Cut month-end close from 11 days to 3
Northwind replaced spreadsheets and shared cards with Avvyren and now closes the books in three days.
Company
Northwind Labs
Industry
SaaS
Company size
120 people
Region
North America
Products used
Cards, Expenses, Accounting sync
73%
faster close
$340k
saved per year
15 hrs
admin saved monthly
The challenge
Northwind was growing three times a year, but finance still ran on spreadsheets and shared cards. Receipts were chased over Slack and every close took 11 days.
“Avvyren turned our month-end from a two-week fire drill into a three-day review. Our team finally has time to do actual finance.”
Priya Raman
VP Finance, Northwind Labs
The solution
They gave every team lead an Avvyren card, set approval rules by department and synced the ledger to their accounting system in real time.
The results
Close dropped from 11 days to 3. Receipt capture went from 61% to 98%, and the finance team got back 15 hours a month.
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