Digits

Closing the books takes 10 days every month

Sam points out the hidden operational pain that motivates accounting startups like Digits: it takes one employee about 10 days to close the books each month, so he doesn't see revenue and expenses until the 10th.

“Closing our books takes about one person like 10, 10 days. So I don't get our revenue and our expenses until the 10th of the month.”