Accelerate revenue accounting and report numbers in real-time with a single source of truth for all transactions.
Automate revenue accounting — from transaction clean-up and consolidation to ledger creation — with one platform, Leapfin. Eliminate manual accounting by pushing millions of transactions, even during peak seasons, into Leapfin. Close books frequently, even daily, with Leapfin and focus your time on more strategic tasks.Close faster
Apply ASC-606 and IFRS-15 compliant revenue rules across transactions for consistent reporting that meets regulatory requirements. Drill into subledger revenue accounts to see the applied rules and check for compliance.
Report compliant numbers
Help auditors find the data they need quickly to speed up the audit process. Trace subledger entries back to the source data and drill into journal entries to view recognition schedules, accounting rules applied, and calculations.Accelerate audits
Segment disaggregated transaction data details by different dimensions like product, transaction type, and geography to uncover novel insights. Uncover trends like discount overuse or refund increase that give you the tools to partner with cross-functional teams on strategic improvements.
Stop painful integrations and ERP limitations when your transaction volumes rapidly increase. Leapfin’s flexible architecture can easily handle peak seasons without slowing down accounting processes like revenue recognition.
Storing transaction data across multiple systems or in a data warehouse causes data challenges that make it hard to account and report on data or uncover strategic insights. By consolidating and creating Universal Accounting Records from your data in Leapfin, you get unparalleled visibility into all transaction journey details and every step in the revenue accounting process.Learn more about our integrations
With Leapfin, We didn’t need to significantly increase headcount to account for our growth. Without growing the accounting team, we could double transactions, especially during peak seasons.
Ian Booler former VP of Finance, Altitude Sports