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Streamline your revenue recognition with ASC 606 automation. Learn how to simplify compliance, reduce errors, and improve financial reporting accuracy.
Your finance team is one of your most valuable strategic resources, but are you using them effectively? If they spend their days buried in spreadsheets, manually tracking performance obligations, and piecing together data for ASC 606 compliance, the answer is no. This tedious, repetitive work drains their time and prevents them from focusing on high-impact activities like forecasting and analysis. True financial leadership comes from insight, not data entry. By implementing ASC 606 automation, you empower your team to shift from looking backward at the books to looking forward, providing the strategic guidance your business needs to thrive.
Before we get into automation, let’s cover the basics. Think of ASC 606 as the official rulebook for how and when your business can recognize revenue from customer contracts. It was created by the Financial Accounting Standards Board (FASB) to give companies a universal framework, making financial statements more consistent and comparable across different industries.
At its core, ASC 606 is all about recognizing revenue when you transfer a promised good or service to a customer. This means you count the money when you’ve earned it, not necessarily when you get paid. For businesses with subscriptions, complex contracts, or multiple deliverables, this standard introduces a new layer of detail to the accounting process. Getting it right is crucial for accurate financial reporting and maintaining investor confidence. You can find more insights on our blog about how these standards apply to different business models.
The entire ASC 606 standard is built around a five-step model. It’s a clear path to follow for every customer contract to ensure you’re recognizing revenue correctly. If you’re new to this, don’t worry—the logic is straightforward.
Here are the five steps every business needs to follow:
Adopting ASC 606 does more than just change a few lines in your accounting ledger; it can fundamentally shift how you view your financial performance. The standard’s focus on recognizing revenue as control of a product or service transfers means you need a much clearer picture of your customer contracts. This standardization promotes transparency and makes it easier for investors, partners, and leadership to compare financial statements across different companies.
For high-volume businesses, this means every single transaction needs to be evaluated through the five-step lens. It impacts everything from how you structure sales contracts to the timing of your revenue streams. While it adds rigor to your process, the upside is a more accurate and reliable representation of your company’s financial health.
If you find ASC 606 compliance challenging, you’re not alone. The standard requires a deep understanding of every contract, which can be tough for businesses managing thousands of them. One of the biggest hurdles is simply the volume of data. Manually tracking performance obligations, allocating revenue for bundled services, and managing contract modifications is not only time-consuming but also prone to error.
Many businesses find their existing systems aren't equipped to handle these complexities. This often leads to a reliance on messy spreadsheets and manual workarounds, which can be a nightmare during an audit. The need for more intricate accounting processes and potentially new tools is a common pain point, especially for companies that need their systems to work together. This is where having the right integrations becomes essential for streamlining the process.
If you’re still relying on spreadsheets and manual processes for revenue recognition, you already know the headaches. It’s a system that feels constantly on the verge of breaking. You’re stuck in a reactive cycle, trying to piece together financial stories from data scattered across different departments and systems. This approach isn’t just inefficient; it’s a significant risk to your business. Every manual entry is a potential error, and every hour your team spends chasing down numbers is an hour not spent on strategic analysis.
As your business grows, these small cracks in your process can turn into major fractures. What worked for a handful of transactions becomes a nightmare with hundreds or thousands. You start seeing inconsistencies between departments, with sales, finance, and operations all working from their own version of the truth. This creates a tangled web that’s difficult to audit and even harder to use for making smart business decisions. It’s time-consuming, stressful, and simply not sustainable for a company with ambitious growth plans. Moving to an automated system isn't just about convenience; it's about building a solid financial foundation for the future.
Let's be honest: even the most meticulous person makes mistakes. When your revenue recognition process depends on manually entering data, copying and pasting between spreadsheets, and interpreting complex contracts by hand, errors are inevitable. A simple typo or a miscalculation can have a ripple effect, leading to inaccurate financial statements and compliance issues. Manual accounting is a reactive process, happening long after the sales and billing are done. This forces your team to constantly look backward to fix problems. An automated approach, on the other hand, is proactive. It creates clear accounting paths from the start, which greatly reduces the chance of human error and ensures your data is accurate from day one.
