Case Study: Stape achieves faster, GAAP-compliant accrual accounting with Synder

Stape cuts month-end review time to 40 minutes with Synder

Stape, a provider of server-side tracking solutions, struggled with the complex and manual process of managing subscription revenue while ensuring GAAP-compliant accrual accounting. This was a time-consuming and error-prone task. To overcome this, they implemented Synder, specifically using the Synder RevRec and Synder Sync products to automate their financial workflows.

The solution provided by Synder automated revenue recognition for subscriptions, synchronized data across platforms, and offered detailed transaction tracking and customizable rules. This resulted in Stape saving a significant amount of time; a month's worth of data reconciliation was reduced from two days to just 40 minutes. The automation ensured accuracy and GAAP compliance, allowing the financial team to focus on strategic growth instead of manual bookkeeping.

Stape