Case Study: Commenda scales global accounting and cuts close time with Puzzle

Commenda reduces close time by 55% with Puzzle

Commenda, a global expansion partner handling entity management and corporate reporting for over 500 clients, faced the challenge of scaling its US accounting operations without increasing headcount. The complexity of managing cross-border transactions and reconciliations for its clients was a significant hurdle, and existing tools like QuickBooks and Xero did not meet their needs. They turned to vendor Puzzle for a solution.

By implementing Puzzle's AI-native ledger, Commenda automated the categorization of high-volume transactions, allowing their accountants to focus on review and judgment. This integration enabled one CPA to support nearly 50 clients, completing their annual closes in just 15-20 days. The solution resulted in a 55% reduction in close time, eliminating the need for additional hiring and dramatically improving efficiency.

Commenda