SaaS Finance Automation for Any Growth Stage

Technology innovation continues to disrupt the way business is conducted. For SaaS company finance teams, technology has automated many repetitive accounting tasks, freeing up time and resources to be more strategic. Baker Tilly accounting software solutions go beyond automation alone to provide accurate and timely data, metrics, intelligence and insights that more precisely reflect the health and growth trajectory of SaaS businesses.

Baker Tilly provides its accounting and finance solution built directly on the Sage Intacct enterprise resource planning (ERP) system. Baker Tilly accounting software solutions provide: 

1. Intelligence ― Real-time financial and operational metrics, enabling finance teams with data to challenge the status quo and inform strategic and operational decision-making. 
2. Automation ― Technologies that automate day-to-day business processes, eliminating manual effort, reducing costs and freeing up time for more value-added tasks.
3. Integration ― Key systems interoperability streamlines end-to-end business processes and provides consistent data across systems, resulting in a single version of the truth.

With Baker Tilly, CFOs and their senior team members can remove themselves from the day-to-day tasks and focus on higher-value activities. Baker Tilly also enables SaaS companies to scale and reduce risk by offering the implementation and professional services needed to maximize the value of Sage Intacct cloud financial software.

In today’s subscription economy, many companies prefer not to put capital and human resources toward building and maintaining a technology infrastructure. Working with an Baker Tilly outsourced SaaS consultant team is a valuable alternative. It is like working with both accounting specialists and technology consultants in combination. With Baker Tilly’s outsourced accounting services for SaaS companies, you get access to a best-in-class technology and a team with SaaS accounting experience to help you deliver the outcomes you are counting on.

Baker Tilly provides the SaaS finance and accounting technology solution, built directly in the Sage Intacct enterprise resource planning (ERP) system, on a subscription basis. This powerful technology along with the resources to handle all of your daily accounting activities delivers the key outcomes you are looking for. Whether that includes best practices in day-to-day finance and accounting transactions or delivering key SaaS metrics, Baker Tilly’s outsourced accounting team has the experience to help your company succeed.

Our outsourced finance and accounting services provide your team with: 

• Comprehensive, turnkey accounting outsourcing for SaaS companies

• Easy extensibility by integrating a best-in-class applications

• Real-time SaaS-specific reports & dashboards

• Virtually unlimited capabilities as you scale up your SaaS business

• Superior insights into business performance

With Baker Tilly, finance team members can remove themselves from the day-to-day accounting tasks to focus on higher-value, more strategic activities.

SaaS Intelligence from Baker Tilly is a cloud-based, fully automated, SaaS metrics application designed specifically for SaaS and subscription-based B2B companies and is built directly on the Sage Intacct enterprise resource planning (ERP) system. It completely automates the process of tracking financial transactions, including new contracts, orders and other subscription activity and their impact on recurring revenue.

The SaaS Intelligence engine automatically categorizes and contextualizes the recurring revenue effects of customer subscription activity into over 20 distinct categories, including: New, Add-on, Uplift, Markdown, Downgrade, Renewed, Churn, etc. This enables finance organizations access to real-time, contextualized data that is used to generate detailed SaaS and Subscription metrics, crucial reports, and insightful dashboards to elevate data-driven decision making.

SaaS Intelligence leverages the structure, control, and reporting capabilities of the Sage Intacct ERP – along with direct access to GAAP financial data – blending financial and operational metrics to deliver meaningful business intelligence. With SaaS Intelligence, companies can now achieve real-time visibility into valuable metrics including Customer Acquisition Cost (CAC), Customer Retention Cost (CRC), Cash Conversion Score, Net Burn Rate and many more.

SaaS Intelligence dashboards and reports provide rich, granular insights into the health of subscription revenue, providing real-time capabilities for customer and product cohort analyses, bookings and billings metrics, unit economics, customer and revenue churn analysis and other key SaaS metrics. These metrics deliver the rapid insights to support the data-driven decision-making required to achieve and maintain a competitive advantage.