Gappify provides a specialized accrual automation platform to help accounting teams accelerate the month-end close and improve audit results. While its interface can use some improvements, its powerful ability to simplify complex workflows and ensure SOX compliance which makes it a reliable choice for modern finance departments.
Gappify Specifications
Financial Reporting
Invoice Management
Expense Tracking
Audit Trails
What Is Gappify?
Gappify is a cloud-based accrual automation platform which is built to simplify workflows for accounting teams. The platform addresses the pain points of repetitive, manual accrual processes by automating vendor confirmations and internal purchase order (PO) reviews. Gappify features transform complex workflows into a simplified, compliant system, which significantly reduces audit risk and frees up finance professionals to focus on higher-value strategic analysis. The platform is a must-have for teams looking to shorten their close cycle.
Gappify Pricing
Gappify Integrations
The software supports integration with multiple systems and platforms, such as:
- SAP
- NetSuite
- Workday
- Coupa expenses
Who Is Gappify For?
The platform is ideal for a wide range of individuals and teams, including:
- Accounting teams
- Finance staff
- CFOs
- Mid-market firms
- Enterprises
Is Gappify Right For You?
Gappify is an excellent fit for accounting teams that are struggling with manual and high-risk accrual processes. The standout capability of the platform is its dedicated, end-to-end automation of the entire accrual workflow. Gappify software provides a compliant enterprise-grade platform to accelerate the month-end closing operations which makes it a dependable and scalable option for industry professionals.
Still unsure whether Gappify is the right choice? Connect with our customer support staff at (661) 384-7070 for further guidance.
Gappify Features
This feature is designed to put the entire vendor accrual process on autopilot, which can be a big help for accounting teams. It works by automating the routine task of chasing vendors for accrual estimates and tracking the responses. The goal is to free up time for more valuable activities and help ensure that things are handled smoothly.
With this feature, the system helps reinforce best practices around the procure-to-pay cycle. It provides a way to monitor PO compliance and can help to easily spot non-compliance issues. The aim is to influence good behavior and engagement with both vendors and internal business partners.
This capability helps in gaining a better understanding of vendor spending. It works to provide insights that allow the tracking and analysis of expenses, which can be useful for staying on top of costs. By providing this information, the platform is intended to help make more informed decisions and keep pace with the speed of business.
To help with preparing for audits, this feature provides system controls and creates robust audit trails. It helps to prove that a process is solid and helps to mitigate financial statement risk. It also assists in generating SOX-compliant journal entries, which is an important part of the process.
The Gappify Accrual Cloud is designed to act as a single, central place for all accrual data. It integrates with ERP and P2P systems to automatically pull in all the necessary information. This ensures that details like invoices and purchase orders are all captured in one easy-to-access location.