Continuous Close | Real-Time Accounting Architecture by Rillet

Continuous Close

Your close shouldn't be a project

Legacy ERPs batch your transactions and process them at month-end. Rillet processes everything the moment it arrives. Here's what that changes.

The old way

Periodic Close

Month timeline

< Data blackout (20 days)

Bills pile up all month

Every transaction waits in a queue.

Month-end: run batch amortization

Then allocation. Then accruals. Then recon.

Errors surface when there's no time to fix them.

Books closed on day 15

Reporting data that's 30 days old.

Days to close: 8

The Rillet way

Continuous Close

Month Timeline: every day is closed

Books closed every day

Bill syncs > instantly processed

Amortization, allocation, accruals post in real-time.

AI surfaces accruals & anomalies

Errors caught when small, not after compounding.

P&L accurate right now

Real-time data. Every day of the month.

Days to close: 0

Stop closing your books. Start running them.

Zero-Day Close

The fastest-growing companies trust Rillet to close their books continuously.

Who it's for

CFO / VP Finance

Answer board and business questions the same day they're asked.

FP&A

No more weeks of manual data assembly before planning begins.

Controller

Stop rebuilding the same data every month. The system processes continuously so you review.

Customer story

What happens when your team gets the time back?

"Rillet has been a total game changer for us. Their automations for revenue recognition, prepaid amortization, and cash reconciliation have shaved at least two days off our month-end close."

50 → 30 days

DSO reduction Redesigned collections process with consistent monitoring

80%

Gross margin target established Built pricing framework where none existed

Weekly

Cash visibility for leadership Automated 13-week cash flow model from live data

What Continuous Close looks like in practice

One bill. Every downstream process. Instantly.

  1. Record + Allocate
    The AP bill is recorded, department allocations are created, and journal entries post.

  2. Amortize + Accrue
    Prepaid schedules are generated. AI scans for missed prepaids across your ledger.

  3. Reconcile + Flag
    Reconciliations update in real time. Review control agents flag unusual items immediately.

FAQs

What is Continuous Close, exactly?

Our system where transactions are fully processed the moment they arrive so the ledger is accurate, complete, and reviewable at all times. Month-end becomes a confirmation, not a scramble.

Doesn't this break internal controls?

The opposite. Controls move upstream. They're enforced at transaction entry, not detected at month-end.

Can I add continuous close to my existing ERP?

No. It requires a fundamentally different ledger architecture.

Does AI post all my journal entries?

No. Your team still reviews, approves, and exercises judgment. AI makes posting faster and more accurate.

Will my auditors accept this approach?

Auditors care about accuracy, documentation, and reviewability.