Money is the main concern for your business. While a financial plan fuels all your decisions, there's no guarantee that those choices will have the desired outcomes. What if there was a way to streamline your company's financial growth without complex spreadsheets or time-consuming analyses? Now there is, with software as a service (SaaS) financial forecasting.
At KPI Sense, we're here to help your organization optimize and make sense of your financial data with our advanced process. We built our forecasting tools with analysis and modeling at the forefront, helping our clients gain insights and guidance they can rely on.
Our process keeps your business one step ahead of its current financial situation by predicting future costs and revenue across every department. This innovative tool helps your organization test the impact of potential business decisions and identify growth opportunities.
With our SaaS financial forecasting model, you can estimate your company's financial outcomes based on real-life historical data and make adjustments to your processes, inventory, and business plans as needed. Unlike other software, our forecasting tool is built on the SaaS financial model, allowing you to make assumptions that are specific to your company.
Once you partner with us, we'll get to work on your company's customized financial process immediately. You can expect our SaaS experts to work with you directly to:
dependable financial models that accurately depict your business's current state and future growth.
a feasible budget based on your company's historical data and continuously monitor your performance against it.
your organization's spending accurately and diligently.
and evaluate the financial impact of your business decisions.
Walk you through various business scenarios to help you plan, set goals, and drive growth for the future.
Forecasting recurring revenue for your business will have positive outcomes. Some benefits of SaaS financial forecasting include:
SaaS financial projections help your company recognize what works and what can improve in your financial plans, giving you the insights you need to make changes accordingly.
Financial forecasts enable your business to make more logical and informed decisions.
Instead of spending hours combing through complicated spreadsheets and analyzing your company's financial data, SaaS financial forecasting tools automate these processes with intuitive metrics, models, and analyses, saving your precious time.
Because financial forecasting delivers accurate, data-based forecasts, it minimizes the risk of poor financial planning.
Financial forecasting helps you cut back on unnecessary expenses and allocate cash to more profitable areas, giving you greater control over your cash flow.
Experience the benefits of intuitive SaaS financial models. Our tools combine industry-standard metrics with historical financial data to help your company raise capital, improve retention, and exceed your business goals.
Fill out a form to get in touch with a member of our team and begin building your forecast today!
Budgeting as a SaaS company requires some more involved accounting than traditional business models because your primary source of income comes from subscription revenue. Having a platform that allows you to aggregate all of your business' financial information while accurately reporting it is crucial. You also need to be able to understand the performance of your business in relation to the data you're collecting. At KPI Sense we help B2B SaaS companies aggregate and cleanse their financial data so they can take their operations to new heights.
In order to forecast SaaS revenue, you need to understand your company's cash usage and revenue collection, reference data from your existing and projected customer base, and regularly review the models you're making with the most up-to-date and comprehensive information to ensure you have an accurate picture.
You can forecast recurring revenue by taking your starting recurring revenue, adding any new business and expansion revenues, then subtracting your contraction and churn recurring revenues. This can be done on either a monthly or annual basis.
In order to grow subscription revenue as a SaaS company, you need to identify opportunities to upsell to existing subscribers, expand your services, provide different subscription levels of your product, and see how your customers are engaging with your product. Without an accurate financial data aggregation system, finding these opportunities is like taking a shot in the dark. That's why we're here to help.
Making a SaaS financial model is a fairly involved process. You need to understand your business' stage of operation, your current and projected customer base, and your anticipated areas of operational growth that will incur additional expenses. If you're looking for assistance in making it happen for your B2B company, we're pretty good at it and we'd love to help you!
Feel free to reach out and schedule a chat to learn more.
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