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8 Finance Mistakes Growing SaaS Businesses Make and How to Fix Them

SaaSX

While many of these mistakes or potential issue items are likely to be more prevalent in a business with a lean (or essentially non-existent) finance team, we’ve seen large businesses deal with many of these same challenges. This INCLUDES headcount-related expenses. Classifying One-Time Revenue as Recurring/Subscription Revenue.

Finance 118
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8 Finance Mistakes Growing SaaS Businesses Make and How to Fix Them

OPEXEngine

While many of these mistakes or potential issue items are likely to be more prevalent in a business with a lean (or essentially non-existent) finance team, we’ve seen large businesses deal with many of these same challenges. This INCLUDES headcount-related expenses. CLASSIFYING ONE-TIME REVENUE AS RECURRING/SUBSCRIPTION REVENUE.

Finance 52
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Top 5 Must Have FinTech Solutions in 2020

SaaSOptics

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 ) .

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SaaS Financial Plan 2.0

The Angel VC

If you have a SaaS startup with a higher-touch sales model where revenue growth is largely driven by sales headcount, the plan needs to be modified accordingly. Summary" tab The "Summary" tab contains only two types of input cells: Your starting bank balance and cash injections from financings.

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Benchmarking and Budgeting Go Hand in Hand

OPEXEngine

From variations on the subscription model itself, to inbound marketing or product led growth, account based sales models and Customer Success organizations, the CFO is in the driver’s seat to guide the corporate vessel through evolving models and changing economics.

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How to Present an Operating Plan to your Board

Kellblog

Finance types on the board might view these as simple canapes served before the meal. In a small initial land and big expand model, this may run much higher than 30-40% but that also depends on the definition of land – i.e., is the “land” just the first order or the total value of subscriptions acquired in the first 6 or 12 months).

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1 Key SaaS Sales Metric to Fine-Tune Sales Productivity

InsightSquared

At the highest level, SaaS companies look at sales expense, headcount, sales productivity and SaaS metrics like: The cost of new customer acquisition (CAC). Contract value: Companies selling subscriptions with larger average contract values also have longer sales cycles than companies selling low priced, low touch subscriptions.

Scale 102