As your SaaS business scales, managing complex financial processes on QuickBooks becomes a major bottleneck for your finance team. While QuickBooks handles basic accounting, it wasn’t designed for the unique needs of SaaS companies, and that creates several challenges:

• Manual Revenue Recognition: Tracking deferred revenue and subscription schedules in Excel is not only time-consuming but also highly error-prone. This leads to inefficiencies during month-end closings and increased audit risk.
• ASC 606 Compliance Struggles: QuickBooks doesn’t offer built-in tools for ASC 606 compliance, leaving you with manual workarounds that are difficult to scale as your customer base grows.
• Missing Key SaaS Metrics: Important SaaS metrics like MRR, ARR, bookings, churn, and cash-flow are absent from QuickBooks. Without these real-time insights, it's hard to forecast growth or make informed financial decisions.