Case Study: AidKit cuts month-end close by 10 days with Rillet

AidKit cuts month-end close by 10 days with Rillet

AidKit, a social impact technology company, faced a significant challenge with its manual financial processes. Using QuickBooks, its team spent 40-50 hours each month on painstaking reconciliations, resulting in a slow 15-day month-end close. This prevented timely financial decisions and offered no visibility into contract-level profitability, which was unsustainable for their mission of distributing funds to vulnerable populations. To solve this, AidKit implemented the financial platform Rillet.

By adopting Rillet, AidKit automated its workflows and gained multi-dimensional tagging capabilities. The solution cut its month-end close cycle by 10 days, reducing it from 15 days to just 4-5 days. This saved over 40 hours of manual work monthly and provided, for the first time, complete visibility into contract economics and profitability. The results from Rillet enabled AidKit to scale its operations with greater efficiency, accuracy, and strategic insight.

AidKit