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What is the SaaS Magic Number and How Do You Calculate It?

Stax

“A man who stops advertising to save money is like a man who stops a clock to save time,” – Henry Ford In 1913, Henry Ford brought the assembly line to the automobile industry, because he knew that prioritizing efficiency in his plants would make him more profitable. What is the SaaS Magic Number?

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Subscription Billing for Businesses: Everything You Need to Know

Stax

This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. They were able to sign up for subscription-based services for things like groceries, cosmetics, clothing, etc. The alternative? What Is Recurring Billing?

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How to Automate your SaaS Expenses with Quickbooks Bank Rules

Baremetrics

Automating the categorization of your recurring expenses will enable more accurate financial projections and faster closing of the books. This post is part of a series for SaaS CEOs and Founders on organizing SaaS Chart of Accounts. One of the most common mistakes that we see with SaaS Financials can be fixed with bank rules.

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7 Best SaaS Accounting Software Solutions: In-Depth Guide

FastSpring

SaaS accounting software can help you automate: Recurring invoicing. Payment processing. Payment reconciliation. Payment reminders. And more … However, it’s almost impossible to find one accounting software solution that satisfies all your needs as a SaaS company. Global payment processing.

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12 Go-To-Market (GTM) Metrics You Should Track for SaaS

User Pilot

So, let’s start with the basics: TL;DR A Go-To-Market (GTM) strategy is an action plan that outlines the time, the place, the positioning, the audience, and the goal of a new product or service. There are 12 essential GTM metrics that every SaaS should know about: New user growth rate. Customer acquisition cost. Demo bookings.

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SaaS Tools for Business Growth: Five Essentials You Must Have

Totango

SaaS Tools to Jumpstart Your Business Growth: Five Essential Apps. Software-as-a-Service ( SaaS ) tools automate your business functions, fueling your growth by increasing efficiency. Here we’ll guide you through the essential SaaS tools you need for business growth. What Are SaaS Tools? Payment processing.

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The SaaS Financial Model You’ll Actually Update (Updated 2019)

Baremetrics

Since the original version of this post from early 2017, we’ve worked with many more SaaS companies and a common theme has been moving companies from a starter template to a more robust financial model. This model allowed me to work with dozens of SaaS startups using spreadsheets, while we built our financial modeling software Flightpath.