Case Study Deskcasestudydesk.com
Supply Chain SoftwareSourced

Case Study: Extensiv supports 250% ARR growth and a five-day revenue close with Maxio

Extensiv Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Extensiv
Industry
Supply Chain Software
Challenge
Scaling subscription finance operations during rapid growth
Headline result
Extensiv grew ARR 250% since 2019 while closing revenue in five days and reporting flash bookings within two days of month end using Maxio

Key results

+250%
ARR growth
since implementing Maxio in 2019
2 days
Flash bookings reporting
after month end
5 days
Revenue close time

The challenge

As Extensiv scaled its subscription business, it needed to manage billing, revenue recognition, and SaaS metrics reporting across a growing customer base. Manual financial processes would not scale with rapid ARR growth.

The solution

Extensiv implemented Maxio in 2019 to manage subscription billing and revenue recognition, integrated with NetSuite, Salesforce, Avalara, and Stripe.

“Our team is able to report on flash bookings within two days of month end, and we are able to close revenue within five days as a result of implementing Maxio.”

AC
Antonietta Ciccone
Director of Corporate Revenue Accounting, Extensiv

The results, in context

Since implementing Maxio in 2019, Extensiv has grown ARR by 250%. The team reports flash bookings within two days of month end and closes revenue within five days.

Products used

Maxio Maxio