--- title: Regulatory & Compliance | Leapfin description: Increase confidence in your numbers by automating compliant accounting. image: https://www.leapfin.com/hubfs/preview-card-22FEB2024.png --- Joining Airwallex: Leapfin's Exciting Next Chapter [ Read the Announcement ](https://www.leapfin.com/blog/leapfins-next-chapter-joining-airwallex) ![icon_revenue-recognition](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) # Adhere to **Regulations** With Ease Increase confidence in your numbers by automating compliant accounting. [ Get a Demo ](https://www.leapfin.com/get-a-demo) [ Product Tour ](https://www.leapfin.com/on-demand-product-tour/recording) ![Summary-2](https://www.leapfin.com/hs-fs/hubfs/Summary-2.png?width=1440&height=1024&name=Summary-2.png) ## Report accurate, compliant financials Limit data handoffs and manual intervention that can expose your financial data to compliance risk and potential errors. Centralize transactions in Leapfin, automating revenue rules, recognition, and subledger creation for accurate, compliant, and verifiable numbers. Adhere to regulations without opening up a spreadsheet.   [ Automate revenue accounting ](https://www.leapfin.com/product/automated-revenue-recognition) ![Transaction-Journal-Entries-Tab](https://www.leapfin.com/hs-fs/hubfs/Transaction-Journal-Entries-Tab.png?width=1440&height=1024&name=Transaction-Journal-Entries-Tab.png) ## Minimize risk with compliant revenue rules Automate revenue recognition in Leapfin to minimize the risk of misstatements. Create and apply consistent ASC-606 and IFRS-15 compliant revenue rules across all transaction records for accurate, compliant, and consistent accounting. Trace subledger accounts to source data and view documentation of intermediary steps. Stay compliant and audit-ready at all times. ![recurring-journal-entry](https://www.leapfin.com/hs-fs/hubfs/recurring-journal-entry.png?width=1022&height=914&name=recurring-journal-entry.png) ## Streamline audits with traceable, transparent financials and rules Conduct efficient audits with accurate, compliant, traceable financials in Leapfin. View compliance rules applied to each record and drill into subledger accounts to view detailed documentation of every step of the accounting process. With Leapfin, audits are headache and stress-free for you and your auditors. [ Prepare for your next audit ](https://www.leapfin.com/solutions/audit) ![screenshot_details](https://www.leapfin.com/hs-fs/hubfs/screenshot_details.png?width=828&height=556&name=screenshot_details.png) ## Enhance visibility with consolidated, standardized data and process Keep your entire revenue accounting process in one place to minimize room for error. Maintain tight control and compliance across records and processes by consolidating and standardizing your raw transaction data and automating the downstream revenue recognition in Leapfin. Enhance data visibility and access with one system of record – Leapfin – to operate efficiently and compliantly. [ Standardize your data ](https://www.leapfin.com/product/universal-accounting-record) ![screenshot_detailed-transactions-for](https://www.leapfin.com/hs-fs/hubfs/screenshot_detailed-transactions-for.png?width=1352&height=962&name=screenshot_detailed-transactions-for.png) ## Respond quickly to changing regulations as you scale With scale come greater compliance responsibilities. Quickly adapt or update accounting records, even millions of them, to stay compliant with new regulations in Leapfin by creating new revenue rules that you can apply to your data with a few clicks. Evolve as quickly as your business without slowing down for manual rework. ![screenshot_accounting-rules](https://www.leapfin.com/hs-fs/hubfs/screenshot_accounting-rules.png?width=2000&name=screenshot_accounting-rules.png) ## What makes Leapfin different? ![icon_revenue-recognition](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) ### Unparalleled accuracy Report accurate, auditable revenue numbers every time with an automated, end-to-end revenue accounting platform. ![icon_revenue-recognition](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) ### 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](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) ### Audit-ready and traceable Drill into subledger accounts to the source data – journal entries, revenue rules, transactions, and source systems. ![icon_revenue-recognition](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) ### 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](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) ### 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](https://www.leapfin.com/hubfs/icons/icon_revenue-recognition.svg) ### 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. - ![headshot_alicia-arntson](https://www.leapfin.com/hs-fs/hubfs/headshot_alicia-arntson.png?width=1104&height=1104&name=headshot_alicia-arntson.png) This isn’t just about automation. It’s about