Close the books in 2 days, not 10
Enso stages journal entries continuously throughout the month. By the time the period ends, the ledger is already current. Your team simply signs off on data entry that happened weeks ago.
Book a Demo| Month | Usage | Recognized | YTD | Status |
|---|---|---|---|---|
| Jan 2025 † | 6.2M reqs | $8,333 | $8,333 | Posted |
| Feb 2025 | 9.8M reqs | $9,800 | $18,133 | Posted |
| Mar 2025 | 13.4M reqs | $13,400 | $31,533 | Posted |
| Apr 2025 | ~16M reqs | $16,000 | $47,533 | Forecast |
Why close still takes weeks
Adding headcount doesn't fix this. The bottlenecks are baked into the process.
- 01Contracts live outside accounting
Contract modifications are typically closed commercially (with Salesforce updated and DocuSign counter-signed) weeks before finance updates the revenue model. That lag means every amendment touching a recognition schedule requires manual reconstruction at period end, every period.
- 02Cross-team dependencies stall the whole close
56% of finance teams cite cross-team dependencies as their primary bottleneck. If meter data from engineering, payment confirmations from the gateway, or a single late PO isn't in by day 2, every downstream step waits. One slow input holds up the entire close.
- 03ASC 606 schedules run in spreadsheets
Deferred revenue roll-forwards in Excel run 40–80 hours per month for teams with 50+ contracts. Deloitte has called spreadsheets the weakest link under ASC 606: one missed amendment rolls the error into every subsequent period, and auditors evaluate whether the process is repeatable and documented, which a spreadsheet owned by one person is not.
- 04Reconciliation eats the calendar
The average finance team uses 3–5 systems to complete the close and spends 20–50 hours per month on reconciliation alone. The accounting judgment takes minutes. Moving data between systems that weren't designed to talk to each other takes days.
Journal entries post continuously throughout the month
Enso reads your contracts from CRM, DocuSign, or PDFs and codifies the billing and revenue recognition rules automatically. Amendments are picked up as they happen.
As invoices are generated, payments received, and usage recorded, Enso produces the corresponding journal entries in real time, including revenue, deferred revenue, AR, and tax.
When the period closes, the ledger is already current. Your team runs control and validation reports to confirm accuracy, then approves. The close is a 2-day sign-off on work that's already been done.
How close feels when the work is already done
- No more month-end scrambles
The data entry that used to define the first two weeks of the month runs automatically throughout it. When the period closes, the ledger is already current.
- Real-time financial visibility
A 10-day close means leadership is working from month-old data for a third of every month. With Enso posting entries throughout the period, the books reflect the current state on the first, not the tenth.
- Audit trail built in
Every journal entry links to the source contract, invoice, and payment event. Auditors can pull the full support trail for any entry directly from the system.
- No rework when contracts change
When a contract is amended, Enso picks it up and updates the revenue schedule in the next journal entry run. The close carries the correct numbers from the start.
Our month-end close used to take 8 days. With Enso posting entries continuously, we're down to 2 days, spent mostly on review and approval.
Common questions
- Most teams reach a 2–3 day close within their first full period on Enso. The first close typically takes longer as your team adjusts the review workflow. By the second or third period, the time comes down to review and sign-off since data assembly has been eliminated.
- No. Enso integrates with NetSuite, QuickBooks Online, and Zoho Books via native API connections. Journal entries post directly to your existing chart of accounts. Your ERP stays in place.
- Continuous accounting is the method of posting entries as transactions occur rather than in batches. Enso implements it as part of a complete order-to-cash layer, so the same system that generates invoices also posts the revenue entries. This avoids the need to manage a separate accounting automation tool.
- ASC 606 and IFRS 15 recognition schedules are calculated and updated automatically per contract. Deferred revenue balances decrease as performance obligations are fulfilled. The waterfall is always current, updated continuously as recognition events occur.
How fast can we realistically close with Enso?
Does this require replacing our ERP?
Is this the same as continuous accounting?
What about our revenue recognition schedules?
Related features
Ready to see it in action?
Book a 30-minute demo and see how Enso handles your specific billing and revenue workflows.
