A foundation built alongside the business
Mintlify chose Quanta when it had fewer than 10 employees and no accounting provider or process in place.
As Mintlify grew and launched usage-based AI products, Quanta adapted the accounting and reporting to keep up.
"The peace of mind is knowing that accounting isn't really an area I need to focus on. I can focus on the strategy piece of how we grow our business."
— Shawn Lestage, Chief Operating Officer, Mintlify
Financials structured around AI economics
Usage-based AI products brought new revenue streams to Mintlify's subscription business, along with the infrastructure costs that come with them.
Quanta categorizes that revenue and cost so Mintlify can see what each stream contributes to blended gross margin. That view shapes decisions on pricing, packaging, sales incentives and expansion.
"Understanding the contribution from each revenue stream into our blended gross margin is critically important. It has to make sense financially, and we're able to see that pretty clearly."
— Shawn Lestage
Reporting that supports business decisions
Shawn uses Quanta’s department-level P&Ls, balance sheets, and expense trends alongside CRM data, MRR reporting, and usage-revenue information in Mintlify’s monthly operating model.
When something changes, he can drill into the underlying activity instead of waiting for another spreadsheet or asking someone to reconstruct the number. The accounting reflects how Mintlify makes money, making the reporting useful for decisions beyond the close.
Closed by the fifth business day
Quanta closes Mintlify’s books by or before the fifth business day. That cadence has held as the company has grown and its accounting has become more sophisticated.
As Mintlify grown, Quanta has absorbed the increasing complexity while keeping the experience low-touch and the financials accessible.
“Close time has been huge. We’ve been able to close by the 5th business day”
— Shawn Lestage, Chief Operating Officer at Mintlify
