SaaSOptics Features

SaaSOptics

Subscription Management for B2B SaaS

4.5/5 (28 reviews)

SaaSOptics Feature Summary

  • Accounts Receivable
  • Automated Discovery
  • Billing Portal
  • Centralized SaaS Management
  • Customizable Invoices
  • Dunning Management
  • Invoice History
  • Online Invoicing
  • Online Payments
  • Payment Processing
  • Project Billing
  • Recurring/Subscription Billing
  • Renewal Management
  • Revenue Recognition
  • SaaS Metrics & Analytics
  • Subscription Billing
  • Subscription Management

Competitor Feature Comparison

API
Accounting Management
Analytics
Automatic Notifications
Billing & Invoicing
CRM Integration
Collections Management
Contact Database
Customer Accounts
Data Synchronization
Data Visualization
Financial Management
General Ledger
Invoice Management
Multi-Currency
Order Management
Order Processing
Recurring Billing
Reporting & Statistics
Revenue Management
Revenue Recognition
Scheduling
Third Party Integration
Transaction History
Widgets
Visit WebsiteCompare App
API
Accounting Management
Analytics
Automatic Notifications
Billing & Invoicing
CRM Integration
Collections Management
Contact Database
Customer Accounts
Data Synchronization
Data Visualization
Financial Management
General Ledger
Invoice Management
Multi-Currency
Order Management
Order Processing
Recurring Billing
Reporting & Statistics
Revenue Management
Revenue Recognition
Scheduling
Third Party Integration
Transaction History
Widgets
Visit WebsiteCompare App
API
Accounting Management
Analytics
Automatic Notifications
Billing & Invoicing
CRM Integration
Collections Management
Contact Database
Customer Accounts
Data Synchronization
Data Visualization
Financial Management
General Ledger
Invoice Management
Multi-Currency
Order Management
Order Processing
Recurring Billing
Reporting & Statistics
Revenue Management
Revenue Recognition
Scheduling
Third Party Integration
Transaction History
Widgets
Visit WebsiteCompare App

SaaSOptics Feature Reviews

25 reviewers had the following to say about SaaSOptics's features:

Daniel Forth

Excellent Tool for GAAP and Non-GAAP SaaS Reporting

2017-04-10

It combines reliable GAAP calculations needed for financial statements with a wide range of Non-GAAP Subscription metrics.

Pros

Approach to calculations (decoupling of invoicing from rev rec), robust reporting suite, continued evolution of product, customer support.

Cons

Not much, can sometimes be tough to run complex reports or imports, but customer support has been able to help with this. Integrations with NetSuite/Intacct not yet available, but those are in the works.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10

Recommendations to others considering SaaSOptics

Spend time to implement the product correctly and to understand best practices. Any shortfalls in your experience with the tool will likely be caused by one or both of these.

Source: Capterra
Helpful?   Yes   No
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joseph dapolito

We implemented SaaSOptics to prepare for our first audit and eventual entry to capital market

2018-05-22

GAAP Compliant revenue recognition and Analytics necessary to support capital market inquiries.

Pros

During the audit, I was able to use SaaSOptics to quickly and easily provide revenue recognition reports and deferred revenue calculations that were reviewed and approved by our auditors.

Cons

I would like to the month end financial accounting interface to be more automated.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Grace Devoto

Future invoices, Tax options & Client Billing (info) Profiles

2017-03-17

My other option would be to create line items for tax ( I have discussed this option with QB) but then it would pull into SaaSOptics as a product line (not tax) which would in turn throw the financial summary out of balance.

Pros

Financial Summary - Overview of account

Cons

Tax options

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

4/10
Source: Capterra
Helpful?   Yes   No
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Pete Perrone

SaasOptics - awesome subscription management solution!

2017-04-08

Very clear documentation including videos, comprehensive feature set that covers all contract scenarios, and workflows that make sense for the business.

Pros

- Feature set supports all contract scenarios - Easy to get under the hood and understand how it works, builds confidence in numbers - Integrated with Quickbooks and SFDC - Rev rec is rock solid

Cons

I'd love to see more robust renewals management integration with SFDC.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10

Recommendations to others considering SaaSOptics

Do the training videos! Makes it so much easier to implement and understand.

Source: Capterra
Helpful?   Yes   No
Read more
Jared Mugar

Very powerful tool for managing SaaS revenue and invoicing.

2017-03-23

It has offered so much organization, clarity, and insight into our revenue stream, churn rate, invoicing, etc.

Pros

The ability to accurately recognize, track, and predict recurring revenue and invoices.

Cons

UI and ease of use, although this has improved lately

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Jack Allman

Huge Time Saver but Could Use Some Reporting Tweaks

2017-03-20

I use Saasoptics everyday and while it has greatly reduced time spent in my department on billing processes we still do not use it as our main finance reconciliatory system due some small differences in our accounting methods with those built into the system (365 day schedule vs 360, no accounting for leap years, no customization of rev rec periods besides the built in choices).

