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5 Interesting Learnings From Salesforce at $24B+ ARR

SaaStr

This trend has been true for a while, and now both its Service Cloud and its Platform group are bigger and faster growing than the classic CRM product we all know and use. It’s super interesting that today, Salesforce is more of a Service Cloud than a Sales Cloud. Service is bigger and faster growing.

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What were the effects on Adobe’s finances when they switched from a licence purchase to a subscription model?

SaaStr

Revenue run rate grew from $4 billion in 2012 to an estimated $14 billion in 2020 (!). We all underestimated the force the Cloud would become. Adobe was essentially stagnant for the better part of the Decade before going all-in on Cloud around 2012. Way underestimated.

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Rev Up Your Business with Revenue Intelligence: The Power of Deferred Revenue and Expansion Revenue

SmartKarrot

This is where revenue intelligence comes into play, helping companies to gain valuable insights into their revenue performance, identify growth opportunities, and drive profitability. In this blog, we will explore two key areas of revenue intelligence: deferred revenue and expansion revenue.

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SaaS Sales Tax and What You Need to Know [2020] | ProfitWell

ProfitWell

Software accessed by the cloud Here is what we refer to when we talk about software-as-a-service. New York New York's Department of Taxation and Finance has issued several opinions stating that cloud-based software is taxable and therefore requires you to collect sales tax on SaaS products. 21 states that tax SaaS sales in 2020.

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The 14 best SaaS tools: analytics, accounting, pricing, and retention

ProfitWell

Simplify accounting: Accounting can be a far bigger pain in the SaaS industry than other businesses, due to deferred revenue and other delayed revenue forms being common. Accounting software will keep all revenue assets organized. Quickbooks offers on-premise accounting applications and cloud-based versions.

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Balancing SaaS Growth and Profits to Maximize SaaS Company Valuation

OPEXEngine

For SaaS companies, the investment is not recouped until after years of initial SaaS revenues. Deferred Revenue = Deferred Profits. SaaS companies have similar up-front revenue acquisition expenses as product sale companies, but these up-front investments coupled with long-term returns delays the revenue and profits.

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Xero vs QuickBooks Online: Which Accounting Software is Best for Your Business?

Stax

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. TL;DR Xero and Quickbooks are two of the most popular cloud-based accounting platforms. Examining reviews of Xero vs QuickBooks Online can often lead to more confusion.