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Next Generation Financial Consolidations for SaaS Companies

Next Generation Financial Consolidations for SaaS Companies

ACT Sage
Published by: Research Desk Released: Sep 15, 2020

In virtually any SaaS organization, corporate accounting has long been viewed as custodian and curator of financial data. However, as any Controller or CFO of a multi-entity SaaS organization can tell you, when bringing data together or distributing financial results broadly, the financial consolidation process has long been an onerous drudgery of information assembly, validation, and reporting. The consolidation process for many SaaS companies is often measured in weeks, but rarely measured in days.

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