5 Mistakes to Avoid for Successful Revenue Reporting
NetSuite can't handle your raw Stripe data: Learn why, and what to do instead.
Revenue reporting is an essential part of any finance process. It needs to be accurate, detailed, and increasingly available in real-time. As such a high-profile, heavily watched process, there is very little room for failure. That’s why any attempt at automation must work the first time.
Many organizations have attempted to close the books faster and generate clean journal entries, by connecting Stripe or any other PSP directly to NetSuite. However, this method is a shortcut to disappointment and companies like SeatGeek, Reddit, and Poshmark learned the hard way. In this webinar we’ll delve into their approach and lessons learned, and we’ll also uncover the method they ultimately used to improve revenue reporting for the better! Come to Leapfin's fireside chat to avoid 12-18 months of headaches.
Join this fireside chat to learn:
• The consequences of connecting Stripe to NetSuite, including technical limitations, cost traps, wasted time, and more
• Why transforming revenue data is more important than merely connecting systems
• How purpose-built automation is helping top accounting teams solve their rev rec and reporting problems
• How organizations such as SeetGeek and Reddit transformed their revenue reporting to enable better decision-making and stakeholder experience
Speakers
Ray Lau
Co-founder and CEO
Leapfin
Ray is the co-founder and CEO of Leapfin. Prior to Leapfin, Ray managed finance operations at Zynga, where he owned business operations, financial planning, and budgeting through Zynga’s rapid growth and IPO. As CEO of Leapfin, Ray has seen firsthand the challenges Leapfin’s customers like SeatGeek, Canva, and Reddit have had connecting Stripe and NetSuite, and wants to help other companies avoid potential mistakes and pitfalls.
Erik Yao
Co-founder and CTO
Leapfin
Erik is the co-founder and CTO of Leapfin. Erik partners closely with Leapfin’s customers to empower them to transform their raw transaction data into clean journal entries and close their books daily. Prior to Leapfin, Erik co-founded PlayHaven, an industry leading cross-promotional advertising and marketing network for mobile games.
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