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How Postscript cut month-end close to 4 days with Rillet
50%
reduction in close time
45 days
to implement
Audit ready
from day one
50%
reduction in close time
45 days
to implement
Audit ready
from day one
Postscript is the leading SMS marketing platform supporting 25,000+ merchants and backed by investors including Y Combinator and Greylock, with over $100 million in revenue run rate.
Key pain points
- Four separate QuickBooks instances
- Excel-heavy reconciliations
- Limited audit controls
- Recent acquisition that added a global entity
Key results
- Seamless multi-currency consolidation
- Automated revenue recognition
- Fully prepared for audit
- Built to scale
“Our legacy GL couldn’t handle the volume of transactions we were processing each month, so we had to make aggregated revenue journal entries just to keep up. AR and customer aging were all managed in Excel, which made reporting and analysis especially painful and left us with limited visibility and growing risk.” - Chris, SVP Finance, Postscript
Why They Chose Rillet
Despite reviewing a range of well-known legacy tools and emerging solutions, Postscript found Rillet to be the only one built by accountants and for accountants.
What stood out about Rillet:
- 45 day implementation, vs. 7+ months for NetSuite.
- Ability to bring in 5 years of historical data which is critical for a company of their scale.
- Rillet is a team of accountants that truly understands accounting and finance pain points.
- AI-powered workflows that complemented Postscript’s expertise.
“Other tools we looked at were either too founder-focused, which is great for getting started, but not built for operational rigor, or they took forever to implement with timelines stretching into months. We needed something that could scale with us and deliver real accounting depth from day one. Rillet gave us that. It had the right combination of speed, structure, and financial intelligence to support our complexity without slowing us down." - Chris, SVP Finance, Postscript
The Solution: Scalable, Automated, Integrated Finance
Postscript deployed Rillet across all four of its entities, rapidly centralizing financial operations into a single, intelligent system. Within just a few days, Rillet began managing the company’s complex multi-entity structure, something that previously required fragmented tools and manual oversight.
The accounting team was able to integrate Rillet seamlessly with its broader stack creating a more connected and automated financial environment.
With these integrations in place, Rillet took over critical functions such as automated fixed asset tracking, capitalized software amortization, and sub-ledger scheduling, tasks that were previously managed in spreadsheets. Most importantly, Rillet gave Postscript the controls, structure, and transparency their auditors needed to see. Features like journal entry approvals, automated sub-ledgers, and consistent audit trails replaced the ad hoc, Excel-based workflows that previously left the team exposed. During their first audit on Rillet, conducted by BDO, the process went smoothly, with auditors noting how much easier it was to trace and validate transactions with Rillet’s subledgers compared to many legacy systems.
Crucially, what would have previously triggered issues during an audit was now under control. A material weakness related to journal entry approvals that had been flagged in the past was resolved entirely using Rillet’s built-in controls. The result was an audit that not only passed without friction, but helped cement Postscript’s confidence in its ability to scale with governance and credibility.
Rillet’s automations and integrations enabled the PostScript team to reduce their time to close from more than 8 days to 4 days while increasing the quality of their reporting.
“We passed our first audit on Rillet with no issues. That alone made the switch worth it.” - Chris, SVP Finance, Postscript
