9-day close
From 12 to 3 business days end-to-end.
Altiverse Finance · Customer story
Vega Capital
Fintech · 480 employees · multi-entity
9-day
faster month-end close
96.2%
no-touch reconciliation rate
$1.4M
drift caught in Q1 alone
Mei-Lin Tan
CFO · Vega Capital
"Altiverse Finance turned our 12-day close into a 3-day close — and we saw the $1.4M drift weeks before our auditor would have."
The challenge
Where they were before.
Vega Capital's finance team had grown to 38 across 14 entities in 6 jurisdictions. Month-end close routinely ran 12 business days and consumed three full-time roles just on intercompany reconciliations.
Quarterly board reports were stale by the time they printed. The CFO needed continuous, audit-grade financial truth — not a quarterly snapshot reconstructed from spreadsheets and the prior month's emails.
The solution
What they shipped.
Vega deployed Altiverse Finance across the full hub — Ledger Cloud for multi-entity GL, AI Bookkeeping for continuous categorization, AP Autopilot for the 14,000 monthly bills, and Forecast Studio for live 13-week cash.
The team spent 6 weeks on connectors and clean-up. By week 8, they were running continuous books in parallel with the legacy close. By week 12, they'd retired the legacy close entirely.
Results
The outcomes that ship.
$1.4M drift caught Q1
Intercompany mispostings surfaced same-week instead of quarter-end.
96.2% no-touch
AI Bookkeeping handles the long tail; humans handle exceptions only.
Continuous audit trail
Auditor moved from sampling to read-only oversight — significantly less prep work.