SaaS

SaaS companies require robust financial management to handle subscriptions and recurring revenue streams. We help SaaS companies focus on the details of their financial operations so they can scale effectively
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Accounting services for SaaS startups

Key Services

Revenue Recognition

Accurately tracking recurring revenue according to accounting standards

Collections Tracking

Ensuring cash collections are monitored effectively and reported on

Customer Lifetime Value Analysis

Understanding each customer’s long-term value to improve marketing and sales strategies

Cost Management

Efficiently managing costs associated with software development and operations

Financial Reporting

Projecting future financial performance to support strategic planning

KPI Tracking

Monitoring key performance indicators to measure business health
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Why SaaS Companies Require Specialized Accountants

SaaS companies can’t just work with any accounting and bookkeeping team to manage the business’s finances. The industry faces a number of unique challenges that only accountants who are well-versed in the space can help support. 

Specialized accounting and bookkeeping services for SaaS companies ensure teams have access to industry-specific guidance, tools, and expertise to propel their business forward. 

Growth-minded SaaS companies must work with firms that have years of hands-on industry experience to benefit from their time-tested financial leadership and reliable performance.

SaaS-Specific Accounting Challenges and Solutions

SaaS companies face unique financial and accounting challenges that business leaders must proactively address to ensure smooth-running operations and compliant reporting practices. 

The industry’s subscription revenue model offers stable, recurring revenue for SaaS companies, but it also provides distinct challenges, such as the timing of revenue recognition, billing and subscription management, and churn management. 

Implementing the proper strategies, systems, and protocols to achieve long-term success in the industry may be difficult with internal resources alone. Working with an external team that’s experienced in handling accounting and bookkeeping for SaaS companies can be the key to achieving better outcomes.

Benefits of Professional Accounting Services for SaaS Companies

Hire an experienced team like Bob’s Bookkeepers to handle your back-office finance and accounting operations, and your team can dedicate more resources to developing your software solution and directly serving customers. 

We’ll help you maintain accurate financial records, on-time filings, and streamlined accounting operations for better overall efficiency and performance. 

With our expert guidance, your team will be able to implement the proper controls, systems, and tools to improve financial management and save time from completing recurring, repeatable tasks.

How We Ensure Compliance with SaaS Accounting Standards

At Bob’s Bookkeepers, our accounting services for SaaS companies maintain strict compliance with industry-specific standards while still offering enhanced visibility into financial operations. Our team has years of experience navigating the key accounting complexities that SaaS businesses face, including:

ASC 606 Revenue Recognition. Our team follows ASC 606 requirements to ensure subscription revenues are recognized in the appropriate service periods. 

Deferred Revenue Tracking. We’ll track your deferred revenue liabilities to maintain GAAP compliance and provide an accurate picture of your financial positioning. 

Subscription Billing Management. We implement systems to track the various subscription models you may support, from month-to-month billing to multi-year contracts and different pricing tiers.
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Pricing for SaaS Bookkeeping Services

We are proud to offer bookkeeping services for SaaS companies at affordable rates, with the flexibility to scale with your business as it grows. Our transparent pricing models help you make the best plan selection for your unique business needs

Starter Plan

$750/
month
Cash-based accounting
Monthly account reconciliation
Expense tracking
Email support

Scaling Plan

$2,250/
month
Accrual-based accounting
Custom financial model
Basic AP/AR management
Inventory accounting
Premium support

Custom Plans

Custom plans are available with personalized pricing for SaaS companies that require more hands-on support from an interim CFO

Contact Us for Expert Accounting and Bookkeeping for SaaS Companies

Whether your business needs daily bookkeeping support or strategic financial guidance, the team at Bob’s Bookkeepers is here to help. 

Contact us today to learn more about our expertise with bookkeeping and accounting for SaaS companies.

Why Choose Bob's Bookkeepers?

Our team has deep experience with SaaS, offering financial insights and solutions that drive tangible growth. We help both B2B and B2C SaaS businesses manage their finances effectively so they can focus on delivering exceptional software solutions
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Frequently asked questions

How does proper revenue recognition impact SaaS companies?
What are the key financial metrics SaaS businesses should track
How can SaaS companies manage customer churn and improve customer lifetime value?
What are the benefits of outsourcing accounting for SaaS companies?
What services do you offer for SaaS companies?

What customers say about us

Daniel E. Quezada
CFO, 8base
I'm the CFO at 8base Inc, where I'm responsible for all finance, HR, and administrative functions. 8base develops AI-powered products that enable businesses to achieve drastic cost and quality improvement in their software development process. We've used Bob's for bookkeeping services since 4Q22. We're a Series A company with a lean internal finance team. We had worked with another bookkeeping service before Bob's and were disappointed with the value they provided. We've relied on Bob's to manage our billing and revenue accounting process, as well as special projects that have come up. This has enabled us to support the company far more efficiently and with higher quality than we experienced with our former offshore bookkeeping service. With Bob's we've been able to improve our service level to our internal business partners, customers, vendors, and investors while reducing internal headcount by 50%. In revenue accounting, for example, we've been able to increase the level of accounting detail we record vs. what was previously done - and with greater accuracy. As a result, our close and reporting cycles are faster and our business insight is far greater. I've found the entire Bob's team accessible, knowledgable, and easy to work with via modern communication channels such as Slack instead of email. With one training session, the Bob's staff - especially Nurper and Ramazan - took it from there. I was pleased with how they listened and put into practice what we agreed to so quickly. This was a refreshing and drastic improvement from our previous bookkeeping service, where the turnover and quality level were a constant problem. I was constantly having to train their people over and over on the same simple things - and deal with constant errors. With Bob's I've experienced none of that. Overall, I felt the team from Bob's displayed deep knowledge and professionalism from Day 1. Rob and Matt are experienced, skilled financial professionals. They understood what I needed and provided the infrastructure to support us as much, or as little, as we needed. While other services tried to sell me everything they could, Bob's listened,understood and focused on what I needed. I appreciated that and have found them to be a great sounding board throughout the process. And their team has consistently delivered as promised, on time, on budget, and with great professionalism. I would recommend Bob's without hesitation to any leader looking for financial support services that put the client first and deliver great results.