Rillet is a Mid-Market ERP for modern tech companies with pains around revenue recognition and multi-entity consolidation. Rillet can automate 93% of all manual journal entries and invoicing workflows and provides key investor metrics instantly.
About:
Rillet is the first accounting platform made to fit the workflows of accountants at high-growth tech companies. Through curated native integrations, deterministic algorithms as well as AI, Rillet pulls in metadata from your tech stack, interprets them, and automatically books journal entries, sends invoices, creates deferred revenue waterfalls and prepaid schedules, and generates operational and financial metrics in real time.
Best fit for:
Employee Count: 50-750+
Location: North America, EMEA
Industries: Software, Internet, E-commerce, Digital Marketplace, HealthTech, FinTech, InsurTech
Job Titles: CFO, VP of Finance, Controller, Director of Accounting, Director of Finance, Accounting Manager, Sr. Accountant, Staff Accountant, Financial Analyst
Key Features:
- Automated Contract-to-Cash: Real-time sync from CRM automatically creates Revenue Waterfall and Deferred Revenue schedules. Easily modify existing contracts and set custom revenue patterns.
- SaaS Metrics: ARR/MRR Bridge, Retention Cohorts, Magic Number, and many more. Accurate data pulled from the source of truth, easily drillable and shareable to keep stakeholders in the loop.
- Advanced Invoicing: Create custom invoice patterns, reminders, and payment links. No more chasing customers or forgetting to send out invoices!
- AI-enabled Bank Reconciliation: Seamlessly connect with 11,000 banks and credit unions. Our proprietary Machine Learning models automatically match 90% of all transactions.
- Multi-Entity Accounting: Automate your workflows for multi-currency accounting and multi-entity consolidation. Switch between consolidated and subsidiary views with ease.
- Native Integrations: We integrate across CRMs, payment processors (e.g. Stripe), banks, and payroll providers, as well as AP, card/expense management, sales tax, and much more.