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The Top 10 Important Finance Mistakes First Time Founders Make

SaaStr

SaaS accounting and finance has gotten pretty complicated, and the impacts of getting it wrong have gone up substantially. Was it misunderstanding bookings vs. ARR vs. GAAP revenue, was that the issue? But in SaaS, once you even get to about $2m ARR — it’s time to get your finances in order. Cash is king.

Finance 323
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Thanks to Maxio, Merge, Orum, SalesIntel, and Vendr for Sponsoring SaaStr Annual 2023!

SaaStr

At Maxio , we help B2B SaaS companies unlock their next stage of growth. Our financial operations platform is designed to meet the unique financial challenges of B2B SaaS, including billing, subscription management, revenue and expense recognition, and SaaS analytics. Instant live customer conversations!

Scale 202
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No, Free Pilots and Free Trials Aren’t Revenue. Keep it Simple — And Real.

SaaStr

Q: Can SaaS free pilots and trials periods count towards gross revenue then deducted as a marketing expense? If it’s truly free — it isn’t revenue. Third, if you want credit for deals with future contracted revenue, but without immediate revenue — add a new metric “contracted revenue” and carefully explain it.

Revenue 263
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How to Choose SaaS Billing Software

Baremetrics

Before reading through yet another “Top-29 SaaS billing platforms” feature comparison post, decide how you want the billing tool to play with the rest of your operations stack. This post is part of an ongoing series for SaaS founders and CEOs on setting up their financial stack in a scalable manner. You want the right tool for the job.

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You’re Holding Your Business Back If You’re Not Automating These 5 Processes

SaaStr

But—and no one knows this better than you—SaaS solutions can save your team so much time. Your accounting team hasn’t either. When you have nexus in multiple states and potentially thousands of tax jurisdictions (as is often the case for SaaS companies with large markets), the risk of human error and resulting penalties is immense.

Business 314
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Key Definitions in Subscription Billing: Demystifying the Jargon

Blulogix

It’s the engine that drives revenue predictability and customer relationships. Recurring Revenue Definition: Recurring revenue refers to the portion of a company’s total revenue that comes from subscription-based products or services. Importance: A high churn rate can erode your recurring revenue quickly.

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4 Reasons SaaS Startup CFOs Need a Tech Stack Built for a Subscription Business

OPEXEngine

As your SaaS company grows in complexity and expectations, you reach a point where manual processes waste time away from analysis, and you struggle to collect and act on your growing range of financial and operating data. But you can hardly fuel your growth and need for accountability and transparency by simply automating the minimum.