Lockstep
in the News.

Lockstep is making news. As an industry thought leader, we are continually being featured in media outlets for original financially and accounting focused articles, interviews, webinars and podcasts.

Latest Accounting News

May 19, 2022

This Seattle startup backed by American Express wants to be the ‘LinkedIn of accounting’ – Seattle-area giants including Concur, Avalara, and DocuSign changed the way companies automate their essential business processes. Seattle-area giants including…

May 19, 2022

Lockstep launches new ‘Smart Inbox’ – Accounting workflow automation provider Lockstep announced the release of Lockstep Inbox, a free automated inbox application designed specifically for accountants. The solution streamlines workflows through a shared Accounting Inbox…

May 19, 2022

Lockstep Unveils First Smart Inbox for Accounting Teams. Lockstep, the leader in connected accounting, is unveiling Lockstep Inbox®, the industry’s first automated inbox for accounting teams. Lockstep Inbox is a free solution that streamlines accounting workflows with a shared…

May 17, 2022

The Late Payments and Cash Flow Cycle. It’s a challenge to stay ahead of the curve on late payments using manual accounts receivable (AR) processes. Manual AR activities tie your team up with low-value tasks, reducing the time available for collections and updating…

April 6, 2022

Removing the Barrier to Working Capital. Over the past 10 years, departments across the organization have leveraged automation to reduce manual workflows and improve efficiencies. At a time when companies utilize the powers of automation in everything from the IT…

Mar 15, 2022

Introducing next-gen connected accounting solutions. a successful company is fueled by good decisions. Although every business has an impact on the company’s growth, one cannot deny that some of the most important business decisions are associated with the company’s…

Mar 10, 2022

Fortis and Lockstep Partner to Offer ERP-Integrated Solutions for Automating Collections, Accepting Online Payments. Fortis, a payment and commerce technology leader for software providers, marketplaces, developers and businesses, announced its partnership with Lockstep…

Feb 23, 2022

Sales teams have Salesforce. Customer teams have Zendesk. Marketing teams have HubSpot and HR has Gusto. But accounting teams are left to make do with generic tools like email, spreadsheets, and PDFs. Why has accounting been overlooked? Accounting is perhaps the most…

Feb 10, 2022

Lockstep Named Most Promising Start-Up by Global Cloud Computing Awards. Connected Accounting Cloud Recognized for Demonstrated Success and Innovation – Lockstep, the leader in connected accounting, has been named Most Promising Start-Up in the international Cloud…

Feb 8, 2022

“Once the data-sharing pipeline is established, the trading partners can seamlessly access the relevant accounting data, including invoices, stored in their vendor’s and customer’s accounting system,” Horadan mentions in the piece. Lockstep has been named a 2022 Top…

Feb 4, 2022

Myth or Reality: B2B Marketing Shifting From Traditional to Modern-Day. Melissa Hendrick, EVP of Marketing at Lockstep, discusses the increasingly competitive markets, and for today’s modern-day B2B Marketing teams, it’s getting harder and harder to capture the…

Jan 24, 2022

Lockstep on Harnessing the Power of Virtual Cards to Improve AP Efficiency. More than 60% of finance professionals say their businesses have suffered vendor payment and invoice processing delays after going remote. In the B2B Digital Payments Tracker, Matthew Shanahan..

Jan 21, 2022

Lockstep Achieves Recognition for Innovations. Lockstep, a leader in connected accounting, has been named a winner of the “2022 BIG Innovation Award” by the Business Intelligence Group. The annual business awards program recognizes organizations for bringing…

Jan 21, 2022

“If you’re trying to grow , manual processes are the biggest challenges,” Shanahan explained. “Manual processes hold you back from
creating scale in your business. If you suddenly get 1,000 new customers, you add on 50 new vendors or you..

Jan 21, 2022

Lockstep on How Virtual Cards Can Help Businesses Optimize Billing Processes and Reduce Fraud. The pandemic accelerated the push for digital payments and emphasized the shortcomings of clunky, outdated manual processes for many firms. As a result, a growing…

Jan 21, 2022

Peter Horadan, CEO and Co-founder of Lockstep was also recently listed as a Best CEO of the Year by the Silicon Review. In 2022, we are going to double down on our progress so far on our mission of connecting the worlds accounting team…

Jan 20, 2022

Lockstep Receives Award for 2021 Achievements. Lockstep, a provider of connected accounting, has been named a winner of the 2022 BIG Innovation Award by the Business Intelligence Group. The annual business awards program recognizes organizations that are…

