Improve the tracking and management of revenue generated from subscriptions.
SaaS and technology companies have specific business management and accounting needs, which require customized software solutions. While Enterprise Resource Planning (ERP) software is used across various industries to streamline processes and manage operations, SaaS and technology accounting software offers additional functionality tailored to these firms.
An integrated SaaS and technology management software solution helps firms manage their day-to-day operations, including fast multi-entity consolidations for quicker close cycles. The software includes a combined subscription billing and financial management system that offers crucial SaaS metrics, such as ARR and MRR, as well as dashboards, revenue recognition, and advanced reporting.
Using the appropriate software, businesses can automate the tracking of revenue generated from a single revenue stream throughout the customer lifecycle, which accelerates monthly close cycles, streamlines reporting, and improves data accuracy and regulatory compliance.
Our subscription management revenue management software is designed to allow for the tagging of unlimited dimensions on journal entries, making it easier to generate real-time reporting and dashboard calculations.