Think about the hours your finance team spends buried in spreadsheets. They’re often forced to act like detectives, hunting down contract details, verifying deliverables, and trying to match data from different systems. This manual reconciliation is slow, tedious, and mentally exhausting. It pulls your most valuable financial minds away from high-impact activities like forecasting, analysis, and strategic planning. Instead of guiding the business forward, they’re stuck piecing together the past. This isn't just an inefficient use of time; it's a drain on morale and a bottleneck that holds your entire organization back. Freeing your team from these tasks allows them to focus on what truly matters: driving profitable growth.
A manual, spreadsheet-based system might work when you’re just starting out, but it can’t keep up with a growing business. As you add more customers, products, and contract complexities, your spreadsheets become increasingly unwieldy and prone to breaking. Different teams often create their own versions of financial records, leading to data silos and a lack of consistency across the company. This makes it nearly impossible to get a clear, unified view of your revenue. A scalable solution requires a single source of truth that can handle increasing transaction volumes and adapt to new business models without requiring a complete process overhaul. The right system integrations are key to creating a process that grows with you.
Audit season can be one of the most stressful times of the year for any finance team, and manual processes only make it worse. When auditors ask for documentation, you have to dig through emails, spreadsheets, and separate files to piece together a transaction’s history. This lack of a clear, centralized audit trail can raise red flags and lead to a longer, more painful audit process. An automated system provides a clean, transparent record for every single transaction. It shows exactly how revenue was calculated and recognized, giving you and your auditors confidence in the numbers. This not only makes audits smoother but also helps you pass them successfully and maintain stakeholder trust.
When you start looking for an automation solution, you’ll quickly realize they aren’t all the same. The right tool does more than just check a compliance box; it becomes a core part of your financial operations that supports your company as it grows. The goal is to find a system that simplifies the complexities of ASC 606, not one that adds another layer of software to manage. A great solution will feel like a natural extension of your team, handling the heavy lifting of compliance so you can focus on strategy.
Think of it this way: your contracts are the foundation of your revenue. A powerful automation tool will help you build on that foundation with confidence. It should be robust enough to handle your most complex scenarios but intuitive enough for your team to use every day. As you evaluate your options, focus on platforms that offer smart contract management, clear tracking of performance obligations, accurate revenue allocation, seamless integrations with your existing tech stack, and real-time analytics. These five pillars are essential for creating an efficient, accurate, and audit-proof revenue recognition process.
Your contracts are the starting point for the entire revenue recognition process under ASC 606. A solid automation solution needs to do more than just store them; it needs to intelligently manage them. This means the software should be able to automatically pull key data from your contracts, identify distinct terms, and track modifications or renewals without manual intervention. For businesses with straightforward agreements, this simplifies record-keeping. For those with more complex, multi-element contracts, it’s a game-changer. The right tool provides a centralized, organized view of all your contracts, ensuring your revenue recognition practices are built on a solid and compliant foundation from day one.
One of the trickiest parts of ASC 606 is correctly identifying and tracking each performance obligation—the specific promises you’ve made to your customer. Your automation software should handle this with ease. It needs to pinpoint each distinct product or service within a contract and monitor its delivery status in real time. This is especially important because the standard requires you to recognize revenue as the control of a good or service transfers to the customer. A great system gives you a clear, up-to-the-minute view of when each obligation is fulfilled, so you can recognize revenue at precisely the right moment and stay compliant without constant manual checks.
Once you’ve identified your performance obligations, you have to allocate the total contract price across each one. This can get complicated, especially when contracts include discounts, rebates, or bundled services. This is where automation truly shines. A reliable solution will use the rules of ASC 606 to accurately distribute revenue across all obligations, even in the most complex scenarios. By leveraging software to streamline their revenue recognition processes, you can significantly reduce the risk of human error, improve data accuracy, and ensure your financial statements are always compliant. It removes the guesswork and the tedious spreadsheet work from the equation.
Your revenue recognition tool can’t operate in a silo. To be truly effective, it must connect effortlessly with the other systems you rely on, like your CRM, ERP, and billing platforms. Look for a solution that offers robust, pre-built integrations to create a single source of truth for your financial data. When your systems are in sync, data flows automatically from one to the other, eliminating the need for manual data entry and reducing the risk of costly errors. This creates an audit-proof ecosystem where all your revenue data is consistent, reliable, and easily accessible across your entire organization.
Staying compliant is essential, but the true power of automation lies in the insights it provides. An effective ASC 606 solution should offer dynamic, real-time reporting and analytics. Instead of waiting until the end of the month to see where you stand, you should be able to access customizable dashboards that track key performance indicators at any time. This visibility into metrics like deferred revenue, recognized revenue, and future revenue streams is critical. It allows you to close your books faster, prepare for audits with confidence, and make more informed, strategic decisions to guide your business forward.
