Finance is a key part of any business. Without the right automation tools to track company KPIs, pay invoices, track revenue or manage expenses, finance operations become time-consuming and expensive.
New SaaS tools have flooded the market, creating an array of finance automation options for finance leaders. These SaaS tools are designed to help them overcome the challenges of traditional accounting software, manage cash flow, and look through financial data to make company decisions.
For every finance need, there is a SaaS tool that can help. The problem is knowing which software to leverage.
Choosing the right automation tool
The saturation of SaaS finance software has made it more difficult to know which SaaS tool to adopt. Choosing the right SaaS tool is important to help your company scale in the best way possible. This is particularly true for rapidly-growing companies that need to use automation tools to meet their work demands.
That’s why we asked 100+ APAC finance leaders to share the SaaS tools they use in their SaaS stack. Getting insight into the finance stack of top finance leaders can help CFOs decide what tools to implement in their own company. Startup CFOs can use these SaaS recommendations as a guide for their SaaS stack.
Top finance SaaS stack report
In this report, we covered 10 categories of SaaS tools that are in the stacks of finance leaders. These include accounting, billing and expense management, budgeting and forecasting, document management, international payments, credit card and virtual card providers, SaaS management, data rooms and equity management software. Finance leaders use a variety of software tools; these were the most prominent SaaS categories. Before adopting a new SaaS tool, Startup CFOs can use this report for SaaS recommendations.
We’ve also covered the specific SaaS tools finance leaders use depending on the size of their company, with the majority of respondents being CFOs at companies with 11-100 employees. Interestingly, we also uncovered many automation tools that finance leaders haven’t invested in.
Download our finance SaaS stack report to uncover the top SaaS insights today.