It was the end of the month. At a late-stage VC-backed business we currently work with, the finance and development teams locked horns in an accountability battle – a chaotic ‘Billing War.’ Spears were flung, and shields were raised. The finance team was agitated by the inaccuracies of an archaic billing system the developers had …
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Gone are the days when finance teams were happy being backstage coordinators, happy to hand in numbers when asked. They have clearly broken the mold to take center stage and become strategic partners for business growth. Today with businesses facing economic pressures, driving profitability by enabling efficient revenue practices has become more crucial than ever. …
Continue reading “How the Finance Team Drove IPO-readiness at a Leading SaaS Business”
Accounting software for your business can be an invaluable tool for managing your expenses, monitoring your financial health, paying taxes, and more. Or it can be a frustrating time suck. It all comes down to the tool you choose. For example: Does the software give you the information you need? Does your team have the …
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An organization’s cash flow is its lifeblood. And at its heart lies collecting dues on time. Improper accounts receivable management – either through manual processes or ineffective automation – can only complicate the process due to human errors, inaccuracies, and delays, leading to severely clogged collections. In the era of the shifting financial landscape, the …
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Run pricing and packaging experiments without developer dependency, expand into newer markets, improve your sales workflows, and move the needle on your top-line growth.
You convince yourself that your in-house billing system is fiiinnnee, until one day – it isn’t.
Why do you need recurring billing software? A payment gateway is enough, right? RIGHT?
Payment Reconciliation – Process, Best Practises & How to Automate it? Well, somewhere, a finance team is experiencing issues with their reconciliation right now. Whether that be discovering manual errors or realizing that something is missing because of a time zone difference, it is never a dull moment when it comes to reconciliation, especially if …
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What is Account Reconciliation? Account reconciliation is an essential part of accounting, and it’s something that everyone in the financial team has to deal with – from the controller to the accountants. Reconciliation is simple: it’s the process that compares internal financial statements against external statements from a bank or other financial institution, making sure …
How can you read the tea leaves and see into your company’s financial future, especially when it comes to the rise of subscriptions? As David Appel, the Head of Subscriptions & SaaS Vertical at Sage Intaact, cloud-based financial management, and services company, said, the future macro trends are already playing out in today’s market. “You’re …
It’s a regular Tuesday morning. Or at least you think it is until you realize it’s the end of the month, and it’s time to verify and send all of your invoices for the month manually.