Switching from manual spreadsheets to an automated system for revenue recognition does more than just save you a few hours each month. It fundamentally changes how your finance team operates and how you view your business's financial health. Instead of spending weeks wrestling with complex calculations and hunting for errors, you can get a clear, accurate picture of your revenue in real time. This shift allows your team to move from tedious data entry to valuable strategic analysis, focusing on what the numbers mean for the future instead of just trying to get them right.
Automating your revenue recognition process means you can finally trust your numbers without reservation. It standardizes how you apply ASC 606 rules, ensuring consistency across every single transaction, no matter how complex your contracts are. This consistency not only makes compliance straightforward but also provides a solid foundation for forecasting and making critical business decisions. Think of it as building a reliable engine for your financial operations—one that runs smoothly in the background, giving you the power and insight to steer your company forward with confidence. With accurate, up-to-date financials at your fingertips, you can respond to market changes faster and plan for growth more effectively.
Let's be honest: ASC 606 compliance can be a headache. The rules are complex, and applying them correctly to every contract and performance obligation is a huge challenge, especially as you scale. Automation takes the guesswork out of the equation. A good system is designed to handle the nuances of the five-step model for you. It helps you accurately track when control of a service transfers to the customer, ensuring revenue is recognized at the right time, every time. This means less time spent interpreting dense regulations and more time focused on running your business, all while knowing your compliance process is sound.
Manual revenue recognition is built on spreadsheets, and spreadsheets are prone to human error. A single broken formula or copy-paste mistake can throw off your entire financial statement, leading to hours of frustrating detective work. By automating the process, you connect directly to your source systems, like your CRM and billing platform. This direct line ensures data is pulled consistently and accurately, without manual intervention. Leveraging software solutions helps you streamline revenue recognition, which improves data management, reporting efficiency, and reduces the risk of costly errors. With cleaner data, you get financial reports you can actually trust.
The month-end close is a notorious source of stress for finance teams. It often involves long hours and a frantic rush to reconcile accounts and generate reports. Automating the complex processes involved in ASC 606 compliance can significantly reduce the time spent on these financial tasks. The system handles the heavy lifting of calculations, allocations, and journal entries automatically. This transforms your closing process from a week-long marathon into a much shorter, more manageable event. It frees up your team to analyze performance and provide strategic insights instead of just racing against the clock.
Few things cause more anxiety than an impending audit. With a manual system, preparing means scrambling to pull together documentation, justify calculations, and prove your process is compliant. Automation changes this dynamic completely. An automated system provides clear, detailed records for every transaction, creating a transparent and easily traceable audit trail. This ensures your financial reporting is accurate and ready for scrutiny at any moment. Instead of dreading audits, you can approach them with confidence, knowing you have a complete, organized, and defensible record of your revenue. If you're tired of the audit scramble, it might be time to schedule a demo and see how automation can help.
Selecting an automation tool is more than just a software purchase; it’s a strategic decision that impacts your financial operations for years to come. The right platform will feel like a natural extension of your team, simplifying compliance and providing clarity. But with so many options out there, how do you find the perfect fit? It comes down to focusing on four key areas: essential features, system integrations, customization, and the quality of support you’ll receive. Let's break down what to look for in each.
Before you start scheduling demos, sit down with your team and create a checklist of your non-negotiables. What specific problems are you trying to solve? Your primary goal should be to find a solution that can audit-proof your revenue recognition and keep you compliant with standards like ASC 606. Think about your business model—do you handle subscriptions, project-based services, or a mix of both? The right tool will manage these complexities without issue. Your list of must-haves will be your guide, ensuring you choose a platform that truly meets your needs instead of one that just has flashy bells and whistles. For more ideas on what to look for, you can find great insights in the HubiFi blog.
A new tool should reduce your workload, not add to it by creating data silos. That’s why checking for integrations is so critical. Your revenue recognition software needs to communicate effortlessly with the systems you already use every day. It should work well with your existing tools, like your customer relationship management (CRM) and accounting software, to ensure a seamless flow of information. This connection eliminates the need for manual data entry, which reduces errors and frees up your team’s time for more strategic work. A well-integrated system creates a single source of truth for your financial data. Be sure to review a potential partner's list of integrations with HubiFi to see if your current tech stack is supported.
