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LeapFin

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Company health

Employee growth
32% decrease in the last year
Web traffic
26% decrease in the last quarter
Financing
February 2023 - $25M

Ratings

G2
3.0/5
(2)
Glassdoor
3.0/5
(21)

LeapFin description

LeapFin is accounting automation software designed for high-growth businesses with complex revenue models. It consolidates and standardizes transaction data, automating revenue recognition and reconciliation. This reduces manual work and accelerates the financial close process, potentially from weeks to days. LeapFin helps ensure compliance with accounting standards like GAAP and SOX. It's particularly beneficial for subscription, e-commerce, and marketplace businesses. LeapFin promises increased efficiency, reduced errors, and improved financial visibility.


Who is using LeapFin?


Who is LeapFin best for

LeapFin automates accounting for high-growth businesses with complex revenue models. It streamlines revenue recognition, reconciliation, and financial close processes, reducing manual work and improving accuracy. LeapFin is best suited for medium to large enterprises in subscription, e-commerce, or marketplace sectors seeking to improve financial visibility.

  • Best for medium to large businesses (101+ employees), especially large enterprises.

  • Ideal for subscription, e-commerce, and marketplace businesses needing automated revenue recognition.


LeapFin features

Supported

LeapFin automatically consolidates and standardizes transaction data to simplify reconciliation and reduce manual work.

Supported

LeapFin automates revenue recognition and reconciliation, potentially accelerating the financial close process from weeks to days.

Supported

LeapFin helps ensure compliance with GAAP and SOX.

Supported

LeapFin offers increased efficiency, reduced errors, and improved financial visibility.

Supported

By automating tasks, LeapFin reduces the need for manual work and minimizes potential errors.

Supported

LeapFin accelerates the financial close process, possibly reducing it from weeks to days.

Supported

LeapFin automatically generates journal entries, processing billions annually.


LeapFin pricing

See the LeapFin pricing page.

Standard
$500 per month

1M annual accounting transactions limit, 3 native integrations, includes Revenue Data Cloud features, Reconciliation & Validation Reports, Audit Trail, Period Locking, User Administration, 99.0% availability SLA, Standard support SLA.

Premium
$1000 per month

10M annual accounting transactions limit, 10 native integrations, Leap Connect API for an additional fee, includes Revenue Data Cloud features, Revenue Accounting Automation features, User Administration, SSO for an additional fee, Role Based Access Control for an additional fee, Shared Customer Success Manager, Solutions Architect for an additional fee, 99.0% availability SLA, Standard support SLA.

Enterprise
Custom

Custom annual accounting transactions limit, unlimited native integrations, Leap Connect API, Integration Manager, includes Revenue Data Cloud features, Revenue Accounting Automation features, User Administration, SSO, Role Based Access Control, Dedicated Customer Success Manager, Solutions Architect, 99.5% availability SLA, Prioritized support SLA.


LeapFin alternatives

  • Logo of HubiFi
    HubiFi
    Automates accounting for high-volume businesses, simplifying complex finances.
    Read more
  • Logo of SAP Revenue Recognition
    SAP Revenue Recognition
    Automates revenue accounting, easing compliance and boosting insights.
    Read more
  • Logo of FloQast
    FloQast
    Close faster, reconcile smarter, automate accounting.
    Read more
  • Logo of Campfire
    Campfire
    Modern accounting software automating finances for growing businesses.
    Read more
  • Logo of Trullion
    Trullion
    AI-powered lease accounting and revenue recognition automation.
    Read more
  • Logo of SolveXia
    SolveXia
    Automates tedious finance tasks, cutting errors and boosting efficiency.
    Read more

LeapFin FAQ

  • What is LeapFin and what does LeapFin do?

    LeapFin is accounting automation software for high-growth businesses with complex revenue models. It automates revenue recognition, reconciliation, and financial close processes, reducing manual work and ensuring compliance. LeapFin is ideal for subscription, e-commerce, and marketplace businesses seeking improved financial visibility and efficiency.

  • How does LeapFin integrate with other tools?

    LeapFin integrates with various systems through its Leap Connect API. This allows for seamless data flow between LeapFin and other tools, facilitating efficient data management and automation of key accounting processes. Further integration details are available upon request.

  • What the main competitors of LeapFin?

    LeapFin's main competitors include Trullion, HubiFi, LeaseQuery, Gappify Accrual Cloud, Sage Intacct, and Campfire. These alternatives offer various accounting automation solutions, some specializing in revenue recognition or lease accounting. Each caters to businesses with complex financial needs, similar to LeapFin.

  • Is LeapFin legit?

    LeapFin appears to be a legitimate software solution. It offers automation for complex accounting processes, which can be valuable for high-growth businesses. However, researching user reviews and comparing it with alternatives like Trullion or HubiFi is recommended.

  • How much does LeapFin cost?

    LeapFin's Standard plan is $500/month, the Premium plan is $1000/month, and Enterprise plan pricing is custom. Several add-ons like Leap Connect API, SSO, and Role Based Access Control incur additional fees. Is LeapFin worth it at these price points? It depends on your business needs and transaction volume.

  • Is LeapFin customer service good?

    There is no customer service information available for LeapFin.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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