Lockstep

Lockstep

Centralized receivables, payables management

About

Sage Network offers a conducive environment for professionals keen on contributing to the financial tech sector by optimizing receivables and payables workflows. With a strong focus on workflow automation and centralized management, the company stands out in improving working capital efficiency. This commitment to enhancing financial operations and supporting business growth makes it an ideal workplace for ambitious tech and finance professionals.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Enterprise Software, Fintech

Total Funding

$9.7M

Headquarters

Seattle, Washington

Founded

2023


Simplify Jobs

Simplify's Take

What believers are saying

  • Lockstep's integration with AI tools reduces errors and speeds up accounting processes.
  • The rise of cloud-based solutions offers Lockstep opportunities to expand its market reach.
  • Remote work trends increase demand for Lockstep's digital accounting solutions.

What critics are saying

  • Integration challenges with payment systems like Stripe could lead to customer dissatisfaction.
  • Sage Software's acquisition may disrupt Lockstep's operations and focus.
  • Free self-service portal could cannibalize revenue from existing paid services.

What makes Lockstep unique

  • Lockstep transforms email networks into trusted accounting system connections.
  • Lockstep automates AR and AP workflows, reducing manual errors and improving cash flow.
  • Lockstep's self-service portal enhances customer and vendor experiences with real-time capabilities.

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Benefits

Well established

Equity

work-life balance

Medical benefits

Growth

Remote environment

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