Metrics that Measure Up Podcast’s Post

Nicolas Kopp, the Founder and CEO of Rillet recently joined our host Ray Rike on the Metrics that Measure Up Podcast Nicolas has a vision to help recurring revenue companies leverage a Financial Management Platform purpose-built for their business model During the conversation, Nic and Ray cover the following topics: ✔ Unique Accounting Challenges in a Recurring Revenue Model ✔ The Importance of Revenue Recognition in a Recurring Revenue Business ✔ Financial Performance Reporting beyond the Income Statement ✔ Entering a Mature Market Category with a New Company + New Product One of the first challenges a recurring revenue business will face is translating an annual subscription and the associated "bookings" into GAAP revenue. Nic shared that the the #1 issue he sees early SaaS company's CEO face is the ability to answer the quests "What is my MRR/ARR and do I trust it?" The questions evolve including "What is my deferred revenue?" and "Do I trust my accounts receivables report?" Traditional accounting platforms, such as QuickBooks do not include the concept of "recurring revenue" and the associated reporting requirements The Accounting Platform space is quite mature, and most companies are not proactively looking to swap out their technology until scaling revenue introduces new financial reporting challenges that cannot be addressed with their current platform If you are a founder/CEO entering a mature category or a Finance leader who is struggling with Financial Reporting in a Recurring Revenue business - this conversation is full of unique insights and ideas. Listen now at https://lnkd.in/eZYKTTRW #MetricsThatMeasureUp #B2BSaaS #SaaSBenchmarks

Nicolas Kopp, the Founder and CEO of Rillet recently joined our host Ray Rike on the Metrics that Measure Up podcast Nicolas has a vision to help recurring revenue companies leverage a Financial Management Platform purpose-built for their business model During the conversation, Nic and Ray cover the following topics: ✔ Unique Accounting Challenges in a Recurring Revenue Model ✔ The Importance of Revenue Recognition in a Recurring Revenue Business ✔ Financial Performance Reporting beyond the Income Statement ✔ Entering a Mature Market Category with a New Company + New Product One of the first challenges a recurring revenue business will face is translating an annual subscription and the associated "bookings" into GAAP revenue. Nic shared that the the #1 issue he sees early SaaS company's CEO face is the ability to answer the quests "What is my MRR/ARR and do I trust it?" The questions evolve including "What is my deferred revenue?" and "Do I trust my accounts receivables report?" Traditional accounting platforms, such as QuickBooks do not include the concept of "recurring revenue" and the associated reporting requirements The Accounting Platform space is quite mature, and most companies are not proactively looking to swap out their technology until scaling revenue introduces new financial reporting challenges that cannot be addressed with their current platform If you are a founder/CEO entering a mature category or a Finance leader who is struggling with Financial Reporting in a Recurring Revenue business - this conversation is full of unique insights and ideas.

One of the first challenges a recurring revenue business will face is translating an annual subscription and the associated "bookings" into GAAP revenue. Our founder, Nicolas Kopp, experienced this challenge first hand when he was at a fast growing startup with recurring revenue that scaled to over $100M ARR. In this episode with Ray Rike, Nic discusses some of the most common challenges he sees in the market: 💡 What is my MRR/ARR and do I trust it 💡 What is my deferred revenue 💡 Do I trust my accounts receivables report Traditional accounting platforms, such as QuickBooks do not typically have the concept of "recurring revenue" and the unique revenue management, reporting, and SaaS metrics that are specific to a recurring revenue business. If you are a finance leader who is struggling with financial reporting in a recurring revenue business or a founder/CEO entering a mature category - this conversation is full of unique insights and ideas. https://lnkd.in/eZYKTTRW

⚡If you are a founder entering a mature market or a finance leader struggling with recurring revenue, this podcast may provide some insights and ideas

You have your data, but what does it say about the financial health of your business? With accounting, cash, SaaS, inventory, and other KPIs, you can present a holistic overview of your business's performance. Discover a finance KPI for every insight with the help of these finance cheat sheets: - 50 Finance KPIs by Nicolas Boucher - KPIs Cheat Sheet by Nicolas Boucher - The KPIs Cheat Sheet by Oana Labes, MBA, CPA - 24 Startup KPIs by Mighty Digits - 10 Cash KPIs by Nicolas Boucher #finance #kpi #cheatsheet

Companies can significantly reduce their time to revenue by optimizing their quote-to-cash processes. For one clinical research organization we worked with, transforming their sales and finance operations cut their revenue cycle from 9-12 months to just 2-3 months. 📉 Effective cash forecasting and clear financial management can make the difference between financial stability and chaos. Learn more about how precise cash forecasting can enhance your company's financial health in our latest case study. https://lnkd.in/eR5ct5GG #CashFlow #FinanceManagement #SaaS #BusinessGrowth #FinancialStrategy #QuoteToCash #StartupSuccess

📊 Why Timely Book Closing is Critical for SaaS Success 📊 As a SaaS founder or finance professional, closing your books on time is non-negotiable. Delays in your monthly close process can halt your financial analysis, forecasting, and decision-making, leaving you financially blind. Whether you're using in-house accounting or outsourcing your bookkeeping, hitting that monthly deadline is essential to maintain accuracy and stay on track with your growth goals. In my latest SaaS Metrics School episode, I break down the risks of a delayed close and why a strong accounting foundation is key to your company's financial health. 👉 Watch here: https://lnkd.in/g9phCDRj #SaaS #Finance #Accounting #SaaSAccounting #Metrics #FinancialClose #FinancialAnalysis #Forecasting #Bookkeeping #CFO #SaaSBusiness #DataDriven #OutsourcedAccounting #BusinessGrowth #SaaSMetrics #RevenueManagement #FinancialProcess #StartupFinance #SaaSFounders #FPandA #BusinessSuccess

📊 Why Timely Book Closing is Critical for SaaS Success 📊 As a SaaS founder or finance professional, closing your books on time is non-negotiable. Delays in your monthly close process can halt your financial analysis, forecasting, and decision-making, leaving you financially blind. Whether you're using in-house accounting or outsourcing your bookkeeping, hitting that monthly deadline is essential to maintain accuracy and stay on track with your growth goals. In my latest SaaS Metrics School episode, I break down the risks of a delayed close and why a strong accounting foundation is key to your company's financial health. 👉 Watch here: https://lnkd.in/g9phCDRj #SaaS #Finance #Accounting #SaaSAccounting #Metrics #FinancialClose #FinancialAnalysis #Forecasting #Bookkeeping #CFO #SaaSBusiness #DataDriven #OutsourcedAccounting #BusinessGrowth #SaaSMetrics #RevenueManagement #FinancialProcess #StartupFinance #SaaSFounders #FPandA #BusinessSuccess

Struggling with financial clarity in your SaaS business? Discover how a fractional CFO will eliminate that struggle. Optimize your financial functions, and provide the clarity needed for strategic decision-making. Ready to elevate your financial strategy and drive growth? Read the full article here: https://lnkd.in/grvRuwFJ #SaaS #FractionalCFO #FinancialStrategy #Accounting #StartupGrowth #Finance

Are you struggling with financial clarity and efficiency? Our latest case study highlights how a clinical research organization turned its financial chaos into clarity with expert guidance. By focusing on cash forecasting and reengineering their financial processes, we helped them achieve a faster revenue cycle and better decision-making. Dive into the article to learn more about these impactful changes. https://lnkd.in/eR5ct5GG #FinancialStrategy #SaaS #CashForecasting #BusinessSuccess #StartupFinance #QuoteToCash #FinancialHealth #CaseStudy