Interactive's Story ](https://www.leapfin.com/story/outside-interactive)
- ![Melissa Lee](https://www.leapfin.com/hs-fs/hubfs/melissa-lee.png?width=500&height=544&name=melissa-lee.png)
  
  
  
  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 
  
  ![logo_canva](https://www.leapfin.com/hubfs/logo_canva.svg)
  
  [ Read Canva's Story ](https://www.leapfin.com/story/canva)
- ![ian-booler](https://www.leapfin.com/hs-fs/hubfs/ian-booler.jpeg?width=150&height=150&name=ian-booler.jpeg)
  
  
  
  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 
  
  ![logo_altitude-sports](https://www.leapfin.com/hubfs/logo_altitude-sports.svg)
  
  [ Read Altitude Sports' Story ](https://www.leapfin.com/story/altitude-sports)
- ![minnie-luo](https://www.leapfin.com/hs-fs/hubfs/minnie-luo.jpeg?width=206&height=206&name=minnie-luo.jpeg)
  
  
  
  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 
  
  ![logo_top-hat](https://www.leapfin.com/hubfs/logo_top-hat.svg)
  
  [ Read Top Hat's Story ](https://www.leapfin.com/story/top-hat)
- ![damien-singh](https://www.leapfin.com/hs-fs/hubfs/Canva%20images/damien-singh.jpeg?width=800&height=800&name=damien-singh.jpeg)
  
  
  
  If you’re a high complexity high transaction volume business, Leapfin is a no brainer.
  
  Damien Singh CFO, Canva 
  
  ![logo_canva](https://www.leapfin.com/hubfs/logo_canva.svg)
  
  [ Read Canva's Story ](https://www.leapfin.com/story/canva)
- ![headshot_joe-blanchett_large](https://www.leapfin.com/hs-fs/hubfs/headshot_joe-blanchett_large.png?width=448&height=448&name=headshot_joe-blanchett_large.png)
  
  
  
  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 
  
  ![logo_seat-geek](https://www.leapfin.com/hubfs/logo_seat-geek.svg)
  
  [ Watch Joe's Testimonial ](https://www.leapfin.com/videos/how-seatgeek-converts-stripe-data-into-journal-entries)
- ![Jason Grenier Altitude Sports](https://www.leapfin.com/hs-fs/hubfs/Jason%20Grenier%20Altitude%20Sports.jpeg?width=200&height=200&name=Jason%20Grenier%20Altitude%20Sports.jpeg)
  
  
  
  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 
  
  ![logo_altitude-sports](https://www.leapfin.com/hubfs/logo_altitude-sports.svg)
  
  [ Read Altitude Sports' Story ](https://www.leapfin.com/story/altitude-sports)

[ Read Customer Stories ](https://www.leapfin.com/customers)

## FAQs

### How does Leapfin help improve the month-end close process?

Leapfin automates the transformation of raw operational data into accounting-ready revenue data in real time. This reduces manual work, ensures accuracy, and speeds up reconciliation. Finance teams can access complete, auditable revenue insights anytime – not just at month-end – making close faster, smoother, and scalable as the business grows.

### What is automated revenue recognition and how can it help with month-end close?

Automated revenue recognition helps Accounting teams streamline the month-end close by transforming raw operational data into compliant, accounting-ready revenue data in real time – eliminating manual work and reducing close time.

### Why is AI important for revenue recognition software?

AI capabilities in revenue recognition software enable users to quickly and easily adapt to changes in the business – like new or updated pricing and packaging, new compliance requirements, or new products. AI also helps with data exploration, so that finance and accounting professionals can run detailed reports or analysis themselves without having to learn SQL to build queries or rely on engineering or BI teams or external consultants.

### Can Leapfin replace spreadsheets for month-end close?

Yes. With real-time data transformation and a centralized system of record, Leapfin eliminates the need for manual spreadsheet work traditionally required to close the books. Users no longer have to run reports, consolidate data in spreadsheets, normalize that data, then prepare it for the GL – that all happens automatically in Leapfin.

### When should a company invest in automating month-end close?

Some signs that your manual accounting process has become problematic include: lengthy audit cycles, team burnout, frequent Excel delays or crashes due to maxed out spreadsheets, cross-functional friction (e.g. requiring too much support from engineering, BI, or other data teams), inability to answer revenue performance questions from internal stakeholders or investors. It’s also recommended to consider automating processes like month-end close when entering into diligence processes, like anticipating or preparing for an acquisition, IPO, or related event. When considering all the steps it takes to close the books, a practical approach to automating would be to focus on the most impactful problems – where there would be significant gain in time, efficiency, accuracy, scalability – and focusing effort on solving those first. Many teams realize the first, most important problem is fixing their data to ensure it’s complete, accurate, and accessible through a single system like Leapfin.

### See how Leapfin can help streamline your month-end close process

[ Get a Personalized Demo Today ](https://www.leapfin.com/get-a-demo)

Leapfin is the trusted AI infrastructure that powers your entire record-to-report process at scale. Leapfin helps companies accurately account for and report on revenue by standardizing large volumes of siloed, inconsistent operational data into usable, GAAP-ready financials and automating manual accounting tasks. 

![SOC Compliance Badge](https://www.leapfin.com/hubfs/logos%20-%20external/badge_SOC.svg)

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