How Slash runs a $140M fintech on a finance team of one
Thanks to DualEntry, we’re able to deal with all the nuances of our $140-million revenue business with a finance team of just one person. We’ve always prided ourselves on being lean and, now that we work with DualEntry, our goal is to be a $1-billion revenue business – and still have a finance team of just one.”
Overview
Slash is one of the fastest-growing fintech platforms in the U.S. — a modern banking product built for the next generation of entrepreneurs. Since its founding by Stanford and Waterloo dropouts Victor Cardenas and Kevin Bai, Slash has scaled to over $140 million in annual revenue, serving thousands of businesses with a zero-friction banking experience.
Lean by design, Slash has always prided itself on doing more with less. But as the business scaled, its finance function became the biggest test of that philosophy.
The problem
A $100M+ business running on a system built for a start up
As Slash grew past the $100M ARR threshold, the gaps in its legacy accounting setup became impossible to ignore. Reconciling a high volume of daily transactions manually, managing the operational complexity of a fintech operating across multiple payment flows, and doing it all with a skeleton team — it was a setup that didn't scale.
The finance team was spending its time on data entry, manual reconciliation, and chasing down discrepancies, rather than the strategic work that a fast-growing business actually needs from its finance function. Slash needed a system that could handle the complexity of its business without requiring the headcount to match.
The solution
An ERP that runs as lean as the team does
After evaluating its options, Slash moved to DualEntry — and went live in 24 hours with its complete accounting suite, historical data intact.
With DualEntry's AI-native automation handling the operational workload, Slash's single-person finance team can now manage the full complexity of a $140M revenue fintech:
- Bank matching and reconciliation handled automatically, cutting out hours of daily manual work across thousands of transactions
- Full GL, AR, AP, and reporting in one system, purpose-built for the nuances of high-transaction, fast-growth businesses
- NextDay Migration — full historical data migrated from the previous system in 24 hours, with zero implementation fees
Most companies at $140M have a finance department. Slash has a finance person. The difference isn't headcount — it's that their ERP actually works.
See insights on how
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By clicking "Schedule Demo" you agree to the use of your data in accordance with DualEntry's Privacy Notice, including for marketing purposes.