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Campfire

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Native ERP for Multi-Entity Accounting and Month-End Close - Campfire

What is Campfire?

Campfire is an AI-native ERP that handles the heavy lifting of modern accounting, from bank reconciliations to revenue recognition. By using autonomous agents to catch anomalies and automate month-end workflows, it lets lean finance teams close books days faster without adding headcount.

Features

Overview

Campfire is an AI-native ERP for finance teams that need general ledger accounting and a faster month-end close. Made by Campfire Software, Inc., it combines general ledger, revenue automation, real-time reporting, and close management in one platform.

It automates high-volume work such as bank transaction matching, duplicate detection, and revenue recognition. Teams can consolidate entities across 180+ currencies without merging spreadsheets or logging into separate instances.

Campfire uses a model trained on millions of real accounting transactions instead of a general-purpose language model. Its assistant, Ember, answers financial questions with source-attributed data.

Users set confidence thresholds for automation, and every AI action carries an audit trail. Campfire reports that PostHog cut 5 to 6 days from its close and Flex reduced close time by 70%.

Pricing

Campfire does not publish pricing. No free plan, free trial, paid tier prices, or usage-based rates appear in public materials. Cost estimates require booking a demo with the Campfire team. Plan names and usage limits are not publicly listed.

* Disclaimer: Please note that pricing information may not be up to date. For the most accurate and current pricing details, refer to the official website.

Key Features

  • Real-time general ledger with continuous reconciliation

  • Consolidation across unlimited entities and 180+ currencies

  • ASC 606 revenue automation for four billing models

  • Ember assistant for source-attributed financial queries

  • Drag-and-drop dashboards with drill-down to transactions

Use Cases

01

Shortening the Month-End Close

Built-in checklists and always-running agents match payments to invoices in the background. Accountants review flagged anomalies instead of matching by hand.

02

Replacing Spreadsheet Consolidation

A company with global subsidiaries rolls every entity into one dashboard. This removes separate logins and offline currency conversions.

03

Recognizing Hybrid Billing Revenue

A business mixing subscriptions, milestones, and usage billing applies pricing tiers to raw usage data. Campfire handles contract modifications, performance obligations, and deferred revenue schedules.

04

Explaining Variances for Boards

The flux analysis agent writes commentary on material changes across GL accounts or departments. Output is export-ready for board decks and audits.

05

Answering Executive Burn Questions

A founder asks Ember to show burn by department. The answer links back to source transactions, so the finance team skips a custom report.

Strengths & Weaknesses

Strengths

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Uses an accounting-specific AI model trained on real transactions.

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Consolidates unlimited entities in a single instance without manual currency conversion.

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Offers over 1,200 permission settings and adjustable automation confidence thresholds.

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Holds SOC 1 and SOC 2 certifications and logs an audit trail for every AI action.

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Supports subscription, usage-based, milestone, and transaction billing under ASC 606 and IFRS 15.

Weaknesses

Pricing is not published, so any cost estimate requires a demo.

No free trial or self-serve signup exists, which slows testing for small teams.

Public materials describe no inventory or manufacturing modules, so product businesses may need a separate operations system.

Third-party reviewers report a learning curve for accountants used to legacy software.

Who Is This For?

High-growth SaaS companies: ASC 606 support, ARR waterfalls, and churn analysis fit subscription and usage-based revenue models.

Multinational finance teams: Real-time consolidation removes separate software instances and offline data work across subsidiaries.

Lean finance teams: Always-running agents handle categorization and reconciliation, so revenue can grow without matching accounting headcount.

Controllers facing audits: SOC certifications and audit trails support SOX-related evidence requests.

Frequently Asked Questions

Which accounting standards does Campfire support?

Campfire is ASC 606 and IFRS 15 compliant. It also provides the audit trails needed for SOX compliance.

How do I start evaluating Campfire?

Book a demo through the website. Campfire lists no free trial or self-serve signup.

What does implementation involve?

Campfire describes a white-glove process. Its team helps map your chart of accounts, set up entities, and define revenue policies.

Does Campfire train its AI on my proprietary data?

No. Campfire states there is no training on your proprietary data.

How much control do I have over AI actions?

You set confidence thresholds for what agents apply automatically. Users review and approve agent actions before they post.

How does Campfire handle accounts receivable?

It sends invoice reminders and matches cash to invoices. Automated collections and dunning keep receivables current.

How does Campfire manage accruals?

It calculates pro-rated amounts, keeps prior-period balances, and creates reversal entries automatically.

Which companies use Campfire?

Campfire lists Framer, Replit, PostHog, G2, Klarity, and TwelveLabs among its customers. Klarity reports saving 80+ hours monthly, and TwelveLabs reports saving $300k.

Campfire lists 100+ native integrations covering banks, billing systems, HRIS, and data warehouses. Named examples include Stripe for payment sync and Metronome for usage-based pricing. Harvest supplies usage tracking, while Snowflake and Looker support data warehouse workflows. Slack sends notifications for flagged transactions and completed close tasks. A full directory is not shown on the core pages.

Integrations