Subscriptions and SaaS Businesses:

Your Path from $1M to $100M Starts with Sage Intacct Cloud Financials

Grow with the No. 1 Cloud Accounting Solution with Native Subscription Billing

Sage Intacct’s complete system spans quote-to-financial forecast across subscription billing and financial management – with automated ASG606-compliant revenue recognition. CORDIA, a Sage Intacct Partner, works with subscription and SaaS businesses to implement and optimize Intacct, establish accounting processes unique to each business, and help meet reporting and compliance requirements.

Streamline the quote-to-cash process with Salesforce CPQ

An integrated process across Salesforce CPQ and financials means information flows seamlessly from quotes or contracts without rekeying information. Sales and Finance always share up-to-date data for more accurate billing and customer service. Companies that integrate quote-to-cash often see DSO decrease by 30-75%, freeing up cash-flow to invest in hiring and acquisitions.

“The new ASC 606 revenue recognition standard has been one of the biggest changes we've seen in accounting in a very long time. By using Sage Intacct, we're able to deep dive into an individual contract line and the associated details –whether that's the revenue status, the AR status or the contract asset status of that line –and dig into that detail with precision.”

Adam Buchholz
Vice president and corporate controller, Workiva, A Sage Intacct Customer

Raise your next round with great SaaS metrics

Sage Intacct’s SaaS metrics dashboards let you calculate CAC, CLTV, CMRR, gross churn, customer churn, and other critical KPIs. Sage Intacct uniquely tags unlimited dimensions on your journal entries to provide the calculations for real-time SaaS dashboards.

  • Early-stage firms prove their revenue model
  • Growth-stage firms prove their net renewal model
  • PE-funded firms expand EBITDA

Flexible contract-based billing increases CLTV up to 15%

With agile billing that’s automatic and driven directly from your contracts, you can adapt your pricing to deliver value to customers and take advantage of new opportunities. That can translate into:

  • Increased CMRR of 15-30% with new billing models
  • Increased add-on sales and CLTV of up to 15%
  • Reduced churn by as much as 2%

Increase Accuracy & Shorten Close Cycle

Automating revenue streams saves hours of painstaking calculations, accelerates your close and reporting, and improves accuracy and compliance. Companies that automate revenue recognition can scale their compliance with ASC 606. During conversion to the new revenue standards, Sage Intacct also provides for dual book reporting. Sage Intacct can track both revenue under ASC 605 and 606 simultaneously so your organization would not need to maintain separate out of system spreadsheets which can lead to hours of additional reconciliations.

Companies that automate revenue recognition, can:

  • Reduce their close period by 30-75%
  • Grow up to 400% without additional finance headcount
  • Achieve less than 10% variation in revenue forecast to increase valuation in fundraising

Sage Intacct’s Core Functions/Financials

Sage Intacct’s core functions help streamline and automate manual processes and give you real-time financial visibility. Learn more about Accounts PayableAccount ReceivableCash ManagementGeneral LedgerOrder Management, and Purchasing.