icon_revenue-recognition

Fast-track your path to IPO success

Start your IPO-readiness process on the right foot with accurate, compliant financials in Leapfin.

Summary-2

Start on the right foot with investors with accurate financials

Report accurate numbers by centralizing the revenue accounting in Leapfin. Unify and standardize raw transaction data across multiple systems to ensure the data feeding your financials is accurate and complete. Automate revenue recognition and subledger creation in Leapfin to avoid manual errors and misstatements. Present investors with an accurate view of your business.

Transaction-Journal-Entries-Tab

Correct errors in financials to avoid misstatement

Restating historical revenues doesn’t have to be a manual ordeal. Process historical transactions in Leapfin to automatically recognize past revenues and create an updated subledger that corrects past accounting errors. Avoid misstatements and paint an accurate picture of your historical performance.

screenshot_accounting-rules

Transition to GAAP and SOX compliance with ease

Staying on top of IPO requirements already puts enough stress on your Accounting team. Automate your transition to GAAP and SOX compliance with pre-built revenue rules in Leapfin consistently applied across all accounting records, even historical data. Let Leapfin button up your financials so you can focus on the strategic side of your IPO.

screenshot_journal-entry

Conduct seamless audits

Streamline your IPO audit process with accurate, verifiable, compliant financials in Leapfin. Centralize your entire revenue accounting process in Leapfin for unmatched transparency and documentation of every turn of the revenue data. Drill into subledger records to view source data, the calculations involved in recognition, and the accounting rules applied. Power your audit process with Leapfin to answer auditor questions faster so you can focus on the next thing.

screenshot_detailed-view

Forecast future performance with unbeatable precision.

Creating pro-forma forecasts using last month’s data in rapidly evolving public markets can put your business at a disadvantage. Power future predictions with real-time, complete, accurate, disaggregated transaction data in Leapfin. Plan for the future and inspire investors with today’s revenue data at the ready.

Summary

Increase visibility with financial system consolidation

Centralize accounting in Leapfin to streamline close, increase transparency, and achieve data accuracy. Leapfin provides one view of a transaction’s journey across all transactions, journal entries, and subledger providing new insights into activities that boost and drain revenues.

screenshot_source-to-target-map

Streamline accounting processes and accelerate close

Empower your accounting team with one system to do it all automatically  – Leapfin – from consolidating transaction data to creating a subledger. Align across teams on the correct revenue data with a single source of truth. Automate manual accounting tasks to help accountants focus more on strategy.

illustration_fx-updating

Proven results, essential to your bottom line

icon_revenue-recognition

Unparalleled accuracy

Report accurate, auditable revenue numbers every time with an automated, end-to-end revenue accounting platform.

icon_revenue-recognition

Full transaction insight

View every turn of every transaction across multiple systems in one place for a clear view into the transaction journey and adjustments along the way. See updated transaction data and the data process, in real-time.
icon_revenue-recognition

Audit-ready and traceable

Drill into subledger accounts to the source data – journal entries, revenue rules, transactions, and source systems.

icon_revenue-recognition

Transaction agnostic

Integrate any transaction type or format from any and all systems and unify them into a unified, consistent, reportable format – the Universal Accounting Record.

icon_revenue-recognition

Built-in support

We personalize onboarding to your needs, market, and regulatory requirements, getting you up and running, fast. After launch, we’ll stay with you every step of the way with product trainings, ongoing support, and a dedicated specialist.

icon_revenue-recognition

Secure and reliable

Trust the data and the systems behind it. Leapfin is compliant with SOC 1 & SOC 2 Type 1 standards and operates at 99% uptime. Lock transactions to the period in which they occur to accurately reflect adjustments without fear of overwritten or lost data.

  • 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 Senior Product Manager of Finance Systems, SeatGeek

Prepare for peak season revenue accounting today