The controller's problem
You're responsible for the accuracy of the books and the speed of the close — with a team that's too small for the volume of work coming at it. Every month is a sprint. Every audit is a scramble. And every new entity, product line, or billing model adds more complexity to a stack that was already at its limit.
Campfire is built to give controllers their time back.
What gets automated
Bank reconciliation — Campfire matches bank transactions to GL entries automatically. Unmatched items surface for your review. 90% of bank rec time saved is the average. TwelveLabs: "Bank reconciliation was life-changing — eliminated 80% of our bandwidth."
Transaction categorization — Accounting Intelligence categorizes 40K+ transactions monthly at 95% accuracy, learning your vendors, accounts, and patterns. You clear a review queue instead of coding from scratch. "Categorizing transactions took an hour per line item; with Campfire we clear the entire list in 10 minutes." — TwelveLabs
Revenue recognition — Campfire pulls contract data from your CRM and runs ASC 606 schedules automatically, including amendments and renewals. The deferred revenue roll-forward is always current and audit-ready.
Accruals — Prepaid amortization, recurring accruals, and reversal entries post on schedule. You configure them once; Campfire runs them every period.
Intercompany — Intercompany transactions are matched automatically across entities and flagged for elimination in the consolidated view.
The close workflow
Campfire's built-in close checklist replaces FloQast, spreadsheet trackers, and the endless status-update emails. Tasks are assigned with due dates and tied to supporting documentation. You see exactly what's done and what's blocked — in real time.
Controllers on Campfire typically reduce close from 10–15 days to 3–5 days.
Audit readiness
Every transaction has a full trail from source system to GL entry. When auditors sample transactions, your team pulls the support directly from Campfire. No reconstruction, no searching through emails, no spreadsheet archaeology.
Controls that scale
As your company grows toward a funding round or IPO, the controls question gets urgent. Campfire has 1,000+ granular permission settings, configurable multi-level approval workflows, locked periods, and a global audit log. SOC 2 Type II certified. Built to pass a Big 4 ITGC audit.
Replace the tool stack
Most controllers are running their close across 3–5 disconnected tools: the GL, a rev rec spreadsheet or tool, FloQast for close management, a reporting tool, and manual processes holding it together.
Campfire replaces all of it. GL, revenue automation, close management, reporting, AI — one platform. Average savings of $100K+ annually in tools and avoided headcount.
Also relevant for
This page is relevant for accounting and control professionals across a range of titles including: Financial Controller, Corporate Controller, Corporate Financial Controller, Group Financial Controller, Senior Financial Controller, Interim Financial Controller, Assistant Controller, Head of Financial Control, and Head of Accounting.