SaaSOptics

JANUARY 9, 2020

What if I told you that we have 1 full-time finance team member managing revenue operations with over 80 employees and 650+ customers? One person to manage expense reports, commissions, billing and invoicing, cap tables, revenue recognition, deferred revenue and more. Subscription Management ( SaaSOptics )

Payment Features 77

Payment Features Deferred Revenue Scale Finance 77

SmartKarrot

APRIL 21, 2023

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.

Deferred Revenue 10

Deferred Revenue Payments Revenue Payment Solutions 10

SaaSOptics

MAY 18, 2018

Managing subscriptions in a global economy doesn’t have to be scary. To compound matters, the finance team is frequently the most under-resourced department in a growing SaaS business. But it sure feels that way sometimes.

Deferred Revenue 40

Deferred Revenue Revenue Finance Subscription 40

OPEXEngine

SEPTEMBER 21, 2021

All the money generated from the sale of goods or services by a business is called revenue. For example, in a SaaS company, revenue would be from the sale of monthly or annual subscriptions. Revenue is different from income, which is a concept on its own but often gets used interchangeably.

Payments 52

Payments SaaS Payments Revenue Deferred Revenue 52

Kellblog

AUGUST 7, 2019

Payment structure. $1M. GAAP revenue. $1M. GAAP unbilled deferred revenue. $5M. ASC 606 revenue. $2M. ASC 606 revenue backlog. $4M. When I look at this is I see: GAAP is being conservative and saying “no cash, no revenue.” The ramped shape of the curve is not about financing at all.

Deferred Revenue 74

Deferred Revenue Pricing Payments SaaS Payments 74

Tom Tunguz

OCTOBER 12, 2014

In 2009 and 2010, the company recognized more revenue from services than subscription. In 2011, the year of the IPO, services still accounted for 33% of revenues. Over time, subscription revenue will continue to increase compared to services revenue. Services revenue isn’t a money-maker.

Benchmarks 112

Benchmarks Deferred Revenue Venture Capital Outsourced Development 112

OPEXEngine

MAY 22, 2020

The podcast is an excellent SaaS Metrics 101 listen even for experienced SaaS finance experts. ARR is exactly what it says it is – Annual Recurring Revenue and is straightforward to measure. Billings : Recognized revenue + change in deferred revenue for the period.

Metrics 52

Metrics SaaS Deferred Revenue Benchmarks 52

ProfitWell

JULY 8, 2020

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. Keep track of subscription payments Subscription billing management can be complex. Audit-proof revenue recognition.

SaaS Payments 52

SaaS Payments Payment Services Payment Methods SaaS 52

SaaSX

MAY 4, 2019

How deep they think the problems are — which translates to how thorough they believe their diligence has been in scoping the problem Do they have motives that mitigate revenue weaknesses — cash flow, profit, assets. So if you have invoices in AR that can’t be substantiated. But if your COGS is recast to 26% you’ll take a $1.56M hit.

Deferred Revenue 45

Deferred Revenue SaaS Churn Revenue 45

OPEXEngine

MAY 3, 2022

This SaaS metric is defined as the sum of Deferred Revenue and Backlog. Deferred Revenue for SaaS companies is the contractual obligation to deliver the SaaS product for the period invoiced. The former amount resides on the balance sheet as Deferred Revenue and has always been reported as required by GAAP.

Deferred Revenue 59

Deferred Revenue Metrics SaaS Payments Payment Features 59

Baremetrics

DECEMBER 16, 2021

The general ledger and T accounts work as intermediaries between primary documents, such as invoices or receipts, and the financial statements used by financial management, including the balance sheet , statement of cash flows , and income statement. Then, the two involved accounts are your cash account and your revenue account.

Deferred Revenue 102

Deferred Revenue Payment Features Forecasting Banking 102

SaaSOptics

JULY 14, 2022

Our team has talked to thousands of SaaS finance professionals over the years, and we’ve seen three common challenges finance teams at SaaS companies face: Standing out to investors and passing due diligence. Real-time updated SaaS subscription metrics. Real-time updated SaaS subscription metrics. Too many. .

