Streamline every close by automatically aggregating and preparing operational data for faster review and reconciliation.
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.
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.
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.
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.
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.
Leapfin is AI-powered revenue recognition and reconciliation software that 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.