Software development, SaaS and cloud providers have unique business models that focus on:
CAC – Client Acquisition Costs
Recurring income
R&D expense management
Annual maintenance and support agreements
Complex billing models
Project billing and accounting
Cost centre allocation of revenue and expenses
Want to know how Sage Intacct can benefit your SaaS, IT Services or Software Development Business? Simply get in touch with the Sage Intacct Team at Leverage Technologies.
SaaS and software development companies often use entry-level accounting solutions to try and solve complex billing and revenue recognition challenges. This creates manual workarounds and islands of information as users work in spreadsheets and manual systems.
Metrics for measuring success are very different to traditional business models. Traditional business models are about one-off sales, quotations, sales orders and delivery. SaaS and software development companies rely on automation of the quote to cash process and metrics outside of the standard P&L –
Customer Churn
New CMRR, New customers
CMRR, Customer renewal
CAC trend
Customer churn trend
Client Acquisition Costs
Revenue Churn
Avg new CMRR per customer
Committed monthly recurring revenue per customer
Sage Intacct is a cloud-first solution aimed at providing deep finance, project accounting and contract management functionality for IT Services, SaaS and software development companies. With Sage Intacct, you can automate tasks like:
Revenue recognition
Expense amortization
Recurring revenue
Subscriptions
Different billing types
The correct allocation of expense to revenue based on the timeline
Automate tasks and contract renewal information to ensure that your customers are invoiced on time, every time. Shorten your quote to cash timeframes with automation and collaboration tools built for your industry.
As a cloud-first solution, Sage Intacct is available as a SaaS subscription – helping you deploy the solution quickly to ensure a quick ROI.
If your business is using Salesforce© for CRM, Sage Intacct has pre-built connectors to Salesforce© to help further streamline your operations and information flow – from marketing and opportunity through to contract, invoice and cash collection.
Dashboards and KPIs that have been pre-configured for your finance team give you access to timely, accurate information – available anytime, anywhere.
SaaS and software development businesses want to focus on what’s important – developing great software, selling to excellent customers and collecting recurring income to enable further growth in a cloud-first world. Automating your financial and billing systems together with timely reporting and data analytics lets you focus on what is important to your business – your customers.
How software can help you overcome the challenges of consolidation today
The team at Leverage Technologies understand the importance of focussing on achieving business benefits for our customers. Our consultative approach to implementing Sage Intacct together with our fast track implementation methodologies allows us to implement Sage Intacct in short timeframes. A business benefits focus will enable your business to:
Make sure that statutory and management reporting is accurate
Improve quote to cash timeframes
Save time through automation
Improve cash flow through timely billing and contract renewals
Improve customer service through better reporting and analytics for improved decision making
If you want a demonstration of Sage Intacct or want to know more about Sage Intacct pricing and business benefits talk to the team at Leverage Technologies.
1300 045 046
