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SaaS Executive Summary

Accelerate your close by 2.5 days

Today's SaaS finance leaders are navigating complex challenges—from variable revenue recognition and billing to churn management—while maintaining rapid growth. No wonder they're turning to automation to free up time and focus on strategic work.

Learn where the fast-paced SaaS industry is headed and what to expect over the next 2 years in the SaaS executive summary of the "Fast Close. Faster Insights." report.

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Key findings:

  • The average SaaS or subscription business spends 35% of their working time closing the books.
  • Every month, SaaS organizations with the most automation close 2.5 days faster than those with the least.
  • This gives them over twice the amount of time to focus on impactful, growth-focused work.
  • 82% of those that aren't fully in the cloud are looking to move to it within the next 6 months to 2 years.

Speed up SaaS growth with Sage

Free up time to focus on driving growth and profitability with Sage, the #1 cloud accounting software for SaaS or subscription businesses.

  • Easily manage and automate complex billing and revenue recognition scenarios.
  • Save time on financial close with fast consolidations across entities, with foreign exchange.
  • Make data-driven decisions with insights from customizable, real-time SaaS metrics and dashboards.
  • Maximize efficiency and scalability by eliminating manual processes.
Find out more about Sage for SaaS companies