Case Study: Knock speeds budget forecasting and eliminates 3 days a month of manual data entry with Sage Intacct

Knock opens door to new financial insights with Sage Intacct

Knock is a fast-growing proptech startup that helps homeowners buy their next home before selling the old one through its Home Swap product. Rapid growth and a complex real estate financing model exposed limitations in QuickBooks and multi-tab Excel budgeting—financial analysis required manual downloads and reconciliation, month‑end close was lengthy, and one staffer spent roughly 24 hours a month on manual data entry for budget vs. actuals and forecasts.

By implementing Sage Intacct and Sage Intacct Budgeting and Planning, Knock automated data syncs, eliminated those 24 monthly manual hours, and cut the monthly close from eight to five days. The new tools provide faster reforecasting, detailed budget vs. actuals, integrated nonfinancial data, and quick scenario modeling (three COVID scenarios built in hours), enabling data-driven decisions as the company scales into new markets.

Knock

Megan Dunne

Head of Finance