Notion CFO & Advisors’ Post

10 Key Financial Goals Every SaaS Business Should Follow

What’s the biggest investment on your SaaS P&L? 💰 Yes! People. Both staff and contractors, but more often than not, these expenses are coded incorrectly to our SaaS P&L. This causes big problems with our: - SaaS P&L - Financial forecast - SaaS metrics - Financial visibility - Board / investor discussions - Due diligence Don’t wait to “SaaSify” your accounting ✔️ Fixing your accounting foundation will pay off down the road. I’ve seen this countless times. We are trying to make big financial decisions, but we cannot rely on our financial data. This is very dangerous. My tips 💡 - Put a proper SaaS chart of accounts (COA) in place - Code revenue by major revenue category - Code expenses to the department level - People and contractors must be coded to the correct departments and GL accounts - Don't over-allocate staff among departments Want a little help ❓ Check out the link in the comments to download my sample chart of account templates and more SaaS finance templates. #SaaS

Discover how a CEO overcomes financial challenges and achieves success in the world of SaaS. Gain valuable insights to boost your business today! Language: US English

Are you leveraging your SaaS P&L statement effectively? From understanding revenue streams to optimizing cost allocation, a well-structured P&L is crucial for strategic decision-making and investor relations. Learn how to avoid common mistakes and use your P&L statement to its full potential. Ready to unlock new opportunities for your SaaS business? Read the full article here: https://lnkd.in/eKYdv6Ng #SaaS #FractionalCFO #FinancialStrategy #Accounting #StartupGrowth #Finance

💡 Finding financial modeling for SaaS companies isn’t difficult—there are countless plug-and-play Excel templates you can download online for free. But creating accurate and effective financial modeling for SaaS companies? That requires real expertise and insights. Proper financial modeling is less about plugging in the data and more about understanding the variables you have to play with. To make wise, realistic projections, you need a comprehensive understanding of your entire company’s ecosystem. We sat with fractional CFO Brian Raphael to learn how he handles financial modeling for SaaS companies—and what your finance team is most likely to overlook: https://lnkd.in/eAV9zR9m #FinancialModeling #SaaS #CFOTips

A SaaS P&L is a goldmine. It’s not just a basic financial statement anymore— A well-structured SaaS P&L is the blueprint for unlocking growth and profitability. Every day, I see… → SaaS founders dissecting their revenue streams → Product leaders analyzing customer acquisition costs → CFOs breaking down the cost structures that drive margins …all with laser focus on their P&L to make data-driven decisions that propel their companies forward. A SaaS P&L is 𝘵𝘩𝘦 tool for mastering financial clarity and driving sustainable growth. And if you start leveraging your P&L effectively, remarkable outcomes will follow: → You’ll make informed decisions that drive your company’s success → You’ll identify hidden opportunities for cost savings → You’ll optimize your pricing strategies I can tell you from experience — mastering the SaaS P&L has transformed my approach to financial management. It empowered me to help SaaS companies scale efficiently, improve profitability, and navigate the complexities of their financial landscape. So if you haven’t started diving deep into your SaaS P&L— Just. Get. Started. You have everything to gain (and your company’s future to secure). PS. Need help? Shoot me a DM.

SaaS companies—need an easier way to forecast your deferred revenue as you plan for 2025? Having reliable projections can help you predict cash flow, gain insights into your revenue streams, and plan to meet company goals. Getting deferred revenue right is key—and our template can help you turn your financial information into a clearer path toward growth. Get the free template here: https://hubs.ly/Q02Szncz0 #growthstage #deferredrevenue #financialforecasting

Planning next year’s budget and need a hand? FinQuery's Budget Hero Kit is here to help finance professionals make data-driven decisions with ease. 🛠️ What’s Inside the Budget Hero Kit? - Comprehensive guides for contract & spend intelligence - Checklists for organizing vendor & financial contracts - Strategies for managing SaaS costs Unleash your budgeting potential and transform your financial planning process. https://lnkd.in/gxUh8WzK #Finance #Budgeting #SaaSManagement #BudgetHero

🚀 Attention, SaaS Companies in the U.S.! 🚀 Are you leading a SaaS company and eager to optimize your financial operations? We have an exceptional solution tailored just for you! We are thrilled to announce our comprehensive accounting and bookkeeping services, exclusively designed for U.S. SaaS companies. In the fast-paced world of SaaS, efficient financial management is more vital than ever. Our services are crafted to provide you with unparalleled expertise, dependability, and a personalized approach to managing your finances. Here’s how we can elevate your financial processes: ✅ **Tailored SaaS Financial Solutions:** Your SaaS business is unique, and so are your financial requirements. Our services are personalized to meet the specific needs of SaaS companies, ensuring optimum financial health and regulatory compliance. ✅ **Specialized Team With SaaS Focus:** Benefit from a team of financial specialists well-versed in the SaaS industry. From handling recurring revenue to accounting for customer acquisition costs, we possess the expertise to support your company’s financial triumph. ✅ **Efficiency and Scalability:** Unleash your team to focus on product development and market growth. Our cost-effective services are not just about managing, but optimizing your financial processes, fostering expansion and scalability. ✅ **Transparency and Collaborative Approach:** We are dedicated to becoming an integral part of your team. Our approach is built on transparency, ensuring continuous insight into your financial status. We aim to foster trust and build the groundwork for a long-lasting partnership. Liberate yourself from the burden of financial management and redirect your attention to what you do best – innovating and expanding your SaaS business. Eager to discover how we can propel your SaaS company to new heights? Let’s connect! Join us on a journey to financial mastery and business triumph. #SaaS #AccountingServices #Bookkeeping #SaaSFinance #FinancialManagement #USCompanies

Understanding revenue recognition is crucial for accurate financial reporting and compliance. This article breaks down this complex topic and explains the key criteria and benefits. Whether you're in SaaS or another industry, mastering revenue recognition can significantly impact your financial health and investor confidence. Read the full article to learn more: https://lnkd.in/g6MuPzNe #RevenueRecognition #FinancialReporting #Billing #SaaS #Accounting #Revenue