
What to consider when doing a bank reconciliation for a client
Learn what to consider when completing a bank reconciliation for your client including banking agreements, overdrafts, and effective rate vs marginal rate.
Scale from early-stage to IPO, with 500+ usage, hybrid, and recurring billing scenarios, creating 200+ SaaS metrics and forecasts, for investor grade reporting.
Consolidate hundreds of entities in minutes, not days – and boost productivity by more than 50%.
Navigate economic uncertainty with confidence. Download our report on managing modern finance and discover ways to make better business decisions and forecast your company's financial growth.
Sage Intacct has given us the ability to better forecast the business and focus on a go-forward strategy, rather than ‘here and now.’ I couldn’t have done that with NetSuite.
Learn what to consider when completing a bank reconciliation for your client including banking agreements, overdrafts, and effective rate vs marginal rate.
In this article, we’ll explore how moving to a dimensional nonprofit chart of accounts can lead to more fine-tuned reporting and data-driven insights for improved financial management.
Explore key differences between EBIT and EBITDA in our comprehensive guide. Understand these crucial finance terms and their impact on business decisions.
This article covers supply chain management definition, components, and strategies, including tips for choosing the right technology.
Discover how cloud-native financial management can give SaaS accounting teams a strategic advantage. Say goodbye to the risks & limitations of lift and shift.
Effectively utilizing technology not only helps increase productivity, but it can aid in employee recruitment and hiring, onboarding and training, job satisfaction, and retention.
Learn how data integration and automated financial reporting technology can improve budget planning and accounting efficiency for SaaS finance leaders.
This article will explore some of the ways your nonprofit organization can save time and improve the quality of your Form 990 reporting by automating financial reporting. We’ll also share tips for presenting your organization as transparent, accountable stewards of funds.
Most finance teams spend 80% of their time doing manual transaction support, and only 20% of their time on strategic planning. The best SaaS operational finance teams chose Sage Intacct to shift that to 80% strategic, and 20% transactional. We have engineered our platform to eliminate manual, tedious processes that burn through weeks of work each month, such as manual entry of orders out of Salesforce.com and exceptions to contract revenue recognition and billing. We then provide access to the necessary real-time SaaS metrics, financial dashboards, and tools to enable strategic analysis, forecasting, and scenario planning that allow CFOs to recommend new initiatives that grow revenue, reduce churn, improve efficiency of customer acquisition, direct product development that delights customers, adjusts pricing to maximize customer acquisition and profitability, and deliver the churn, cash-flow, CMRR, and other metrics with confidence to impress investors and secure new funding.
Order-entry-only suites don’t allow you to manage SaaS revenue recognition, billing, or SaaS metrics. And subscription-billing-only solutions don’t allow you to track expenses, see cash flow, or forecast scenario planning for the company.
Controller - automate billing, revenue, and expenses to close with controls.
CFO - know the strategic levers to be the business model architect.
Revenue Manager - create deferred revenue reporting.
Billing Manager - automate invoicing and collections.
FP&A - create forecasts and budgets/actuals for team to manage cash-flow and growth.
SalesOps - integrate the quote to billing to speed quote-to-cash.
RevOps - create billing and pricing scenarios, with metrics to track.
CEO - know the cash, billing, and SaaS metrics position of the company to make strategic moves.
Jobvite (a leading HR recruiting software (SaaS) company founded in Silicon Valley) is leading the next wave of recruitment innovation. They were challenged using NetSuite with manually entering and reconciling orders, upsells, and renewals to the original order and missing revenue and delaying reporting, which affected cash flow and growth.
When they needed to become ASC 606 compliant, they chose Sage Intacct Contracts, replacing NetSuite.
With Sage Intacct, Jobvite:
This helped them shift effort from 80% bookkeeping and transactional focus to 80% analytics and business.
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