Improve regulatory compliance
Report compliant financials, address issues, and prevent failed audits.
Adhere to FASB standards
Report accurate financials that adhere to FASB accounting standards like ASC 606 and CECL with a single source of truth for all transaction data in your business with revenue rules and automated reporting layered on top.
Apply revenue logic consistently, every time
Take complex revenue recognition out of spreadsheets and aggregates to apply consistent rules, every day for every transaction. Automate journal entry creation and posting to your GL.
Handle complex situations like chargebacks, stacked discounts, and SSP without a sweat.
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Sail through audits with confidence
Report and validate the transaction data and journal entries powering your financial reports for seamless audit with a real-time, accurate, centralized source of truth for all transactions.
The Leapfin Advantage
- Work more efficiently with a fully automated system that integrates with every Order to Cash system – PSPs, OMS, mobile apps, and billing systems – and automatically translates that into a finance data graph and a log of the entire transaction journey to track financial performance. Manage individual transactions, journal entries, and your subledger in one place.
- Automate manual accounting processes like journal entry and ledger entry creation with Leapfin using pre-built logic that layers on top of your transactions.
- Accelerate accounting timeframes with continuously reconciled numbers that enable you to close books more often than once a month to track financial performance more closely.
- Support strategic decision-making with continuous accounting and real-time data in a centralized platform your entire team can access.
Leapfin is flexible, easy, and allows us to refocus our engineering and accounting resources on activities that will bring the company value.