Language services leader accelerates month-end close by 66% with Intuit Enterprise Suite

Transforming language services with AI

Based in Austin, Texas, Lango is a mission-driven, AI-enabled language services leader that has rapidly scaled through the acquisition of seven businesses across the US. However, this growth created a labyrinth of fragmented data that threatened to stall operations. By transitioning to Intuit Enterprise Suite, Lango replaced a manual reporting nightmare with a robust consolidated financial platform, slashing aged accounts receivable from 22% to under 2%. Today, leadership and finance teams have the real-time visibility required to manage board expectations and complex debt covenants.

The risks of raising capital with manual data

For Lango CEO and Founder Josh Daneshforooz, rapid expansion via M&A was a double-edged sword. Each of the seven acquisitions brought its own QuickBooks instance, creating a “labyrinth of logins and a maze of manual mapping” in Excel. They’d outgrown QuickBooks and needed to consider an enterprise resource solution.

The significant time sink of even attempting to navigate finances across instances was compounding. The accounting team was losing 25–30% of their weekly capacity just trying to reconcile seven different spreadsheets for manual calculations, and because data was siloed, the month-end close often dragged on for 45 days. Daneshforooz says, “Without unified data, you can’t manage cash, you can’t manage growth, and you definitely can’t manage trust.”

Modern versus traditional ERP solutions

When Lango reached its breaking point, the traditional path was a migration to NetSuite. However, the logic didn’t hold up under CFO-level scrutiny. “NetSuite carried a hefty implementation fee and a recurring annual cost tens of thousands more than we were willing to spend,” Daneshforooz says, adding the system felt “old-school, and clunky,” lacking malleability.

Lango chose Intuit Enterprise Suite for three reasons: ease of use, cost-efficiency, and a consolidated multi-entity architecture. The Suite offered a seamless transition where new acquisitions could be “bolted on” simply by upgrading the Quickbooks Online account into their Intuit Enterprise Suite account. Instead of requiring what Daneshforooz describes as a “PhD to figure it out,” Intuit Enterprise Suite provided a unified environment where leadership and finance could easily toggle between a high-level summary and granular entity data.

Efficiency, velocity, and strategy at scale

The implementation of Intuit Enterprise Suite, specifically Multi-entity Consolidation and Custom Financial Roles, transformed Lango’s back office from an Excel center into a strategic asset through:

• Accounts Receivable optimization: With easy access to aged AR data across all brands, Lango reduced its 90-day+ outstanding balances from 22% to less than 2%. This immediately eased the strain on cash flow and optimized the cash conversion cycle.
• Operational efficiency: The automated consolidation of P&Ls and Balance Sheets saved the accounting team 25–30% of their time, allowing them to pivot from manual data entry to core strategic analysis.
• Closing velocity: Lango moved from a 45-day close to closing on the 15th of the month, a 66% acceleration, ensuring the board receives timely, actionable insights.
• Margin intelligence: By using Intuit Enterprise Suite to track billable utilization rates and cost of goods sold (COGS) at the entity level, Lango identified that its Arizona unit had low gross margins due to high contractor costs. This visibility allowed them to shift to an FTE (Full-Time Equivalent) model, significantly increasing profitability.

Simplicity at an enterprise level

With the financial foundation stabilized, Lango’s playbook for the future is built on simplicity. The company is currently targeting greater acquisitions and plans to use Intuit Enterprise Suite to incorporate them into the consolidated financials instantly.

Daneshforooz has set an aggressive goal: leveraging Intuit Enterprise Suite automation and AI to streamline the finance team while transaction volume continues to scale. By maintaining high margins on their technology products and AI-enabled services, Lango is positioned for immense immediate growth and a potential public offering down the road.

As Daneshforooz concludes, referencing a favorite Einstein principle, “I want a software platform that facilitates simplification. Intuit Enterprise Suite allows us to make everything as simple as possible, but not simpler.”