Customers

What changed for our customers.

These numbers come from our first eight customers. It is a small group, and we would rather show you that than round it up.

7 of 8customers now close by business day 7, down from a median of 11 business days on QuickBooks

8 weeksmedian go-live from signature, against the 6 to 12 months customers were quoted for NetSuite

About halfthe time customers say reconciliations used to take (customer-reported)

Customer story

Ferrolake Technology Group

Managed IT services platform, built by acquisition across Illinois, Wisconsin, and Indiana. 12 legal entities.

The problem

Ferrolake grew by buying managed IT providers, and each acquisition arrived with its own QuickBooks file. By the time the finance team had twelve of them, the close took twelve business days, and Ferrolake's private-equity sponsor wanted monthly numbers within ten.

What changed

All twelve entities now run in one ClosedBySeven system, with intercompany entries handled inside the books. Ferrolake closes by business day seven.

“Every acquisition used to mean another QuickBooks file and another weekend of intercompany entries. Now a new entity is a setup task, not a project.”
Controller, Ferrolake Technology Group

Customer story

Switchgrass IT Services

Managed IT services company built from 18 tuck-in acquisitions. 19 legal entities.

The problem

Switchgrass adds new entities nearly every quarter. On QuickBooks, every one of them made the close longer, and it had reached fourteen business days.

What changed

With every entity in one system and the close checklist inside the books, Switchgrass now closes by business day seven.

“We add companies faster than most finance teams add vendors. This is the first system that kept up.”
VP Finance, Switchgrass IT Services