We started working with our client after they received their seed founding round, and were just looking for someone to keep their accounting current. At the time they had 15 employees.

After digging into some data, we realized Stripe was not properly integrated and revenue data was not flowing into the appropriate bucket each month, expenses were not in the right period, and reporting was very manual. Our team designed a close process to capture the correct data, automate and adjust the financials on a monthly basis, giving our client accurate GAAP based financials to utilize during fundraising.

Our team also started scaling the accounting and reporting functions incrementally as our client was moving through two additional funding rounds and approaching 80 employees. We added departments and service lines, updated the chart of accounts, automated payroll data to the right department, integrated the bill pay module across several dimensions, and began capitalizing payroll expenses related to development of the technology asset. Throughout this time, we worked closely with the internal finance team to ensure we were properly supporting them.

Our team fully positioned our client to keep scaling and growing its operations through future funding rounds, as well as be audit ready when the time comes.