Technical Review 52

Technical Review Software Review Systems Review Payment Features 52

Baremetrics

NOVEMBER 10, 2019

For more established companies, the standard and widely-understood method for forecasting cash from annual payments is to forecast Deferred Revenue. The challenge is that I have never met a CEO or a founder who “gets” the deferred revenue upon first walk-through. New Customers.

Deferred Revenue 111

Deferred Revenue SaaS Payments Sales Hiring Payment Services 111

SaaSOptics

MAY 27, 2021

Your auditor will want to see all relevant data pertaining to that customer including the contract, invoices, revenue schedule, deferred revenue, etc for the previous fiscal year. . For example, you have a contract that reflects a $20,500 annual subscription fee, but it somehow got entered into the spreadsheet as $20,000.

Deferred Revenue 68

Deferred Revenue Payment Features Systems Review SaaS 68

Chart Mogul

SEPTEMBER 15, 2023

How To Trick Investors & VCs by Only CFO The purpose of this post is not to educate you on how to commit/detect fraud, but to help you understand some of the accounting/finance nuances that might deceive investors. Software subscriptions are the life of every SaaS business and must be accounted for properly in your general ledger.

Scale 52

Scale Underperforming Technical Team Sales Hiring SaaS 52

Chart Mogul

OCTOBER 27, 2017

There are a set of rules and guidelines focused around how businesses calculate and recognize revenue, and if you report earnings to investors or other business stakeholders, they’ll want to see this. Revenue recognition is a critical piece of accounting for any business, and compliance with official standards is not optional !

Payments 45

Payments SaaS Payments Payment Services Deferred Revenue 45

Chart Mogul

JUNE 6, 2019

With only 2 people on our Finance & Operations team, we have to be smart about how we use our resources. Finance & Operations. With just 2 dedicated people on the Finance and Ops team at ChartMogul, we have to be careful with our resources and make sure we don’t get spread too thin. Exciting, right? Probably not.

Payment Services 20

Payment Services Finance Payment Solutions SaaS Payments 20

Baremetrics

AUGUST 11, 2021

Revenue recognition, as per GAAP, states that payment is recognized as revenue after delivering the product or service in its entirety. Of course, that’s not how SaaS revenue works. (We We wrote more about revenue recognition here!) This often has an impact on SaaS businesses with deferred revenue streams.

Payment Methods 59

Payment Methods SaaS Payments Payment Features Payment Services 59

Chart Mogul

DECEMBER 5, 2018

There are a set of rules and guidelines focused around how businesses calculate and recognize revenue, and if you report earnings to investors or other business stakeholders, they’ll want to see this. Revenue recognition is a critical piece of accounting for any business. When a customer downgrades (contracts) their subscription.

SaaS Payments 51

SaaS Payments Payments Payment Services Revenue 51

Stax

JANUARY 23, 2024

The former will deal with purchase orders and ringing up sales at the register, while the latter will need capabilities related to invoicing and managing client records. Billing is done directly from the project to keep project management and finance tightly connected. In reality, neither platform is necessarily better than the other.

Payment Methods 88

Payment Methods Payment Solutions Payment Features Software Review 88

SaaSOptics

AUGUST 16, 2018

We were born and raised and bred serving the needs of early stage emerging and growth SaaS and subscription based businesses. Exclusively, we have a modern financial platform for early stage and growth subscription businesses and really focusing on three major pain areas of these businesses.

SaaS 40

SaaS Scale Sales Hiring Venture Capital 40

SaaSOptics

AUGUST 16, 2018

We were born and raised and bred serving the needs of early stage emerging and growth SaaS and subscription based businesses. Exclusively, we have a modern financial platform for early stage and growth subscription businesses and really focusing on three major pain areas of these businesses.

SaaS 40

SaaS Scale Sales Hiring Venture Capital 40

SaaSOptics

AUGUST 16, 2018

We were born and raised and bred serving the needs of early stage emerging and growth SaaS and subscription based businesses. Exclusively, we have a modern financial platform for early stage and growth subscription businesses and really focusing on three major pain areas of these businesses.

SaaS 40

SaaS Scale Sales Hiring Venture Capital 40