Jan 20, 2022

Lockstep processed $3.2 billion in invoices in December 2021 alone. Lockstep was acknowledged by Gartner in the “Market Guide for Integrated Invoice-To-Cash Applications,” and was named a Major Player in the IDC “MarketScape: Worldwide SaaS…

Jan 20, 2022

Lockstep Nabs Award Amid 2021 Achievements. Lockstep, the leader in connected accounting, today announced it has been named a winner of the 2022 BIG Innovation Award by the Business Intelligence Group. The annual business awards program recognizes organizations…

Jan 19, 2022

Seattle Inno picks 22 startups to watch in 2022. Seattle-area startups hit major milestones in 2021, between massive fundraisings, headcount growth and acquisitions. Given the frantic pace of tech growth, it’s unlikely we’ll see a lull in activity…

Jan 13, 2022

Peter Horadan named 30 Best CEOs of the Year 2022. From balancing his father’s columnar pads at age 12 to building some of the most-used financial software on Earth, Peter Horadan has been improvinmg accounting software his entire life.

Jan 13, 2022

Our Ability to Connect Accounting Teams will Lead to a Whole New Class of Applications’: Peter Horadan, CEO and Co-Founder of Lockstep®. Our Ability to Connect Accounting Teams will Lead to a Whole New Class of Applications’: Peter Horadan, CEO and Co-Founder…

Dec 15, 2021

Ensuring Invoice Accuracy to Avoid Late Payments & Disputes. Invoice accuracy is a necessity to ensure that your invoices are paid on-time. Inaccuracy can lead to invoice disputes and delays in payment. In turn, payment delays reduce cash-on-hand…

Nov 24, 2021

Starting a new position during a global pandemic isn’t necessarily ideal. After all, how do you connect with your new colleagues and learn the ropes of the organization — all remotely? Luckily enough, Melissa Hendrick had some experience that set her…

Nov 9, 2021

Paperless billing for Lockstep. The accounting platform developer has added a feature that allows customers to register themselves for an online account, moving them toward paperless billing and making sure companies have their latest contact information…

Nov 2, 2021

Finance’s Great Paper Problem. One of the biggest hurdles towards financial digitization is the lack of accurate customer contact information, leading to increased manual tasks, slower response and payment times, and increased dependency on paper…

Nov 2, 2021

Lockstep adds paperless billing feature. Lockstep, an accounting cloud solution provider, announced today that it now has paperless billing registration to add security and foster a more reliable, digital process. “One of the biggest challenges facing…

Nov 2, 2021

Paper-based AP and AR workflow processes result in an expensive and inefficient workflow between trading partners. Since Covid-19, many businesses now realize the importance of AR and AP automation processes to work better with customers and vendors…

Sept 28, 2021

Lockstep: Connecting disparate accounting processes. The pace of digitalization differs across different functional areas of business. “At Lockstep, we’re leveraging digital tools to reimagine how accounting teams connect their workflow to the workflow of their…

Sept 27, 2021

Accelerated Accounting: Boosting Finance Operations through Digital Transformation. Are the combination of spreadsheets, aging reports, and personal emails slowing your accounting workflow? Digital transformation has overtaken the corporate world. While all…

Sept 10, 2021

Seize the Automation Opportunity at Your Digital Front Door. The pandemic and its ongoing restrictions have created a challenging time for finance departments, especially the accounting function. Many organizations tried to adapt their legacy paper workflows…

Aug 25, 2021

How AR Creates Value For Accounting Through Data. When it comes to back-office digitization, Matthew Shanahan, chief strategy officer and co-founder of Lockstep, is seeing the same things many other business leaders have witnessed in the last two years: Market…

Aug 17, 2021

Lockstep Receives Strategic Investment From Amex Ventures. The platform, which integrates with cloud and on-premise Enterprise Resource Planning and accounting solutions, processes over $2.5B of invoices per month across four million accounting departments…

Aug 13, 2021

Accounting technology startup Lockstep, based in Washington state, did not reveal how much it secured from Amex Ventures, but noted the funding closed out its Series A+ round that brings the total raised by the startup to $17 million. The A+ round…

Aug 11, 2021

Lockstep secures funding from Amex Ventures. “Lockstep seeks to modernize businesses where it is needed most — accounting and finance departments,” Lindsay Fitzgerald, Managing Director at Amex Ventures, said in the press release. “By connecting AR and AP…

