Rillet

Worried about losing your custom tags and reports in QBO? Rillet can rebuild your custom reporting and have you live before QBO shuts it all down. Included in every Rillet subscription: - Unlimited custom fields (seriously, unlimited) - These fields can be customized and applied easily to objects without engaging an external consultant - These custom fields can then be used to run reporting across the platform like job-costing for projects or ARR retention cohorts by customer segments and so much more.

"You can't really take advantage of a lot of the benefits that AI brings if you're using legacy, disparate software" - Bill Koefoed, CFO of OneStream Software No notes. That's one of the reasons we're building Rillet. Check out the full conversation with Nicolas Kopp, CEO of Rillet and Morgan Stanley's Chris Quintero in the comments.

Check out this great episode from Seema Amble and Marc Andrusko at Andreessen Horowitz highlighting two major trends impacting the accounting industry today: 1. More accountants are retiring than are entering the profession with no indication this trend will reverse 2. The demand for quality accounting is increasing with over 3 million current professionals in a $100B+ market The key to solving this disparity will be automation, specifically with modern software and AI. Accounting leaders will need tools like Rillet to provide an army of staff accountants, enabling them to stop doing the work and start reviewing it. Much of this is already possible in Rillet today as our AI automates bank reconciliation and performs flux analysis saving 1,000s of hours every single month. Check out the full conversation in the comments ⬇️

End your year on a high note and don't miss our final webinar of 2024 🎆 Accounting in the Age of AI 🗓 Tuesday, Dec 17th ⏰ 1 PM ET / 10 AM PT Learn how AI is revolutionizing finance and accounting. 👥 Speakers: Javier Cortes Angel – CFO at Lang.ai (ex Flexport, Instacart) Audrey Carroll, CPA – Accounting at Ramp (ex Peloton) stephen hedlund – Head of Finance at Rillet https://lu.ma/3k8y4eyv

What is the role of finance in a company? Charly Kevers, CFO of Carta, nails it: “It starts very simply with what I refer to as scorekeeping. How do you help everybody know where you are at? No one should be surprised at any point in time. How's the company doing? Sounds basic but it takes real work to do this well.” Charly shared this recently on a broader conversation we had on how to scale the finance org. Full video is linked in the comments. Happy Friday!

This is a must-attend virtual event for finance professionals, accountants, and AI enthusiasts. Don’t miss out! 🗒️ Topic: Accounting in the Age of AI 📅 Date: Tuesday, Dec 17th ⏰ Time: 1 PM ET / 10 AM PT Hear from top industry experts as they explore the future of accounting powered by AI: 🎤 Javier Cortes Angel – CFO at Lang.ai (ex-Flexport & Instacart) 🎤 Audrey Carroll, CPA – Accounting at Ramp (ex-Peloton) 🎤 stephen hedlund – Head of Finance at Rillet 🔗 Register now to secure your spot https://lu.ma/3k8y4eyv

Feature of the week: the contract module 💥 Rillet syncs with your HubSpot or Salesforce CRM to automatically sync your contracts with Rillet. If you don’t currently use a CRM, contracts can be entered manually. When a contract is imported and approved or created manually in the system, Rillet does 3 actions: 1) Calculates the SaaS metrics: ARR, ACV, Net Dollar Retention and more 2) Generates and schedules the invoices. These can be sent out automatically or manually depending on your preference 3) Calculates and books all related journal entries for revenue recognition, with the schedule clearly shown on each contract Simple as that.

Accounting and finance leaders are consistently getting asked to do more with leaner teams. It's a tall ask. Next week Rillet Head of Finance stephen hedlund will join CFO Javier Cortes Angel (Lang.ai, Flexport, Instacart) and Ramp's Audrey Carroll, CPA to discuss how they're using AI to enable their organizations to scale quickly while staying lean. Save your spot by signing up here: https://lu.ma/3k8y4eyv

Come for the Salesforce integration; stay for the AI bank reconciliation. See why CFOs are moving from NetSuite to Rillet at our public demo next Friday. Our CEO Nicolas Kopp will show how accounting teams are saving over a week on their close time with our integrations and AI automations. Signup here: https://lu.ma/d5mjgs62