Gappify Accrual Cloud

Powering Completeness, Accuracy and Compliance

Manage your entire accrual process in a single cloud-based platform. Automate vendor and PO owner expense requests. Compare current month accruals with prior period actuals, creating a holistic view of your spending. Post SOX-compliant transactions and perform analytical & trend reviews for accuracy & completeness.

Trusted by Leading Accounting Teams From

Manage Your Entire Accrual Process in a Single Platform

Gappify’s Accrual Cloud autonomously requests estimates of unbilled expenses from your vendors & PO and budget owners, stores responses in the cloud-based platform & automates the creation of journal entries into your ERP to better manage your accrual process.

Responses and other relevant accrual data, including prior period actual accruals and default expense/liability accounts, are centrally organized & displayed within the platform to allow for robust analysis & review. At the conclusion of the workflow, SOX-compliant journal entries are generated within the platform for your selection and autonomous entry into your ERP system.

visualize

Manage and analyze your accrual process in one platform — with full visibility from start to finish.

Request

Autonomously request and collect estimates of unbilled expenses from your vendors and PO owners.

Compare

Compare current month accruals with prior period actuals, creating a holistic view of your vendor & PO spend.

Review

Review responses and post SOX compliant transactions; perform analytical & trend reviews to ensure accuracy and completeness.

"Gappify has made a huge impact on our accounting operations. Implementation was fast and efficient, Gappify's automation immediately took work off my team's plate. The ROI is significant as we are able to get more done and close our books faster without adding headcount. I'd recommend Gappify to any Controller who is growing their organization and scaling for the future."Janet JongAssistant Controller, Ginger.io / Headspace Health"Gappify has improved our vendor onboarding process and streamlined our accruals, which now takes a few hours vs. days to complete. Effortless integration with NetSuite ensures accuracy, security, and completeness of records. Gappify is a must have resource to scale accounting.”Natalia VoroninaChief Accounting Officer GitHub, Inc."Gappify's automation has made a big impact on our AP team, reducing the time spent to onboard new vendors and process information in NetSuite. Their solution helps us create more scale from accounting and keep costs low, even as our company has grown."Enrique MagañaSenior Vice President, Finance at RPX“In an era of new business models and changing accounting standards, accounting professionals need automation so that they can deliver fast, correct and smooth close processes. Gappify equips finance staff to keep pace with the speed of business, and enable finance transformation in an era of increasing complexity."Carla CooperCFO, Contentful“Gappify has improved and streamlined our vendor onboarding process and provided us with a simple, secure, and automated way to collect and verify vendor master data and integrate seamlessly into our ERP system. Gappify has been excellent to work with to continuously evolve and mature our vendor onboarding process."Marnie HarkerSenior Manager, Procurement OperationsPreviousNext

Accrual Management, Simplified

Benefit from the platform’s review center, where historical and current-month expense and accrual details are compiled into a centralized view. Manage your accrual confirmations and automated workflows on the platform’s transaction page. Utilize the Journal Entry review page (QJE) to review transactional-level details prior to posting your transactions in your ERP system.

Benefits:

Automatically reach out to all vendors for 100% accrual coverage - no need to limit confirmations to high risk vendors onlyAggregate details from your ERP and confirmees to provide a centralized accruals viewAllow Gappify to do labor-intensive tasks such as sending emails, collecting responses, aggregating expense data, and recording journal entriesStore accrual activities in ways auditors like — with a high-level of auditability to reduce risk and strengthen compliance

Business Value:

Close your books quicker, so management can make decisions fasterIncrease efficiency without added effort or headcount costMitigate risk of material misstatements and SOX significant deficiencies/material weaknesses by integrating Gappify into close workflow Spend more time performing flux, strategic & analytical reviews to ensure accrual accuracy and completeness through a single platform

About Gappify

Gappify, founded in 2016, is a cloud-based provider of accrual automation solutions for mid-market and enterprise accounting teams. The company is headquartered in Oakland, California, with offices in New York City, and Manila, Philippines.

Its team consists of accountants and CPA’s from Big Four accounting firms and software innovators. Gappify is also supported by strategic advisors from some of the world’s most recognized technology companies and is affiliated with the top companies & accounting organizations.

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