Software & SaaS Industry Solution

Automate complex subscription and revenue recognition in a snap
Sage Intacct Premier Partner
           Arxis Technology is an Adaptive Insights Certified Gold Partner
     

Developing software and selling subscriptions sounds simple enough. Reality tells a different story – rapid growth, changing revenue recognition standards, non-integrated internal systems, scores of spreadsheets, and an ever-increasing demand for more detailed and

timely reports and metrics. And, of course, the combustible combination of resourceful salespeople, creative subscription contracts, and the accounting department.

Arxis understands the unique challenges faced by growing software and SaaS companies – a non-integrated quote-to-cash process, struggling with the transition to ASC 606 and IFRS 15, limited insight into financial and operational health, and Excel-based revenue management, project accounting, and budgeting and forecasting. Left unaddressed, the lack of automation becomes a significant barrier to efficiency, profitability, and customer loyalty.

With that in mind, Arxis is your resource to help you document the impact of your existing challenges, architect an ideal solution, and quantify the ROI / benefits of your investment. Keep reading to learn more.

Current ChallengesBest-in-Class Solutions 
(Sage Intacct, Adaptive Insights) + Arxis
Benefits

Manual quote-to-cash process

 

  • Increase sales effectiveness and finance productivity with automated workflows
  • Eliminate duplicate entry, save time, reduce errors, & process more transactions without adding people
  • Improve customer service and profitability

Limited insight and analysis into key SaaS metrics

 

 

  • View the business by an unlimited number of data dimensions, (e.g., customer, vendor, employee, product, project, etc.)
  • Combine statistical (i.e., non-financial) data from CRM with financial data to calculate KPIs
  • Access real-time metrics including committed monthly recurring revenue (CMRR), annual or monthly recurring revenue (ARR or MRR), customer
    acquisition cost (CAC), churn, customer lifetime value (CLTV) 

Non-compliant with new rev rec guidelines: ASC 606 and IFRS 15

 

 

  • Streamline processes for addressing new rules for revenue reallocation and expense amortization.
  • Create revenue forecasts based on current and new guidelines
  • Automate dual reporting with multi-book capabilities
  • Capture and edit contracts natively in Salesforce

Non-integrated revenue management and project accounting

 

 

  • Ensure compliance with revenue recognition standards (without spreadsheets!)
  • Automatically generate billing schedules, contract renewals, & renewal sales opportunities 
  • Quickly forecast deferred, recognized, and renewal revenue
  • Automate accounting and billing for services engagements
  • Provide transparent, detailed bills to customers
  • Cut staff workload; improve accuracy; reduce errors
  • Reduce revenue leakage; decrease risk of customer churn
  • Provide a single point of audit and reconciliation
  • Boost project success with a single-source for project reports, dashboards, and delivery details

Labor-intensive budgeting and forecasting processes

 

 

  • Implement continuous planning and rolling forecasts
  • Incorporate revenue, personnel, expense, capital, balance sheet and cash flow planning
  • Leverage key assumptions, driver-based planning, and “what-if” analysis
  • Reduce cycle times by up to 90%
  • Jettison Excel-based planning once and for all
  • Enjoy a comprehensive and flexible planning process

Legacy applications  / IT infrastructure hindering growth

  • Access via the web from any device (no IT required)
  • Use the latest version and newest features … always
  • Integrate with other best-in-class solutions (e.g., travel and expense, AP automation, eCommerce, credit card processing, etc.) 
  • Accelerate user adoption
  • Rapidly scale entities, locations, and currencies
  • Consolidate financial and operational data
  • Integrate once … it’s guaranteed not to break!

If you’re facing one or more of these limitations, Arxis provides the software solution and service expertise to help overcome them and put your organization on the path to profitable growth and success. Please let us know how we can help!

Arxis Technology's Software & SaaS Clients Include:

Cloudian Trusts Arxis Technology        Spectra Ticketing & Fan Management trusts Arxis Technology
     


Would you like a complementary assessment of how Arxis + Sage Intacct and/or Adaptive Insights can
transform your Software & SaaS company's current GL, revenue management, CPM, budgeting, and forecasting?

Schedule Now