Finance ops · Production

Postscript cuts month-end close to 4 days with Rillet's AI-powered finance platform

The problem

Postscript's legacy GL could not handle their transaction volume, requiring aggregated revenue journal entries to keep pace, while AR aging was managed in Excel across separate QuickBooks instances with limited visibility, weak audit controls, and growing compliance risk.

First attempt

Postscript had a documented material weakness in journal entry approvals flagged by auditors, and ad hoc Excel-based workflows left the team exposed with no consistent controls or audit trail.

Workflow diagram · grounded in source
1
Multi-entity centralization
integration
“Postscript deployed Rillet across all four of its entities, rapidly centralizing financial operations into a single, intelligent system”
2
Broader stack integration
integration
“The accounting team was able to integrate Rillet seamlessly with its broader stack creating a more connected and automated financial environment”
3
Automated accounting functions
ai_action
“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”
4
Audit controls and approvals
validation
“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”
5
Close and audit output
output
“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”
Reported outcome

Rillet reduced Postscript's month-end close from more than 8 days to 4 days, and the team passed their first audit with no issues, with auditors noting improved traceability compared to legacy systems.

Reported metrics
Month-end close timemore than 8 days to 4 days
Implementation time45 days
Historical data imported5 years
Audit outcomepassed with no issues
Show all 8 reported metrics
month-end close timemore than 8 days to 4 days
implementation time45 days
historical data imported5 years
audit outcomepassed with no issues
material weakness resolutionresolved entirely
reporting qualityincreasing the quality of their reporting
multi-currency consolidationSeamless multi-currency consolidation
revenue recognitionAutomated revenue recognition
Reported stack
RilletQuickBooksExcel
Source
https://www.rillet.com/case-studies/how-postscript-cut-month-end-close-close-to-4-days
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Rillet reduced Postscript's month-end close from more than 8 days to 4 days, and the team passed their first audit with no issues, with auditors noting improved traceability compared to legacy systems.

What tools did this team use?

Rillet, QuickBooks, Excel.

What results were reported?

Month-end close time: more than 8 days to 4 days; Implementation time: 45 days; Historical data imported: 5 years; Audit outcome: passed with no issues (source-reported, not independently verified).

What failed first in this deployment?

Postscript had a documented material weakness in journal entry approvals flagged by auditors, and ad hoc Excel-based workflows left the team exposed with no consistent controls or audit trail.

How is this finance ops AI workflow structured?

Multi-entity centralization → Broader stack integration → Automated accounting functions → Audit controls and approvals → Close and audit output.

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