Your business is unique, and your revenue recognition process probably is, too. A rigid, one-size-fits-all solution is bound to cause headaches down the road. Look for a tool that offers flexibility. You should be able to set up rules and templates that fit your specific business needs. This allows you to automate revenue recognition according to your distinct contract types, billing cycles, and performance obligations. Whether you have complex multi-element arrangements or straightforward subscription models, a customizable platform adapts to your business, not the other way around. This ensures your financial reporting is not only compliant but also a true reflection of your company’s performance.
Even the most powerful software is ineffective if your team doesn’t know how to use it properly. Moving away from familiar spreadsheets can be a big change, so strong support and training are essential. When evaluating options, ask pointed questions about the implementation process. What does onboarding look like? Are there training resources available for your team? What happens when you have a question or run into an issue? You’re looking for a partner who will be there to help you succeed long after the sale is complete. The best way to gauge this is to schedule a demo with HubiFi and ask these questions directly.
Making the switch to an automated system might feel like a huge project, but you can break it down into a series of clear, manageable steps. Think of it as building a solid foundation for your financial operations—one that will support your business as it grows. By following a structured plan, you can ensure a smooth transition that sets your team up for success from day one. Let’s walk through the process together.
Before you jump into new software, take a moment to map out where you are and where you want to go. Start by reviewing your current revenue recognition process. Where are the bottlenecks? What takes the most time? What are your biggest compliance concerns? Remember, compliance with ASC 606 is essential for businesses to accurately represent their revenue and financial performance, impacting everything from financial statements to investor confidence. Your goal here is to create a clear list of requirements for your new system. This initial planning will be your roadmap for the entire implementation, ensuring you choose a solution that solves your specific problems and helps you meet your business goals.
With your plan in hand, you can start looking for the right automation tool. By leveraging software solutions, companies can streamline their revenue recognition processes, thereby enhancing their compliance with ASC 606—all while improving data management, reporting efficiency, and reducing the risk of errors. Look for a platform that aligns with the must-have features you identified in the planning phase. Does it handle your contract types? Does it offer the reporting you need? The best way to know for sure is to see it in action. Don’t hesitate to schedule a demo to get a feel for the software and ask specific questions about how it can address your company’s unique challenges.
Once you’ve chosen your system, it’s time to move your data. Your contracts are the foundation of your revenue recognition process under ASC 606, so this step is critical. Before you begin, take the time to clean and organize your existing data. This ensures you’re starting with a clean slate and will get accurate results from your new system. A quality automation solution should offer seamless integrations with your existing CRM, ERP, and accounting software to make this process much smoother. Work with your provider to create a clear migration plan that minimizes disruption and ensures all your historical and current contract data is transferred correctly.
A new tool is only effective if your team knows how to use it. Transitioning to a new revenue recognition standard and automating those processes can feel like a daunting task, but proper training can ease the transition. Get your team involved early in the process to build buy-in and excitement. Develop training materials and hold sessions that cover the new workflows and each person’s responsibilities. Make sure everyone understands not just how to use the software, but why the changes are being made. A well-trained team is your best asset for a successful ASC 606 automation and a smooth handoff from manual to automated processes.
After you go live, the final step is to monitor your new system to make sure it’s delivering on its promises. Key Performance Indicators (KPIs) offer quantifiable metrics to track the effectiveness of your automated system. Think of KPIs as the vital signs of your revenue recognition process. Set up dashboards to track metrics like the time it takes to close your books, the accuracy of your revenue reports, and any error rates. Regularly reviewing this data will help you spot any issues early, confirm you’re getting a return on your investment, and identify opportunities to further refine your financial operations. This ongoing oversight ensures your system continues to work for you long after implementation is complete.
Switching to an automated system is a huge step forward, but it’s not a magic wand. The success of your automation depends heavily on the foundation you build for it. Think of it this way: you wouldn't build a house on shaky ground. The same principle applies here. By establishing clear, consistent practices, you give your new software the best possible environment to do its job correctly and efficiently.
Getting these fundamentals right from the start will save you countless headaches down the road. It ensures your data is clean, your team is aligned, and your processes are ready to scale as your business grows. Let’s walk through four key practices that will help you get the most out of your ASC 606 automation and create a revenue recognition process that’s both compliant and effective.
