Last Updated
Overview
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.
Overall Rating
Based on 1 users reviews
4
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
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
Automated Vendor Accruals
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.
PO Compliance Monitoring
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.
Vendor Spend Insights
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.
Audit Trails And SOX-Compliant Journal Entries
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.
Single Source of Truth
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.
Pros And Cons of Gappify
Pros
Better visibility into vendor spending for forecasting
Automation of communication with vendors for confirmation
Simplified management of accrual-related processes
Cons
Some internal processes may need adjustment
The quality of output may rely on source data accuracy
Gappify Reviews
Total 1 reviews
4
All reviews are from verified customers
Rating Distribution
5
Stars0%
4
Stars100%
3
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2
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1
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Share your experience
Mid Market, 500+ employees
“reliable accrual process control”
Pros
Managing accruals and follow ups has become much more consistent with this software. It helps turn a messy chaotic accrual process into something organized and repeatable for the whole organization.
Cons
The visual design could definitely be improved. It isn't very appealing to look at.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
9
Functionality
8
Frequently Asked Questions
What other apps does Gappify integrate with?
Gappify integrates with multiple platforms such as Workday, Coupa expenses, NetSuite, and SAP.
Does Gappify have a mobile app?
Information regarding a dedicated mobile app is not specified.
What types of pricing plans does Gappify offer?
The vendor offers customized pricing plans, depending on the unique requirements of businesses. Users can reach out for a tailored Gappify price quote based on their business requirements.
Does Gappify offer an API?
Yes, Gappify provides an API.
What language does Gappify support?
Gappify currently supports the English language.
Who are the typical users of Gappify?
The platform is typically used by finance staff, CFOs, and accounting teams in mid-market firms and enterprises.
What level of support does Gappify offer?
Gappify offers support through email, contact forms, and phone.