Aug 11, 2021

Lockstep, the world’s first connected accounting platform, today announced a strategic investment from Amex Ventures. The investment, which finishes out the A+ round, will be used to expand personnel in product, engineering, and marketing. The A+ round…

Aug 11, 2021

‘Connected accounting’ startup closes $13M funding round. Lockstep, which makes “connected accounting” software, has received a $2.5 million investment from Amex Ventures, closing out a $13 million Series A funding round. The investment will be…

Aug 11, 2021

American Express venture arm invests in Seattle accounting startup Lockstep. Amex Ventures, the venture arm of American Express, has made an undisclosed investment in Lockstep, a Seattle startup using software and the cloud to improve accounting…

Aug 11, 2021

Accounting startup Lockstep lands Amex investment, looks to double headcount again. Peter Horadan, CEO and co-founder of Lockstep, says Amex Ventures has been “extremely astute at picking the future of finance.” The investment, which finishes out the…

Aug 11, 2021

Lockstep Announces Strategic Investment From Amex Ventures. The investment, which finishes out the A+ round, will be used to expand personnel in product, engineering, and marketing. Lockstep announced their Series A in February of this year led by…

June 3, 2021

TITAN Business Awards (TITAN) has announced that Lockstep, the world’s first connected accounting platform, has decidedly won the TITAN Platinum award. Lockstep was selected based on its mission to connect the world’s accounting departments to help…

May 5th, 2021

Women in Procurement Wednesday: Rosalyn Curato on the important role others play in your career. Rosalyn Curato, the new Executive Vice President at the B2B accounting technology provider Lockstep, knows how important it is to advocate for yourself in…

May 4th, 2021

Hendrick brings a modern marketing approach to Lockstep, whose strategic and pragmatic approach bolsters brands and drives demand. “Melissa’s prior experience and expertise in marketing will help propel the company into our next phase of…

May 4th, 2021

“Melissa’s prior experience and expertise in marketing will help propel the company into our next phase of growth,” said Peter Horadan, CEO and co-founder of Lockstep. “Her professional acumen and keen strategic insights will help accelerate Lockstep’…

May 4th, 2021

“I look forward to raising awareness with CFOs and controllers of Lockstep’s ability to improve cash flow and efficiency. Lockstep’s unique approach to technology adoption, along with the track-record of the team, opens a door of opportunity that I…

May 4th, 2021

Lockstep Appoints Melissa Hendrick As EVP Of Marketing. Hendrick joins Lockstep as the former CMO of TeamSuport, an award winning B2B customer support solution. Prior to that position, she served as VP of Marketing at Yooz, the intelligent cloud-based…

May 4, 2021

Lockstep, the world’s first connected accounting cloud, today announced the appointment of Melissa Hendrick as its EVP of Marketing. As the newest member of the executive team, Hendrick will spearhead global customer acquisition through direct and…

March 15, 2021

Lockstep expands its executive team. This company specializing in cloud accounting capabilities announced the hire of two new additions to its executive team. Rosalyn Curato will be taking over as the executive vice president of customer…

Mar 12th, 2021

After raising $10M, accounting startup Lockstep makes 2 key hires. Rosalyn Curato, former chief customer officer at Allovue, is now Lockstep’s executive vice president of customer success, while Preethi Pragash, former vice president of finance at…

Mar 11th, 2021

“We are thrilled to add Rosalyn and Preethi’s deep experience in finance to our quickly growing team,” said Peter Horadan, Lockstep CEO. “Both of these roles are critical to our mission of helping the world’s accounting teams work better…

Mar 11th, 2021

Accounting software startup Lockstep hired Rosalyn Curato as EVP of customer success and Preethi Pragash as VP of finance. Headquartered in Seattle, Lockstep raised $10 million in a Series A funding round last month to expand its software and cloud-based…

Mar 11th, 2021

Lockstep, an accounting cloud developer, has announced the expansion of their leadership team with the new hires of Rosalyn Curato and Preethi Pragash. The news comes just weeks after the Seattle-based accounting platform closed its $10 million…

Feb 5th, 2021

B2B Marketplaces Attract New VC Funds. 2021 continues to be a busy year for B2B FinTechs and their investors, with this week securing nearly $300 million in combined funding for the sector. Newly-funded B2B startups include marketplaces offering…

Feb 3th, 2021

Connected Accounting Start-up Lockstep Closes $10-Million in Series A funding. “We believe Lockstep can modernize accounting by automating communications and providing online accounts for trading partners, helping companies seamlessly…

