SaaStr

JANUARY 24, 2022

During your first or next round of financing, or during any type of financial decision involving a third party, some type of due diligence will be performed by accountants that will define revenue per Generally Accepted Accounting Practices (GAAP). Simply put, you recognize revenue or cost in the month it incurred.

Finance 328

Finance Outsourcing Services Systems Review Technical Review 328

SaaSOptics

JULY 14, 2022

Avoid the scramble for due diligence, audits, and month-end close. Board meetings, due diligence requests, month-end close, auditor requests—how many all-nighters have you endured to ensure your company is well represented? Real-time updated SaaS subscription metrics. Real-time updated SaaS subscription metrics.

Technical Review 52

Technical Review Software Review Systems Review Payment Features 52

Baremetrics

SEPTEMBER 10, 2021

Sign up for the Baremetrics free trial and start managing your subscription business right. They can include patents, technology, licenses, contracts, and brands. For a SaaS business, the deferred revenue category is particularly important. Table of Contents. What is a balance sheet? How is the balance sheet structured?

SaaS Payments 93

SaaS Payments Deferred Revenue Outsourcing Services Payments 93

SaaSOptics

MAY 27, 2021

Turns out, there are some processes and technologies that you can implement to make your next financial audit run smoother. . Your auditors will request a random sampling of your customer data for review. . For more tips on how to simplify your SaaS financial audit, read this article from SaaSOptics CEO Tim McCormick. .

Deferred Revenue 68

Deferred Revenue Payment Features Systems Review SaaS 68

SaaSOptics

JULY 20, 2020

In a recent conversation, Principal at Fulcrum Equity Partners , Philip Lewis, and SaaSOptics CEO Tim McCormick talked about the hidden costs of getting SaaS metrics wrong, and Lewis walked through some of the most commonly miscalculated SaaS metrics he has seen during due diligence periods. . Frequently miscalculated SaaS metrics.

Technical Review 56

Technical Review Metrics Deferred Revenue SaaS 56

Baremetrics

NOVEMBER 10, 2019

These three statements are a standard way to represent financials of any business from a mom-and-pop shop to a Fortune 500 company, and there’s no reason to reinvent the wheel for tech startups, either. . As their name suggests, Forecasting Models are used to forecast out a specific area of your business, such as revenue or payroll.

Deferred Revenue 111

Deferred Revenue SaaS Payments Sales Hiring Payment Services 111

ProfitWell

NOVEMBER 15, 2019

Your subscription company should run like a well-oiled machine. Retain subscribed customers: Unlike other businesses, SaaS businesses rely on customers paying monthly or yearly for their subscription. Accounting software will keep all revenue assets organized. Taking advantage of SaaS tools will help you accomplish this.

Retention 56

Retention Pricing Payment Methods SaaS Payments 56