News and Events
Key Takeaways from the SaaS Con PH: Connecting Founders, Enterprises, and Investors
Scrubbed recently attended the groundbreaking SaaS Con PH, an event
Accounting for SaaS Companies
Scrubbed’s expert accounting for SaaS companies optimizes financial efficiency. Navigate complexities, ensure compliance, & drive success in your SaaS ventures.
Accounting for SaaS Companies
Scrubbed’s expert accounting for SaaS companies optimizes financial efficiency. Navigate complexities, ensure compliance, & drive success in your SaaS ventures.
Your SaaS Business Has Unique Accounting and Finance Needs
As demand for cloud-based software grows, so do the accounting complexities for SaaS companies.
Since you don’t sell a physical product, determining when to recognize the revenue can be difficult. Similarly, knowing when to recognize expenses—which ones to amortize and which to recognize immediately—can be tricky.
On top of that, if your business operates in multiple states, you need to follow lots of different sales tax laws. It’s a lot to keep track of, and getting it wrong can mean compliance issues or inaccurate reporting.
That’s why many US-based SaaS companies turn to Scrubbed.
We understand accounting for SaaS companies. Our SaaS accounting experts keep your finances accurate and compliant while meeting your investors’ reporting requirements.
Ready to talk? Pick the time that works best for you!
Outsourced Accounting for SaaS Companies
SaaS companies rely on Scrubbed for high-quality accounting services. Our experienced team helps with everything from revenue and expense recognition and financial reporting to budgeting and forecasts that help you plan with confidence. We work alongside your team so you can focus on what you do best—building great software for your customers.
While every Scrubbed engagement is unique, the accounting services we offer SaaS businesses include:
- Perform a revenue recognition analysis for each contract, to ensure you recognize revenue properly
- Determine how to recognize and account for the related expenses
- Handle all your day-to-day accounting tasks, enabling you to focus on your core business
- Prepare accurate financial statements that help you run your business, meet investors’ expectations, and satisfy bank covenants
- Establish robust, well-documented accounting processes and controls that reduce risk
- Ensure compliance with the latest update on accounting standards (e.g., leases, current expected credit loss standard), if applicable
- Provide tax return preparation and tax advisory services to keep you in compliance
- Perform financial planning and analysis to help you budget, forecast revenue and expenses, and allocate resources effectively
- Develop financial models that enable you to consider different scenarios and plan confidently
- Develop compelling investor pitch decks that help you secure capital and grow
Exceptional
Talent,
Everytime
Taxation
- R&D Tax Credit Study
- Tax Prep and Filing
- Federal, State, and Local compliance
- Tax Planning and Advisory
- Other Tax Services
Corporate Finance
- Valuations
- Data & Analytics
- Data Visualization
- M&A Support
- Financial Modeling
- Financial Planning & Analysis
- Restructuring Support
- Pitch Deck/Investment Memorandum
Financial Accounting
- Revenue Recognition
- General Ledger Maintenace
- Accounts Payable Management
- Accounts Receivable Management
- Payroll Recording
- Fixed Asset Accounting
- Bank Reconciliation
- Financial Reporting
Risk Advisory
- SOX Compliance
- Cybersecurity Services
- Planning and Risk Assessment
- Business Process Review
- Internal Controls
- Internal Audit
- SOC Audit
Technical Accounting Support
- Technical Accounting Research and Consultation
- Business Advisory
- Adoption of Complex Emerging Standards
- Financial Statement Preparation, Conversion, and/or Analysis
- Financial Close and Audit Readiness Support
- Financial Statement Conversion
- Conducting an IPO readiness program
ESG Support
- Sustainability Reporting
- Risks and Opportunities Asssesments
- Accounting and Reporting ESG related transactions
- Stakeholder Engagement
- Policy advisory and creation
- Sustainability Training
Why Scrubbed is the Right Accounting Partner for SaaS Companies
Turnkey
Service
We can handle all your accounting tasks, from daily bookkeeping to financial planning.
Industry-Specific
Expertise
We understand accounting for SaaS companies, including specific issues like revenue recognition and sales tax laws. Our team helps you stay compliant and ensures your reports meet the requirements of investors and lenders.
Higher
Quality
Scrubbed’s proven processes ensure the highest-quality accounting and finance services, delivered on time.
Lower
Costs
Outsourcing your accounting to Scrubbed is more affordable than hiring and training an internal accounting team—leaving more of your budget for software development and support…
Ready to Simplify SaaS Accounting?
Let’s talk about your company’s needs. Schedule a free consultation, and we’ll show you how Scrubbed can help.
Schedule a free consultation today.
Contact us by email. We will respond as quickly as possible.
Helping SaaS Companies Grow
At Scrubbed, we know what it takes to launch and grow a successful business. We started as a small team with a big vision. Ten years later, we have around 1000 team members. We’re passionate about supporting founders with specialist accounting for SaaS companies.
Insights for Your SaaS Company
Blogs
News and Events
Finance, AI, and Web3—HK FinTech Week 2023 Highlights
Scrubbed at Hong Kong FinTech Week ’23, exploring innovation amid
SaaS
How to get Revenue Recognition right for your SaaS Company
Unlike every other companies, SaaS in particular need to be specially aware of the new
Tips, Guides, & Case Studies
Media: Case Study
Scrubbed Helps An Early Stage Start-up Company Achieve $7 Million Fundraising Round
As they prepared to launch a seed fundraising round intended to secure $5 million in capital, Hyperreal Digital Inc
SaaS: Guide
A Complete Guide to Raising Capital for SaaS Businesses
Securing investment capital is essential for SaaS companies, enabling continuous product enhancement, effective marketing, and seamless scaling.
SaaS: Guide
Get Clarity on SaaS Sales and Use Tax: Download Our Sales Tax Compliance Guide
Are you struggling to determine which states require you to collect and remit sales and use taxes on your SaaS product?
SaaS: Guide
Master the Complexities of SaaS Revenue Recognition
Are you navigating the intricate world of Software-as-a-Service (SaaS) accounting? If so, you know that the right approach to revenue recognition is paramount.
Early Stage: Guide
The Founder’s Guide to Early-Stage Funding
As the founder of a new business, you’ve developed an idea for a product you believe will fill an important need in the market.
The Leadership Team
Joy Gallardo
Joy has more than 11 years of experience that includes general accounting, assurance and advisory service lines. Her expertise are on project and finance operations management and has thorough exposure on finance transformation, business process optimization and continuous improvement projects. Prior to Scrubbed, she started her career with Ernst & Young Philippines.
Laurence Ruelo
Our Director of Finance, Laurence, has more than 10 years’ experience providing full accounting and advisory support to Nonprofit clients.
Many of his projects have included working on-site with international organizations to streamline their finance processes across their locations and ensure accurate reports for individual locations and organization-wide.
Ready to turn your SaaS accounting* challenges over to the experts?
Let’s chat about your accounting and finance needs and how our SaaS experience can simplify your accounting, keep you compliant, and help you grow!
Ready to turn your SaaS accounting* challenges over to the experts who know your industry?
Let’s chat about your SaaS company’s accounting and finance needs. We’re ready to apply our SaaS experience to simplify your accounting, keep you compliant, and help you grow!