Rillet Opens in London to Help UK Finance Teams Close the Books in Real Time

In the UK, the finance department of a business may need up to 8.3 business days to close its books each month, according to a survey of US finance professionals in August 2026. This lengthy process results in a total of approximately 74 business days annually, or roughly three and a half months of time spent on wrapping up months that have already concluded.

To address this issue, Rillet, an AI-native ERP valued at $1 billion, is expanding its presence in the UK. The company has established a full local organization in London, employing UK-based hires in sales, deployment, and customer support roles. Rillet's AI technology aims to streamline the book closing process by working with the same records, controls, and audit trails as finance teams, thereby providing reliable data that can be acted upon and interacted with.