Consistency is your best friend when it comes to revenue recognition. When every contract is handled differently, it’s nearly impossible to automate effectively or compare financial performance over time. By standardizing your practices, you create a clear, repeatable playbook for your team and your software. This promotes transparency and makes it much easier to produce financial statements that are consistent and comparable. A great first step is to map out your entire revenue process, from contract signing to final reporting, and identify a single, clear procedure for each step. This ensures everyone is on the same page and provides a solid framework for your automation tool to build upon.
Your contracts are the bedrock of your revenue recognition process under ASC 606. While it’s tempting to focus only on the numbers, the details within your contracts define your performance obligations and transaction prices. Keeping meticulous, organized documentation is non-negotiable. This isn’t just about staying prepared for an audit; it’s about feeding your automation system the accurate information it needs to work correctly. Centralize all contracts, amendments, and related communications in one accessible place. When your documentation is clear and easy to find, you reduce the risk of errors and give your team the context they need to manage revenue with confidence.
Automation is fantastic for reducing human error, but it doesn’t eliminate the need for oversight. It’s still important to have quality control checks in place to catch anomalies and ensure everything is running smoothly. Compliance with ASC 606 is essential for accurately representing your company’s financial performance and maintaining investor confidence. You can build these checks directly into your new, automated workflow. For example, set up automated alerts for unusual transactions or schedule regular reviews of key revenue reports. These checkpoints act as a safety net, giving you peace of mind that your automated system is performing as expected and your financial data remains reliable.
Your business isn't static, and neither is your revenue recognition process. As you grow, launch new products, or enter new markets, your needs will evolve. The best approach is to treat your revenue process as something that requires ongoing attention and refinement. By leveraging software solutions, you can streamline your processes and enhance your ASC 606 compliance while improving data management and reporting. Schedule regular check-ins—perhaps quarterly or semi-annually—to review your system’s performance, gather feedback from your team, and identify opportunities for improvement. This proactive mindset ensures your processes remain efficient and aligned with your business goals for the long haul.
Switching to an automated system can feel like a huge step, and it’s natural to have questions. Unfortunately, there’s a lot of misinformation out there that can make the decision seem more intimidating than it really is. Let’s clear the air and tackle some of the most common myths about ASC 606 automation head-on.
This is probably the biggest misconception about automation. The fear is that software will make finance teams obsolete, but the reality is quite the opposite. Think of automation as a powerful assistant for your team, not a replacement. It takes over the tedious, error-prone tasks like manual data entry and complex calculations. This frees up your talented finance professionals to focus on what they do best: strategic analysis, financial planning, and making informed business decisions. Instead of getting bogged down in spreadsheets, your team can enhance their capabilities and provide more value.
The thought of a lengthy and complex implementation process is enough to make anyone hesitate. While it’s true that adopting any new system requires some planning, modern automation tools are designed to make this process as smooth as possible. The key is finding a solution built to handle your specific needs, whether you have straightforward contracts or complex, multi-element arrangements. Good software offers seamless integrations with your existing systems—like your ERP and CRM—which dramatically simplifies setup. You don’t have to overhaul your entire tech stack; you just need to connect the right pieces.
Focusing only on the upfront cost of automation software misses the bigger picture. Manual revenue recognition has hidden costs that add up quickly, from the hours your team spends on manual work to the financial risk of errors and non-compliance. An automation solution is an investment in accuracy, efficiency, and peace of mind. By streamlining your processes and reducing the risk of costly mistakes, the software pays for itself over time. When you compare the investment in a reliable tool to the potential costs of a failed audit or inaccurate financial reporting, the value becomes clear.
If you’re used to juggling a dozen different spreadsheets, the idea of maintaining another system might sound exhausting. However, a dedicated automation platform actually simplifies ongoing management. Instead of tracking changes across multiple files and praying nothing breaks, you have a single source of truth. The system standardizes your processes, ensuring revenue is recognized consistently and correctly every time. This makes it easier to adapt to new contracts, update for regulatory changes, and pull reports whenever you need them. It’s about creating a sustainable, manageable process that supports your business as it grows, not adding another complication to your plate.
Setting up a solid revenue recognition process isn't just about meeting today's compliance needs; it's about building a financial foundation that can support your business for years to come. Future-proofing means creating a system that is flexible, scalable, and resilient enough to handle whatever comes next—whether that’s rapid growth, new regulations, or shifts in technology. By thinking ahead, you can turn your revenue process from a reactive chore into a proactive, strategic asset. It’s about preparing for the business you want to become, not just managing the one you have now. This approach ensures you’re always ready for the next opportunity and can handle challenges with confidence.
