Startup Showcase: Lockstep – Revolutionizing Accounting Teams

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Lockstep, the Seattle-based startup, is changing the way accounting teams work by providing a platform that connects accounting systems and helps teams work better together. With a mission to make accounting more accurate, timely, and efficient, Lockstep is streamlining the accounting process and improving cash flow for businesses.

Revolutionizing Accounting Teams

The traditional method of accounting involves manually transcribing paper, email, and PDFs into an accounting system. This process is slow, error-prone, and can lead to cash traps in receivables and cash leaks in payables. Lockstep provides a better way to keep books up to date and cash flowing. Lockstep is re-imagining how accounting teams work by transforming the current network of emails into trusted connections between accounting systems.

Lockstep’s platform allows accounting teams to easily collaborate with each other and automate their workflows. The platform integrates with popular accounting software such as QuickBooks, Xero, and NetSuite, allowing teams to seamlessly exchange data and streamline their processes. This results in fewer errors, faster processing times, and improved cash flow.

Efficient and Accurate Accounting

Lockstep’s platform is designed to help accounting teams work more efficiently and accurately. The platform provides a centralized location for team members to communicate and collaborate, reducing the need for back-and-forth emails and manual data entry. This results in fewer errors and more accurate financial data.

In addition, Lockstep’s platform automates many of the accounting processes, such as invoice processing, bill payment, and reconciliation. This frees up staff to focus on high-value activities, such as financial analysis and strategic planning.

Improved Cash Flow

Lockstep’s platform not only improves the accuracy and efficiency of accounting teams, but it also improves cash flow. By automating the invoicing and bill payment process, Lockstep helps businesses get paid faster and avoid late fees. In addition, the platform helps identify and resolve discrepancies in financial data, preventing cash leaks in payables and cash traps in receivables.

Lockstep’s platform provides businesses with real-time visibility into their financial data, allowing them to make better-informed decisions. This results in improved financial performance and greater business success.

In Conclusion

Lockstep is revolutionizing the accounting industry by providing a platform that connects accounting systems and helps teams work better together. With its focus on accuracy, efficiency, and improved cash flow, Lockstep is helping businesses succeed in today’s fast-paced business environment.




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