Intacct also offers add-on integrations with your CRM.
The relevant feature list includes native subscription billing and recurring revenue visibility. Sage Intacct is a cloud-based software that openly claims to provide features tailored for the SaaS business model. They are ordered according to the number of ratings and reviews they’ve earned on TrustRadius. The following products are highlighted because they offer SaaS-tailored tools and rank highly on the Accounting Software TrustMap-a dynamic grid that measures TRScore and the interest of B2B buyers. The Best Accounting Software Specifically for SaaS Companies Others are harder to come by– which is why we’ve identified only 3 top accounting tools and an additional list of point solutions that can help SaaS firms meet their accounting and budgeting needs. Some of these features are fairly easy to get across all enterprise-level tools in today’s software market. Other Features that would be crucial for SaaS companies include: It’s also incredibly difficult to calculate manually in a tool like Excel. For instance, tracking Monthly Recurring Revenue is essential to many subscription-model SaaS companies. SaaS companies, in particular, have accounting and budgeting needs that generic accounting software struggles to support.
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Case in point, Chase’s $2 billion loss due in large part to errors in manual Excel spreadsheets. Companies large and small have learned the hard way that Excel won’t cut it for their accounting needs.
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