As your business grows, manual revenue recognition processes that once worked fine can quickly become a bottleneck. Spreadsheets get complicated, the risk of errors increases, and your team spends more time on data entry than on analysis. A scalable system is designed to handle increasing transaction volume and complexity without breaking a sweat. For instance, automation helps companies accurately track when control of a service transfers to the customer, ensuring compliance and simplifying a complex process even as you add thousands of new customers. By implementing an automated revenue recognition solution early on, you build a framework that supports your growth instead of holding it back.
Accounting standards are not set in stone. Regulations like ASC 606 and IFRS 15 can be updated, and new rules can emerge. A future-proof system is one that can adapt to these changes without requiring a complete overhaul of your processes. Automation tools are typically updated by the provider to reflect the latest compliance requirements, taking the burden off your team. This means you can consistently identify, record, and report all revenue transactions according to evolving standards. With a flexible system that uses seamless integrations with HubiFi, you can be confident that your business will remain compliant, no matter how the regulatory landscape shifts.
Relying on outdated methods for a critical function like revenue recognition can put you at a disadvantage. Embracing modern technology is key to staying efficient and competitive. While implementing a new standard can present challenges, leveraging software solutions allows you to streamline your revenue recognition processes and strengthen your compliance with ASC 606. Adopting an automated system isn't just about solving today's problems; it's about building a more agile and resilient finance operation. This allows your team to focus on strategic work and gives you a clear, accurate picture of your financial health, powered by technology built for the demands of a modern business.
The ultimate goal of accurate revenue recognition is to gain clear insight into your company's performance. When your data is reliable and available in real-time, you can make better, more informed strategic decisions. ASC 606's focus on recognizing revenue as control of a product or service transfers creates greater transparency in your financial reporting. This standardization makes it easier to compare your performance against others in your industry and provides a true picture of your financial health. With trustworthy data, you can confidently plan your next move, whether it's adjusting your pricing, exploring new markets, or investing in product development. You can find more insights in the HubiFi blog to guide your strategy.
Why can't I just keep using spreadsheets for ASC 606 compliance? While spreadsheets might seem sufficient when you're small, they don't scale with your business. As your transaction volume and contract complexity grow, spreadsheets become incredibly fragile and prone to human error. A single broken formula or incorrect entry can lead to inaccurate financial statements and serious compliance risks. An automated system is built to handle this complexity, providing a stable and reliable foundation for your financial reporting as you grow.
What's the most important thing to look for in an automation solution? Beyond specific features, the most critical factor is how well the solution integrates with the systems you already use, like your CRM and ERP. A tool that can’t communicate with your other platforms will only create more manual work and data silos, defeating the purpose of automation. Seamless integration ensures a single source of truth for your financial data, which is essential for accuracy and efficiency.
Will automating our revenue recognition process be too disruptive for my team? It’s true that implementing any new system involves a change in process, but the goal is to reduce long-term friction, not create it. A good provider will guide you through a structured implementation and provide thorough training for your team. The short-term effort of learning a new system is a small trade-off for eliminating the constant stress of manual reconciliations, month-end scrambles, and audit prep.
How exactly does an automated system make preparing for an audit less stressful? An automated system creates a clear, unchangeable audit trail for every single transaction. Instead of spending weeks digging through old emails, spreadsheets, and separate files to justify a number, you can instantly pull a complete history of how revenue was calculated and recognized. This gives you and your auditors confidence in your financials and turns a stressful, reactive process into a straightforward review.
Is this kind of automation only for large enterprises? Not at all. The need for automation is driven more by complexity than by company size. A growing business with subscription models, bundled services, or other complex contracts will face the same ASC 606 challenges as a large corporation. Implementing an automated solution early on is a strategic move that builds a scalable financial foundation, allowing you to focus on growth without being held back by manual processes.
Former Root, EVP of Finance/Data at multiple FinTech startups
Jason Kyle Berwanger: An accomplished two-time entrepreneur, polyglot in finance, data & tech with 15 years of expertise. Builder, practitioner, leader—pioneering multiple ERP implementations and data solutions. Catalyst behind a 6% gross margin improvement with a sub-90-day IPO at Root insurance, powered by his vision & platform. Having held virtually every role from accountant to finance systems to finance exec, he brings a rare and noteworthy perspective in rethinking the finance tooling landscape.
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