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Gappify Accrual Cloud is the only solution on the market that automates the comprehensive Month-End Accruals process. It adds further automation to NetSuite's accruals process by automating vendor outreach, open PO review, auto-calculating suggested accruals based on historicals, and even auto-posting JE's into NetSuite. Gappify's smart automation tool improves the efficiency, accuracy, and compliance of the accruals process - cutting 2-5 days off of month-end close, eliminating the risk of accrued liabilities audit penalties, and elevating accountant into more strategic tasks.
Gappify automates and streamlines all aspects of the accruals process. Instead of the accounting team spending days manually reaching out to vendors and budget owners and creating cumbersome spreadsheets for analysis on historicals, Gappify automates every aspect of the process, shortening month-end accruals from several days to a couple of hours.
“Gappify has streamlined our accruals, which now take 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 Voronina, CAO at GitHub
Reddit, Khoros, Opendoor, Planful, Databricks, Datadog, Course Hero, Iovance Biotherapeutics, Click Therapeutics, GoodRx, Natera, Datadog, 89Bio, Collibra, Brex, Instabase, Invitae, Yext, Ripple, Noom.
Manage and track all accrual confirmation statuses in real-time via one central platform.
Autonomously reach out to selected vendors for accrual estimates each month, increasing the coverage and accuracy of unbilled expense estimates.
Autonomously reach out to selected PO owner and budget owners for accrual estimates each month, increasing the coverage and accuracy of unbilled expense estimates.
Accrual dashboard, calculations and vendor/PO owner outreach is all stored directly in NetSuite, creating a clean log for auditors and eliminating the risk of accrued labilities audit penalties.
Suggests accrual amounts by utilizing rules-based calculations on historical data

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Gappify Accrual Cloud
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