For the past few years, nonprofits have faced a shortage of talent. When the National Council of Nonprofits surveyed 1000 nonprofits about job vacancies in late 2021, more than three-quarters of respondents had vacancy rates above 10%, and roughly one in eight organizations had more than 30% of positions open.1  Nonprofits must compete against for-profit companies in recruiting, but often have smaller salary budgets. In this tight labor market, it is more important than ever to step up efforts to retain existing employees ..read more

Given the inherently unpredictable nature of recurring revenue forecasting models, customer churn, and growth, a SaaS company can be an especially tricky place to navigate a recession. Fortunately, with the right finance tools and practices, your SaaS business will have a much stronger chance of surviving and thriving during tough economic periods.  ..read more

As their companies grow, QuickBooks users quickly realize they need more than what simple bookkeeping software can deliver and they begin a journey to find a real accounting platform. They look at alternatives that often include Microsoft Dynamics GP, Oracle NetSuite, and Sage Intacct – all of which outperform QuickBooks. Usually, Microsoft Dynamics GP doesn’t make the cut as it’s on-premises software and most companies prefer the many advantages of a cloud solution. This narrows it down to NetSuite and Sage Intacct ..read more

The demand for billing flexibility is one of the hallmarks of the SaaS industry. Between usage-based billing, feature pricing tiers, and all kinds of hybrids between the two, accounting teams at startups are quickly discovering the need for effective, sophisticated usage-based billing software.  ..read more

As a simple bookkeeping tool, QuickBooks meets the needs of many early-stage SaaS organizations, but pressures facing finance departments put that effectiveness to the test. A new report shows there are key limitations for QuickBooks-dependent SaaS CFOs and they should move on to better alternatives ..read more

The nonprofit industry seemed to have bounced back from the pandemic in 2022, but finance leaders now worry about economic uncertainty in 2023, according to the 2023 Nonprofit Technology Trends Report. In the fall of 2022, Sage Intacct surveyed over 600 nonprofit finance executives in the U.S. and analyzed their insights about the current nonprofit operating environment, top challenges, and technology strategies.  ..read more

When the market goes south, you need to have your forecasting and reporting capabilities dialed in more strongly than ever.  In-depth and accurate reporting will enable you to keep your board and team up to date and confident that you can ensure continued profitability. Forecasting will help you analyze the impact of different plans and decisions before you commit to them.  ..read more

When it comes to CFO software, it pays to be a forward-thinker as well as someone who sets high standards and strives for quality. The SaaS industry is too competitive for corporate leaders to get complacent about their finance tech stack.  ..read more

Businesses need financial reporting and forecasting to expand and scale. There is efficient and effective software out there that provides what businesses need to grow, and QuickBooks is not one of them. With the proper financial data, finance leaders can make informed decisions about their growth and development. QuickBooks simply cannot offer the same level of detail and accuracy needed, with dimensions, recurring revenue and forecasting. When it comes to making decisions about the future of your company, you need to be sure that you're using the best possible tools and QuickBooks doesn’t a ..read more

Starting any new job can be a tough and anxiety-producing experience–even more so when it's a complex leadership position. With the right planning and forethought, however, your first 100 days as CFO can set the foundation for an effectively and profitably run SaaS accounting department.  ..read more