Archive for May 2020
Switching to Accrual Accounting? 5 Things to Consider
When you’re a small SaaS business with very few customers, cash-based accounting makes sense. It allows you to keep things simple and gives you a more accurate overview of your cash position, which is pivotal for small businesses where every dollar counts. However, as you grow, a variety of factors contribute to your need to…
Read MoreRevOps vs. FinOps: What’s the difference & when do I need them?
Introduction There are too many abbreviations and acronyms out there. This is true across all industries, but it’s especially true in the SaaS world. While it can certainly seem daunting to keep up with the never ending iterations of job titles and organizational frameworks, some are actually worth taking the time to familiarize yourself with.…
Read MoreWhat is FinOps and How Can Your Team Start Optimizing Today?
What is FinOps? Financial operations, or FinOps for short, is the intersection of people, process, and technology as it relates to managing the financial operations of a business. For SaaS companies specifically, this holistic approach to financial management allows for you to be flexible in your operations while also solving critical needs with a thorough…
Read More