Streamline month-end close

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

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.

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

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.

Real-world examples of improving reconciliation and accounting efficiency

  • headshot_brian-cheung
    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
  • headshot_rebecca-wang
    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
  • headshot_rodrigo-brumana
    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
  • lindsay-remigio
    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
  • headshot_melissa-tuttle
    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
  • Melissa Lee
    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
  • ian-booler
    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
  • minnie-luo
    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
  • damien-singh
    If you’re a high complexity high transaction volume business, Leapfin is a no brainer.
    Damien Singh CFO, Canva
  • headshot_joe-blanchett_large
    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
  • Jason Grenier Altitude Sports
    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

FAQs

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.

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.

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.

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.

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