CUSTOMERS · CASE STUDIES · CLOSE METRICS

1,400 finance teams. One audit-ready ledger.

From Series A startups to public-company controllers, Beacon is the system of record for the close. Below, the teams who closed faster, cleaner, and with fewer post-close adjustments.

ReconciledA clear view of the close

A few of the teams running their close on Beacon

Customer · Atlas Robotics, Series C

We used to spend the first ten days of every month tying out subledgers in a shared spreadsheet that nobody really trusted. Beacon made the close honest. The first time we hit a hard close on day three, our auditor asked what we'd changed. We told them — we changed the system.

Priya Vasquez
VP Finance Atlas Robotics

AGGREGATE · ACROSS 1,400 ACCOUNTS

What changes when the ledger becomes infrastructure.

4.1 days
Median time to close
Down from 9.6 days on legacy stacks
96%
Net retention, trailing 12 months
Customers expand entities, not seats
0
Restated quarters, since launch
Across all 1,400 production accounts
6
Big Four engagements completed
Read-only auditor views, scoped per period

Customer · Tessera, Series E

We migrated mid-quarter — which everyone told us not to do — and Beacon's team ran a parallel close alongside our legacy GL for the cutover month. The numbers tied. Our audit committee saw both books. They signed off the same week.

Daniela Frasier
Chief Accounting Officer Tessera

HOW THEY USE IT

The patterns that show up in every close.

Across 1,400 finance teams, the workflows look more alike than you'd expect. These are the four most-used Beacon capabilities by closed dollars in 2025.

USE-01

Continuous reconciliation

Bank, payroll, and card subledgers tie to the GL on the same wall clock. The first business day's report is the close.

  • Live two-way sync · Tessera, Halcyon
  • Variance flux notes attached automatically
  • Auditor views scoped per period
USE-02

Multi-entity rollups

Holding-co consolidation in one posting graph. No CSV gymnastics. FX rates sealed daily from XE.

  • Intercompany auto-elimination
  • 30+ entities live at Folio Health
  • Per-entity audit trails
USE-03

Revenue recognition

Schedules generated from contracts, not from spreadsheets. Mid-period modifications post against the right period.

  • ASC 606 + IFRS 15
  • Conduit, Maxio, Recurly two-way sync
  • Backed by Big Four-reviewed working papers
USE-04

AP & expense controls

Approval workflows defined as code, not lookup tables. Vendor 1099 + W-9 capture on the same flow.

  • Saved 3.4 FTE hours per close (Folio)
  • Live 2-way sync with Tessera & Halcyon
  • Approval routing as YAML