Leapfin
12 Case Studies
A Leapfin Case Study
SeatGeek faced the challenge of converting complex and messy transaction data from Stripe into accurate journal entries for their NetSuite system. This manual process was time-consuming and prone to error. To solve this, they turned to Leapfin and its accounting automation software.
By implementing Leapfin's solution, SeatGeek automatically transformed its Stripe data into ASC-606 and IRS compliant journal entries. This integration delivered significant results, including a 90% reduction in the time it takes to close, a 50% reduction in audit times and costs, and an 80% reduction in manual reporting hours. Leapfin provided SeatGeek with an automated, accurate, and auditable revenue accounting process.