Case Study: Ternwheel slashes month-end close time with Puzzle

How Ternwheel Slashed Month-End Close Time by 98% With Puzzle

Ternwheel, a startup creating a profitability platform for touring musicians, faced significant challenges with its financial operations. Founder Ashanti Abdullah was manually tracking burn and runway through bank statements, a process that took multiple days and resulted in outdated reports. This lack of real-time financial clarity became a roadblock to growth. The company initially outsourced bookkeeping but sought a solution, namely Puzzle's accounting software, that would provide them with more visibility and collaborative control over their finances.

By implementing Puzzle, Ternwheel connected its entire finance stack for automated, AI-powered categorization and reconciliation. The platform provided real-time dashboards for complete financial visibility, slashing its month-end close time by 98% from a full day to under 15 minutes. Puzzle also saved the team 8 hours weekly on bookkeeping and achieved 95% accuracy across financial records, allowing them to refocus on strategic growth initiatives.

Ternwheel

Ashanti Abdullah

Founder and CEO