Case Study: Top Hat reduces month-end close time by 89% with Leapfin

Top Hat - Customer Case Study

Top Hat, a Toronto-based higher education software company used by 75% of the top 1,000 colleges and universities in North America, needed a better way to manage rapid growth and increasingly complex revenue recognition. Its legacy financial systems, built around Excel and a SuiteSync integration between Stripe and NetSuite, could not handle millions of monthly transactions or support a new pricing structure. Top Hat turned to Leapfin to modernize its revenue operations and eliminate bottlenecks in month-end close and reporting.

Leapfin provided a scalable platform with flexible rules and automation that integrated with Top Hat’s existing systems without requiring major process changes. By replacing Excel-based workflows and enriching Stripe data, Leapfin helped Top Hat produce revenue reports in just 5 days and complete month-end close in under 10 days, cutting the close process by 89%. Leapfin also gave the team real-time revenue visibility and more time for strategic analysis and cross-functional support.

Top Hat

Minnie Luo

Director of Revenue Operations