The Challenge
The startup had been tracking revenue on a cash basis, had no deferred revenue calculations, and their MRR/ARR metrics didn't match their P&L. Investors needed GAAP-compliant financials within 45 days.
Our Solution
Twelix restructured their books to accrual basis, implemented ASC 606 revenue recognition, set up proper deferred revenue schedules, and created a metrics dashboard showing MRR, churn, and LTV/CAC alongside clean financials.
The Results
The startup passed due diligence and closed their Series A. The CFO-level reporting Twelix set up is now a permanent part of their board reporting package.
"Our investors said our financials were the cleanest they'd seen from a seed-stage company. That's all Twelix."
Jason K. · SaaS Founder
Your Business Could Be Next
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