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Month-end close benchmarks for 2025

This report explores how long the month-end close process actually takes, where teams are getting stuck, and what finance leaders can do to close faster without compromising on accuracy.

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AI-powered automation for the finance workflows your ERP can’t handle

Ledge is the AI-powered accounting operations platform for finance teams juggling their ERP, banks, payment processors, and other systems. We automate the journal entries, cash application, and reconciliations your ERP wasn't built for. Live in under 6 weeks, fully finance-owned.

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Trusted by finance teams navigating growth & complexity

Automation that drives real outcomes

>95%
Time saved on manual reconciliation
>50%
Faster exception resolution
~2+
Days accelerated close

Stop fighting systems
Start scaling with fast, finance-owned automation

Close faster, without adding headcount

Automate payment reconciliation, cash application, account reconciliation, and journal entries with finance-owned rules and AI agents that handle the messy edge cases.

See your cash position in real time

Track every transaction, including funds in transit and fees, across systems, entities, and currencies, with full traceability.

Ensure accuracy from source to close

Ledge applies your logic consistently at scale, flags and resolves exceptions instantly, and gives you a complete audit trail - no manual cleanup required.

Stay agile - no IT required

Finance teams control the rules, update workflows, and own automation end-to-end, without relying on IT, consultants, or engineers.

Built for your most complex, multi-system accounting

Intelligent cash application
Multi-system reconciliation
Complex journal entries
Account reconciliation

Intelligent cash application

AI agents match incoming payments to open invoices, even with missing, messy, or multi-source remittances.

For AR teams buried in PDFs, emails, and portal exports.

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Multi-system reconciliation

Continuously reconcile transactions across banks, Payment Processors, your ERP, and internal data warehouses, no V-LOOKUPs or batch delays.

For controllers managing high-volume, fragmented payment ecosystems.

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Complex journal entries

Automate intercompany, FX, fee, and accrual entries, with finance-owned logic and built-in approvals.

For teams doing all the JE prep in Excel because NetSuite doesn’t handle the complexity upstream.

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Account reconciliation

Reconcile accounts by matching transactions across systems - bank, ERP, PSP, internal or other - by entity, GL account, and currency. Automatically.

For controllers managing multi-account or multi-entity close processes with manual Excel dependency.

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See Ledge in Action

How Papaya Global Revolutionized Their Bank Reconciliation

Read the Case Study
90% reduction in time
24/7 continuous close
Improved customer experience

AI-powered automation
Owned and controlled by finance

How it Works
Connect your stack - fast

Ledge plugs into your ERP (like NetSuite), banks, Payment Processors, and internal systems in days — no R&D or consultants required.

Match with AI + your rules

Our engine harmonizes messy, multi-source data and matches transactions using AI trained on your finance logic, with full control over rules, thresholds, and workflows.

Automate outputs

Ledge generates journal entries, flags exceptions, and applies cash in real time, all with built-in approvals, audit trails, and a live view of your reconciliation status and cash position.

Setup Complete

Built for modern finance teams

CFOs & VPs

Reduce risk, improve cash flow, and increase confidence

Controllers

Own the close process with fewer surprises

AR & Billing leads

Accelerate cash, keep aging clean, and stop chasing manual matches

Accounting team

Close faster and focus on insights, not just manual cleanup

Operations

Provide answers & close tickets fast

Your Team

More visibility & control without the R&D effort

Book a demo

Ready to eliminate manual finance work?

Book a demo to see how Ledge automates reconciliation, journal entries, and cash application, and helps you close faster without adding headcount.

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Ledge

We're on a mission to automate and simplify finance operations for teams working at scale.

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