Revela shaves 3 days off close with Campfire
Campfire Stories
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Powering the accounting for modern teams
Leading tech companies leverage Campfire to accelerate their monthly close and unlock financial insights.
Complif faced unique complexities in managing financial data across multiple entities and currencies
They relied on a homegrown accounting solution which created inconsistencies and made it difficult to keep their financial data up to date
Campfire offered a solution that streamlined their financial processes and increased data accuracy and visibility
Revela found invoice reconciliation, 606 revenue accounting, and SaaS reporting took too much time in QuickBooks
In need of a sophisticated accounting software to meet their objectives, Revela turned to Campfire
The team shaved 3 days off their monthly close process while improving accuracy
Populi built a custom integration into Campfire in only a few days to automate invoicing.
After hitting Xero's transaction limits, Populi scaled with Campfire.
Populi benefits from rapid transaction search and improved KPIs for Board reporting.
Suger saved an average of one full day each month on accounting and reporting tasks by migrating from QuickBooks to Campfire.
Improved financial reporting, both internally and externally, using Campfire’s customizable, granular reports.
Leveraging Campfire daily to keep track of key tech startup metrics like burn rate, ARR, and closely monitor cash flow.
Automated tasks that were previously manually performed such as revenue accounting and ARR reporting.
Additional financial insights are now made available such as ARR waterfalls and daily/weekly cashflow.
Material improvement in accounting workflows due to Campfire's modern software interface.
Migrating out of spreadsheets and into Campfire prepared Mojo for its next phase of growth.
Automating revenue reporting allowed Mojo to improve executive decision support.
Flexibility of the platform has allowed for the Mojo accounting team to make their own adjustments via Campfire’s self-serve interface.
““When we were on QuickBooks, it was obvious the product was not built for tech companies like ours. The migration to Campfire was painless and now we are able to make informed decisions and track KPIs as we scale.””
Jon Yoo
CEO at Suger.io