Case Study

Rapid growth demands robust financial management

Rapid growth demands robust financial management

Pages 4 Pages

Weave replaced QuickBooks with Sage Intacct to handle explosive growth and automate revenue recognition, billing, and reporting. The company achieved ROI in six months, scaled annual revenue growth of 100 percent, and expanded its customer base from 2,000 to 6,800 without adding accounting staff. Monthly close time dropped 75 percent, due-diligence reporting shrank from 3.5 months to three weeks, and real-time metrics improved decision-making. With better visibility, Weave raised its gross margin from 39 to 65 percent and built a scalable financial foundation for future IPO plans.

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