SaaS & Tech
Accounting Solutions

We’re experts in providing finance solutions for SaaS and technology businesses. Supporting the needs of a software-as-a-service business model, our accounting software will help to automate complex processes, whilst providing real-time visibility of critical SaaS metrics.

Financial Software
for SaaS Companies

As one of the fastest-growing industries, SaaS offers organisations enhanced levels of accessibility, simplicity and affordability. But the way SaaS and technology providers deliver their services can make their own accounting processes anything but simple.

Whether you’re a scaling start-up or an established enterprise, Sage Intacct is the SaaS accounting software that’s built to manage your SaaS and technology business. With integration as standard, our systems are uniquely configured to match your unique industry needs, delivering automation and control around billing, accounting and reporting.

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Benefits of Sage Intacct for SaaS & Tech:

  • Reduce quote-to-cash processing time by up to 60%
  • Cut the financial close by up to 79%
  • Increase operational cash flow by up to 20%
  • Grow up to 400% without additional financial headcount
  • Reduce revenue-forecast variances to less than 10%
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SaaS Accounting
for SaaS Providers

Sage Intacct offers the only ASC 606 cloud accounting and billing solution from quote to financial forecast.

It enables you to automate a single revenue stream throughout a customers lifecycle, saving hours of painstaking calculations, accelerating your close and reporting, improving accuracy and ensuring compliance.

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Sage Intacct Partner of the Year 2021

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Must Have
Features

SaaS and technology companies have particular accounting needs which are difficult to manage with generic accounting software. Operating a business with a subscription model, it’s important to have a software that can track monthly recurring revenue with capabilities for subscription billing and cash flow forecasting, as well as CRM integration.

Accounting Software for SaaS & Tech Providers

Scalability

Because most SaaS business models are growth orientated, SaaS and tech businesses require an accounting solution that can easily scale alongside the business. Sage Intacct is the easy-to-use cloud software that has been purposefully designed to grow with your needs. It’s intuitive modular design offers the flexibility to choose advanced functionality as you need it. Automating and streamlining key accounting processes so you’re always ready for what’s next.

Revenue Recognition

One of the most significant challenges for SaaS and tech providers is knowing when to recognise revenue. Deferred revenue, one-time start up fee’s, usage based billing and mid-term contract changes, are just a few of the complexities faced by SaaS finance teams. Our Sage Intacct solutions will automate your revenue recognition with accuracy, in line with ASC 606.

Salesforce Integration

The native integration between Sage Intacct and Salesforce CPQ, allows data to be shared between both systems in real-time. Your sales and finance teams can share up-to-date reports for accurate billing and improved customer service, meaning you can spend more time on higher-value, strategic activities.

ASC 606 & IFRS 15

The general rules of revenue recognition don’t apply to subscription based companies.

Under ASC 606 and IFRS 15, SaaS providers must recognise the revenue from services sold in increments over a contract’s life with a customer. This can however become complicated when taking into account scenarios such as subscription upgrades, downgrades, cancellations, and refunds.

ASC 606 provides a five-step framework for recognising revenue, to help eliminate some of the confusion in SaaS accounting practices and drive consistency in financial reporting.

Subscription Billing

ASC 606 five-step model:

Success Stories

Denbighshire Leisure Ltd

Denbighshire Leisure Ltd Digital Transformation

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Percipient and Denbighshire Leisure Case Study

LGH Hotels Management

LGH puts Sage X3 at Centre of Cloud Strategy

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Percipient Supports Sage X3 for LGH Hotel Management Group

Hastings Hotels

Hastings Hotels Boosts Efficiency with Sage Intacct

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Hastings Hotels Success Story

Let's Talk

We help SaaS and technology businesses to get the most out of their finance software.
Get in touch to request a demo or discuss how we can support your unique needs.

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Call us

01606 871332
10 Cheshire Avenue,
Cheshire Business Park, Northwich,
Cheshire, CW9 7UA

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