Automating monthly-close | Leapfin
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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.
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.
Resources for revenue accounting & payment reconciliation
Real-world examples of improving reconciliation and accounting efficiency
- Joe BlanchettDirector, Business Systems, SeatGeek
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.
- Jason GrenierCFO, 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.
- Alicia ArntsonCPAVP, Controller, Eight Sleep
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.
- Brian CheungSr. Manager, Accounting, GoodRx
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.
FAQs
How does Leapfin help improve the month-end close process?
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.
What is automated revenue recognition and how can it help with month-end close?
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.
Why is AI important for revenue recognition software?
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, enabling finance and accounting professionals to run detailed reports or analysis themselves without needing to rely on other teams.