Case Study: Lookout achieves 75% faster revenue accounting review cycles with Klarity

Lookout experiences transformative impact on revenue accounting processes

Lookout, a leader in endpoint-to-cloud security, was facing scaling pressure as its revenue accounting team spent disproportionate time on labor-intensive ASC 606 contract reviews and manual tasks (like entering start/end dates), creating burnout and month-long review cycles. To address this, Lookout evaluated automation options and selected Klarity’s contract review automation platform.

Klarity automated the most repetitive contract-review work, provided a secure, accounting-specific repository, and highlighted key terms to make human review faster and more accurate. As a result, Lookout cut review cycles by 75% (from about a month to roughly a week), enabled the team to review far more contracts with higher accuracy, and freed accountants to focus on higher-value technical accounting—outcomes directly attributed to Klarity.

Lookout

Yunuu Chen

Corporate Controller