giving our team a system we trust, and the time and space to focus on higher-value work. I’m such a fan. I can’t say enough good things about Leapfin. It has been a huge win for us. Alicia Arntson, CPA VP, Controller, Eight Sleep ![logo_eightsleep-1](https://www.leapfin.com/hubfs/logo_eightsleep-1.svg) [ Read Eight Sleep's Story ](https://www.leapfin.com/story/eight-sleep) - ![headshot_brian-cheung](https://www.leapfin.com/hs-fs/hubfs/headshot_brian-cheung.jpg?width=849&height=849&name=headshot_brian-cheung.jpg) 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 ![logo_goodrx](https://www.leapfin.com/hubfs/logo_goodrx.svg) [ Read GoodRx's Story ](https://www.leapfin.com/story/goodrx) - ![headshot_rebecca-wang](https://www.leapfin.com/hs-fs/hubfs/headshot_rebecca-wang.png?width=400&height=400&name=headshot_rebecca-wang.png) 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 ![logo_guideline](https://www.leapfin.com/hubfs/logo_guideline.svg) [ Read Guideline's Story ](https://www.leapfin.com/story/guideline) - ![headshot_rodrigo-brumana](https://www.leapfin.com/hs-fs/hubfs/headshot_rodrigo-brumana.jpeg?width=450&height=450&name=headshot_rodrigo-brumana.jpeg) 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 ![logo_poshmark](https://www.leapfin.com/hubfs/logo_poshmark.svg) [ Watch Rodrigo's Keynote ](https://transform.leapfin.com/2025) - ![lindsay-remigio](https://www.leapfin.com/hs-fs/hubfs/lindsay-remigio.jpeg?width=800&height=800&name=lindsay-remigio.jpeg) 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 ![logo_reddit](https://www.leapfin.com/hubfs/logo_reddit.svg) [ Read Reddit's Story ](https://www.leapfin.com/story/reddit) - ![headshot_melissa-tuttle](https://www.leapfin.com/hs-fs/hubfs/headshot_melissa-tuttle.jpeg?width=277&height=277&name=headshot_melissa-tuttle.jpeg) 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 ![logo_outside](https://www.leapfin.com/hubfs/logo_outside.svg) [ Read Outside Interactive's Story ](https://www.leapfin.com/story/outside-interactive) - ![Melissa Lee](https://www.leapfin.com/hs-fs/hubfs/melissa-lee.png?width=500&height=544&name=melissa-lee.png) 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 ![logo_canva](https://www.leapfin.com/hubfs/logo_canva.svg) [ Read Canva's Story ](https://www.leapfin.com/story/canva) - ![ian-booler](https://www.leapfin.com/hs-fs/hubfs/ian-booler.jpeg?width=150&height=150&name=ian-booler.jpeg) 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 ![logo_altitude-sports](https://www.leapfin.com/hubfs/logo_altitude-sports.svg) [ Read Altitude Sports' Story ](https://www.leapfin.com/story/altitude-sports) - ![minnie-luo](https://www.leapfin.com/hs-fs/hubfs/minnie-luo.jpeg?width=206&height=206&name=minnie-luo.jpeg) 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 ![logo_top-hat](https://www.leapfin.com/hubfs/logo_top-hat.svg) [ Read Top Hat's Story ](https://www.leapfin.com/story/top-hat) - ![damien-singh](https://www.leapfin.com/hs-fs/hubfs/Canva%20images/damien-singh.jpeg?width=800&height=800&name=damien-singh.jpeg) If you’re a high complexity high transaction volume business, Leapfin is a no brainer. Damien Singh CFO, Canva ![logo_canva](https://www.leapfin.com/hubfs/logo_canva.svg) [ Read Canva's Story ](https://www.leapfin.com/story/canva) - ![headshot_joe-blanchett_large](https://www.leapfin.com/hs-fs/hubfs/headshot_joe-blanchett_large.png?width=448&height=448&name=headshot_joe-blanchett_large.png) 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 ![logo_seat-geek](https://www.leapfin.com/hubfs/logo_seat-geek.svg) [ Watch Joe's Testimonial ](https://www.leapfin.com/videos/how-seatgeek-converts-stripe-data-into-journal-entries) - ![Jason Grenier Altitude Sports](https://www.leapfin.com/hs-fs/hubfs/Jason%20Grenier%20Altitude%20Sports.jpeg?width=200&height=200&name=Jason%20Grenier%20Altitude%20Sports.jpeg) 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 ![logo_altitude-sports](https://www.leapfin.com/hubfs/logo_altitude-sports.svg) [ Read Altitude Sports' Story ](https://www.leapfin.com/story/altitude-sports) [ Read Customer Stories ](https://www.leapfin.com/customers) ### Speed up your close process today [ Get a Demo ](https://www.leapfin.com/get-a-demo) Leapfin is the trusted AI infrastructure that powers your entire record-to-report process at scale. Leapfin 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.  ![SOC Compliance Badge](https://www.leapfin.com/hubfs/logos%20-%20external/badge_SOC.svg) [![icon_LI](https://www.leapfin.com/hubfs/logos%20-%20external/icon_LI.svg) ](https://www.linkedin.com/company/leapfin/)[![icon_FB](https://www.leapfin.com/hubfs/logos%20-%20external/icon_FB.svg) ](https://www.facebook.com/leaptechnologiesinc)[![icon_TW](https://www.leapfin.com/hubfs/logos%20-%20external/icon_TW.svg) ](https://twitter.com/leapfin)[![icon_YT](https://www.leapfin.com/hubfs/icon_YT.svg) ](https://www.youtube.com/@Leapfin) Copyright © 2026 Leap Technologies. All Rights Reserved.