Transaction-Level Reconciliation
Automatically reconcile every transaction at scale.
Reconcile every transaction across your siloed systems
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Precise accounting for fees, disputes/chargebacks, and taxes
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Proactively monitor revenue leakage
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Accurately predict cash flow and real-time visibility into deposit-in-transit
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Prevent and detect fraud
Automatically generate journal entries for the entire transaction journey from order-to-cash
- Invoice issued
- Payment charged & dunning
- Processor fee deducted
- Cash settled
- Refunds & disputes
Lock historical periods so if a refund, dispute, or other adjustment hits a prior period, it is rolled forward into the most current open period.
Drill down into your summary order-to-cash journal entries
- Transaction-level journal entries summarized into monthly journal entries that align with your general ledger chart of accounts.
- Cut and slice your schedules based on any underlying data (e.g. membership type, region, subsidiary, or product) for better analysis.
- Easily export Leapfin’s out-of-the-box reports or customize your own.
Manage multi-currency with ease
- Easily convert currency amounts and track FX gains & losses on Leapfin to ensure you are booking the most accurate journal entries at month-end
Track every change to every transaction
- From schedule to data changes, see the account / amount / date that was impacted.
- If internal data gets overwritten, check Leapfin’s History details to find out what happened.
Trust in our security and auditability
- Have confidence in the security of Leapfin as we leverage industry standard security solutions and best practices. Leapfin is SOC 1 Type 1 & 2 and SOC 2 Type 1 Compliant.
Leapfin helped us reduce month-end close by at least 2 days by automating our cash reconciliation process.