The 2022 SaaS CFO Guide to FinOps Efficiency

Sage Intacct, The SaaS CFO, and RevOps Squared conducted research throughout July and August 2021 to benchmark how recurring revenue companies managed the financial reporting process. The research covered a wide variety of financial process responsibilities and activities including reporting, financial close, performance metrics calculations, and their related resource utilisation, which was primarily time based. The goal was to identify process optimisation and associated development representative productivity enhancement opportunities. The survey results (as outlined in this eBook) show that FinOps teams in fast growth SaaS companies need a comprehensive view on billing, cashflow, and forecasting. And based on the results further revealed in this eBook, building upon and integrating one’s finance tech components into one stack, amongst others, is key in minimizing human errors and making better financial forecasts, while providing real-time data flow from the CRM to the accounting or financial management system, in order to fulfil customer-centricity goals and keeping Sales and Finance teams aligned.