Chris Grady, on February 24, 2021
The Extend Your Runway Webinar series was led and moderated by Marcus Wagner. During the SaaS Finance and Accounting Playbook Overview and Proactive Planning webinar, Marcus stepped through the first element of AcctTwo’s Accounting and Finance Playbook - Proactive Planning. Proactive Planning is the iterative process of budgeting and re-forecasting based on real-time operational data and market dynamics.
Anthony Della Selva, on November 19, 2020
The pandemic has changed the way we all live and work. I speak to customers everyday that are living and working through the pandemic. When AvidXchange came to us with their newest quarterly report "From Crisis to Prosperity: Experts Predict Financial Industry's Path Forward", it resonated on many levels. The report features forward-looking articles that formulate a digital transformation case study from industry experts that focus on how to rebuild for growth in the months ahead. They feature articles from:
Peter Wagner, on August 9, 2018
There is a reason SaaS has become the dominant approach to business applications: It makes more sense for both the user and the provider. Users get better tools at a lower cost while providers can count on a steady stream of revenue and closer client relations.
The only downside of running a dynamic SaaS company is that performance is hard to track and difficult to define. Success and failure are driven by multiple variables, and it’s easy to mistake positives for negatives and vice versa.
Peter Wagner, on December 2, 2016
As a provider of cloud-based SaaS ERP solutions as well as Business-Process-as-a-Service solutions on the Intacct cloud platform, it always interests us to learn more about trends in cloud adoption among companies and nonprofits of all sizes. So it was especially interesting when one of our customers, Sailpoint, published some results of a survey of 100 of their customers at the Gartner IAM Summit about their plans for cloud adoption.
Peter Wagner, on June 11, 2015
The fourth annual Software CFO/CEO Outlook Report is out for 2015. From a high level overview of industry trends to drilled-down views of specific concerns and tactics sliced by company size, the study by Sand Hill Group's CEO M.R. Rangaswami is an invaluable tool for any company in the software and technology industry. The report describes two major themes in the survey data:
John Silver, on May 12, 2015
The results are in - it's time to replace spreadsheets with software designed for and devoted to finance activities.
Peter Wagner, on January 19, 2015
Scouring the web, there's a lot of information out there about the new FASB/IASB Revenue Recognition Standards, also known as Topic ASC 606, published in May of last year. This new standard will have great impact on software, and particularly Software-as-a-Service (SaaS), companies' accounting practices and business processes.
Peter Wagner, on November 20, 2014
Transformation Required
The software industry is in an era of explosive growth. This 2014 study of CEO / CFOs’ outlook from the SandHill Group reveals that 29 percent say their planned revenue growth over the next 12 months is 50 percent or higher; and within that group, 17 percent believe their revenue growth will increase by 100 percent or more. One CEO commented that his company has grown “twice as much” every year for the past three years.
Peter Wagner, on May 29, 2014
John Silver, on May 20, 2014
Tracking performance metrics like monthly recurring revenues (MRR) and contracted monthly recurring revenues (CMRR), customer acquisition costs (CAC), renewal or churn rates, and customer lifetime value rate (CLV) is critical for driving growth at successful SaaS companies.
