Case Study: Aureus Academy reduces finance admin time by 90% with Stripe

Aureus Academy cuts finance admin time by 90% with Stripe

Aureus Academy, a Singapore-based music school with over 18,000 students, faced challenges managing its transition from cash payments to a scalable, automated subscription model. Their initial payment provider required extensive manual reconciliation and limited flexibility, diverting developer time from core products. To support growth, they needed a new payment partner like Stripe to automate billing and provide better financial data.

By implementing Stripe's Payments and Billing products, along with Stripe Connect and Revenue Recognition, Aureus automated its revenue lifecycle and streamlined invoicing across its centers. This integration, supported by Stripe's professional services, reduced finance admin time by 90%, saved 30% of developer time, and ensured 95% of invoices are paid at month's start. Stripe also enabled a 50% faster launch of new locations, providing the infrastructure for international expansion.

Aureus Academy