Feb 3th, 2021

“Lockstep surveys show that over 90% of the email addresses accounting departments use for transactions with trading partners have no automation to manage and retain data,” Pete Casella, Partner at Point72 Ventures, said in the press release…

Feb 3th, 2021

Lockstep raises $10M Series A funding round led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners. The Seattle-based company, which provides accounting technology solutions, aims to more than double its team…

Feb 3th, 2021

Accounting Startup Lockstep Aims to Double Team After $10M Raise. The new funding is earmarked for expanding product development and accelerating go-to-market initiatives. Seattle-based Lockstep was founded in order to streamline the B2B accounting process. Lockstep has created…

Feb 3th, 2021

Lockstep, a Seattle-based accounting solution, raised $10 million in Series A funding. Point72 Ventures led the round and was joined by investors including Clocktower Ventures and Revel Partners.) Despite the digital transformation wave, accounting teams remain…

Feb 3, 2021

Today, Lockstep announced the close of a $10 million Series A funding round led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners. Hiring Up to Eliminate Cash Traps and Leaks in B2B Accounting…

Feb 3, 2021

Accounting software startup Lockstep raises $10M to help businesses better manage cash flow. “We founded Lockstep on the belief that accounting deserves better tools to keep their books in sync with customers and vendors for reliable and…

Feb 3, 2021

Lockstep Closes $10M Series A – Despite the digital transformation wave, accounting teams remain the human glue between the books of buyers and sellers by manually transcribing paper, emails, and PDFs back and forth to their accounting systems…

Feb 3, 2021

Cloud AP/AR company Lockstep closes $10M in Series A funding. Circumstances around the COVID-19 pandemic have accelerated the final stages of cloud technology adoption, which is becoming ubiquitous in the remote work environment…

Feb 3, 2021

Lockstep, the world’s first connected accounting cloud, today announced the close of a $10 million Series A funding round led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners. Founded in 2019, Lockstep helps…

Feb 3, 2021

Cloud Accounting Startup Lockstep Closes $10M Series A Funding Round. Founded in 2019, Lockstep helps more than 180 customers process over 800 thousand invoices per month with almost 4 million entities. Lockstep integrates…

Dec 18th, 2020

Tech news: Lockstep app now available on Acumatica marketplace, and more. Lockstep, which makes cloud software for accounts receivable and payable, is now certified by and available on the Acumatica marketplace. Acumatica makes cloud-based enterprise…

Dec 17, 2020

Lockstep, the connected accounting cloud that speeds cash flow by 30 percent, today announced its partnership with Acumatica, and also that its premier product, Lockstep Collect, is now a certified application in the Acumatica Marketplace. Acumatica is the world’s…

Dec 17, 2020

IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Receivable Automation Applications for Midmarket 2020–2021 Vendor Assessment. This IDC study provides an assessment of the SaaS and cloud-enabled AR automation applications for midmarket and discusses…

Dec 17, 2020

Lockstep Announces Acumatica Partnership, App In Acumatica Marketplace. Lockstep, the connected accounting cloud that speeds cash flow by 30 percent, today announced its partnership with Acumatica, and also that Lockstep Collect, its premier…

Nov 17th, 2020

The pandemic has created a new normal that is forcing companies to change rapidly. Twilio recently surveyed over 2,500 enterprise decision makers about digital transformation and the results were undeniable; 97% of decision makers said the the pandemic has…

Oct 21, 2020

Lockstep debuts ‘accounting inbox’ for AR and AP. Lockstep has functions to assign work, create workflows, divide up work and track progress, all of which is visible within a shared team workspace. Lockstep also provides…

Oct 20, 2020

Lockstep Connected Accounting Cloud Emerges From Stealth. Lockstep, the connected accounting cloud that speeds cash flow by 30 percent, today announced its launch out of stealth mode. Founded in 2019 Lockstep is expanding its reach beyond…

Oct 20, 2020

Lockstep eliminates cash traps and creates team visibility into AR and AP from anywhere at any time. “Over the last decade we’ve seen all externally-facing departments – sales, support, customer success, marketing – use advanced email automation as…

Oct 20, 2020

Lockstep replaces personal inboxes with the first-ever accounting inbox for accounts receivable (AR) and accounts payable (AP). Lockstep makes it easy to assign work, create workflows, divvy up work and track progress, all visible within a s…

Oct 20, 2020

Founded in 2019 Lockstep is expanding its reach beyond its initial 200 customers and is already integrated with 40 accounting and enterprise resource planning (ERP) applications. The platform provides an accounting-specific inbox for…

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Lockstep
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