Case Study: GoodRx cuts monthly close by 6 days with Gappify

GoodRx automates its monthly Accruals process with Gappify

GoodRx, a fast-growing healthcare company with about 1,000 employees, was preparing for its IPO when its accounting team faced a manual, time-consuming monthly accruals process. With a 15-day close and rapidly increasing revenue and vendor volume, the company needed to improve speed and accuracy without weakening controls. GoodRx turned to Gappify’s Accrual Cloud to address these challenges.

Gappify helped GoodRx automate tedious accrual confirmation and journal entry tasks, improve SOX- and GAAP-compliant workflows, and strengthen internal controls. As a result, GoodRx reduced its monthly close by 6 days, doubled the amount of accruals captured each month without additional effort, and gained auditor confidence in the accuracy of its reporting.

GoodRx

Ethan Don

Director