How a national investment brokerage added reconciliation and close management without a second vendor
Started with Arvexi for lease accounting. Six months later, added account reconciliation and close management. Same platform, same AI, no migration required.
Most finance teams buy software one crisis at a time. Compliance deadline drives a lease tool. Audit finding drives a reconciliation tool. CFO frustration drives close management. Three vendors, three silos. This brokerage almost went down the same path, running two separate RFPs simultaneously.
One platform, discovered in stages
The initial engagement was lease accounting: 80+ office leases, ASC 842 compliance, six prior audit findings. Six-week implementation resolved the gap. But the same account reconciliation engine that handled lease accounts could handle every balance sheet account. The same Cortex AI could investigate any variance.
"We were already reconciling lease accounts in Arvexi," the controller says. "Why not reconcile everything here? Same data model, same AI. The only difference was scope."
Expansion without migration
Six months later, the controller activated full reconciliation and close management. No data migration. GL integration was already in place. Close management orchestrates 80 offices with tasks, dependencies, and approval chains. The expansion took two weeks of configuration, not two weeks of implementation.
Results
Close from 10 to 4 days. One vendor instead of two. One data model, one AI, one relationship. "The simplicity compounds," the controller says.
Explore how Arvexi's platform unifies lease accounting, account reconciliation, and close management in a single system.
We started with Arvexi for lease accounting. ASC 842 compliance was the urgent need. Six months later, we added reconciliation and close management. Same platform, same data model, same AI. No migration, no second vendor.
Controller
Financial Operations at National Investment Brokerage