Juni provides modern business banking solutions, unifying essential financial tools on a single platform. Since its founding in 2020, Juni has established itself as a trusted partner for some of Europe’s most popular consumer brands, achieving rapid growth across the EU.

Agile Operations Amid Rapid Growth

With a firm commitment to sustainable hiring and maintaining highly effective teams, Juni faced a challenge last year: increased volumes of transactions and workload for their finance team. To handle the increased workload without overextending its team, Juni’s finance leaders turned to cutting-edge AI tools like Stacks, an AI-native accounting platform, to automate repetitive tasks and improve operational efficiency.

Refocus of Work: From Reconciliations to Strategic Financial Partnership

As a fast-growing fintech, Juni processes a substantial volume of transactions every month. Traditional reconciliation workflows demanded significant time and manual effort. Enter Stacks’ AI-powered transaction matching module, which has transformed this critical process for the team.

In the first month post-implementation, the Stacks platform successfully automated 21 account reconciliations in a single day, achieving over 95% automation for standard transactions. This positive impact was felt immediately: saving the finance team 2 full days of work every month-end close, redirecting their efforts toward outlier analysis and strategic initiatives.

Anna S., Senior Accountant, shares:

“The Stacks AI transaction matching module has been a game changer for me. With 95% of standard transactions now automatically reconciled, I can focus on value-added activities like reviewing outlier or high-risk transactions and strategic planning instead of spending time on the repetitive tasks.”

Stacks Platform: Ease of Implementation and Customer Obsession 

The Stacks platform showcased its ease of implementation for the Juni team by connecting seamlessly to their Netsuite ERP system and being fully operational on the same day. From the very beginning of the partnership, the Juni finance team valued Stacks’ strong customer focus and quick, responsive support, working like an extension of their team to maximize platform use and swiftly resolve any questions.

Dionne E., Financial Control Lead, highlights:

“The collaboration with the Stacks team is fantastic. I don’t think I’ve ever written a message and waited more than a few hours for a response. Our interactions give me and my team confidence that Stacks is a genuine partner to us and will continue to grow with us. We feel the efficiency gains we made this year are just the tip of the iceberg too.”

Audit Readiness: Streamlined Year-End with Built-In Controls

Like many organizations, annual audits have historically been a challenging and resource-intensive process for the Juni team. For the finance team, audit season required an all-hands-on-deck approach, making it a time-consuming and draining exercise. The Stacks Workspace provides a centralized location evidencing their month-end close process and accounting reconciliations complete with preparer-reviewer workflows and audit history for each task. With secure access to the Stacks Workspace using their auditor profile, Juni’s external auditors can independently review selected account reconciliations and assess evidence of the internal controls environment. This streamlined, self-service approach is expected to save significant time for Juni’s finance team during this year’s audit cycle.

Dionne E., Financial Control Lead, again shares:

“Audit preparation used to be an all-consuming effort with the full team’s involvement. With the Stacks Workspace, we expect this year’s audit to be completed much faster and with less of my team’s time consumed. Our external auditors can review the account balances at their own pace and follow up when they need further clarifications. This, combined with the efficiencies gained in our month-end close process, will be an amazing win for us.”

Results: Driving Efficiency and Innovation with Stacks

In just a few months post-implementation, Juni has leveraged the Stacks Excel Assistant to automate uploading over 5,000 accounting records within 6 different financial processes, saving on average an additional day during each month-end close. The platform’s seamless integration in Excel and NetSuite has eliminated the manual journal entry uploading process and has immediate error detection within Juni’s accounting workpapers.

Ruben A., CFO at Juni, said:

“Since using Stacks, we've reduced the time to financial close by three and a half days, which is material in our case. And more importantly, we've been able to utilize resources more effectively.”

Looking forward

As the Stacks platform continues to expand its product offerings through 2025, Juni’s finance team is excited to adopt new modules, including cutting-edge accounting AI agents to further enhance their workflows. Both Stacks and Juni view their collaboration as just the beginning, with the shared vision of achieving a one-click financial close as the ultimate goal.

Ruben A., CFO at Juni, concludes:

“There were three aspects that stood out for us with Stacks. The first one was a very kind of honest discussion about what functionalities exist today and what is essentially coming. I think that is lacking from many other service providers. The second one was tech in general. It was impressive; and we think it was a clever solution that we have not witnessed in the market elsewhere. The third is the actual workflows and how teams come together to work together on the financial close process. There are a myriad of external project management tools, but the fact that you can link Stacks to specific events, journals, and tasks that are specific for the closing process was very powerful for us.”

With automation and innovation at the forefront, Juni and Stacks are building a future-ready finance function that supports growth, efficiency, and strategic decision-making.