Pros

The billing functions are intuitive and a time saver.

Cons

It is not fully compatible with our tax system when synced to QB which causes myself or people on my team to go back into every invoice generated in QB to re-save and create a tax line.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Jason Lopez

Does exactly what we need it to

2017-03-17

My only qualms would be with the Finance Reporting, as not having analytical data included as optional columns makes the processes of bringing that information in painful and time consuming (downloading an analytical report and using a vlookup to cross reference based on customer or contract numbers).

Pros

Ease of use. Price point. Flexible depending on business case (high volume, low dollar vs low volume, high dollar)

Cons

For Auto-Process feature when syncing, user should be able to choose what data is okay to make this workable.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

9/10

Recommendations to others considering SaaSOptics

I think this is a really great product at a great price. The cons I have listed above are things I think the company should think about as I believe resolving them would really help you take off. The product has made leaps and bounds since we first signed up in June 2016, so keep up the good work!

Source: Capterra
Helpful?   Yes   No
Read more
Alex Backer

What were they thinking?!

2017-03-30

UI, UI, UI. My business recently enrolled in SaaSOptics, a financial reporting service for SaaS business.

Pros

Still looking for a pro. Update: Within three business days of my review, I was contacted by a SaaSOptics employee with an offer to help. So I have now found a pro: their support seems to be attentive. I have found their leadership to be extremely attentive and helpful

Cons

The UI.

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

0/10
Source: Capterra
Helpful?   Yes   No

Response from SaaSOptics


Thank you for your feedback and updating your review. Ensuring our customers have a positive experience is our priority and we're sorry you were dissatisfied.

SaaSOptics manages complex B2B subscriptions including revenue recognition, one-off billing, and sophisticated analytics. As a result, we are upfront about the required online training throughout our sales and implementation process. When compared with other similar systems with training and learning curves measuring in days and months, SaaSOptics is radically better at just 4 hours of training.
Accounting, bookkeeping, and subscription analytics are not intuitive concepts. It takes more than a few hours or days to get your CPA, learn QuickBooks, or efficiently use sophisticated general ledgers like NetSuite and Intacct. It takes only a few hours to learn SaaSOptics and once you do, you find the layout, navigation, and operation of the platform organized and efficient. But in the end, you can't just login and start using it.

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Rose Fields

SO user 3+ years

2017-03-17

It does a good job of maintaining the invoice schedule and revenue schedule separate of each other.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Andrei Z.

A fantastic and much-needed platform for growing SaaS businesses

2018-08-28

As you can imagine, these brave souls simply would not have time to pull together the sort of deep multi-faceted business intelligence reports and ongoing analytics that SaaSOptics gives us at basically the push of a button.

Pros

SaaSOptics is incredibly flexible and the only solution of its kind that we've seen successfully integrate both Salesforce and Quickbooks in a way that actually dramatically saves time and improves data integrity.

Cons

Our experience is that benefits of the time-saving workflows and powerful reporting far outweigh the time investment required to get ramped up.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Amar Shrivastava

Been using the product for 5+ yrs, it's great

2017-04-14

We have been through several Big 4 audits and the system has really reduced our time in providing backup for the audit.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Benton Mahaffey

Excellent SaaS Billing Tool

2019-12-05

Very great tool to automate billing and revenue accounting

Pros

Handles rev rec seamlessly, great for B2B billing, super customizable, syncs with salesforce extremely well

Cons

Doesn't have a great customer facing billing or purchasing option, some of the ARR calculations can be a little wonky

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Marianne Sladek

SaaSOptics is Great

2017-03-17

I'm old fashioned so everything looks too expensive to me (including bread and fruit), but the system has proven invaluable for deferring income and all of it's reports and it's ability to sync with QuickBooks in a snap, perfectly every time.

Pros

The only thing that tracks deferred income and gives fantastic reports, all accurately, while syncing with QuickBooks.

Cons

In other words, would like the QuickBooks feature of being able to go back and see the December 2016 report within the system and have a track (transaction detail report) of what was changed after the end of the period.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10

Recommendations to others considering SaaSOptics

It is great if you are dealing with deferred income!

Source: Capterra
Helpful?   Yes   No
Read more
Angela Crawford

Very good option for subscription based businesses

2017-03-20

We used this software to convert a subscription based business from using QuickBooks invoicing to SaaSOptics e-invoicing.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Larry Rhodes

Review of SaaSOPtics

2017-03-20

I would like to see more filters available on the existing financial reports that would allow greater flexibility in report generation, and even the capability to create reports, both financial and analytical.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Debbie Cobb

TDn2K, LLC

2017-03-20

There are some addition reports that would be nice to have.

Pros

Easy to use.

Cons

Not enough filters available on reports

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Lindsay Walker

Subscription based invoicing solution.

2017-03-20

Invoicing for our subscription based business is faster and easier after using SaaSOptics.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Suzanne MacGillivray

Great tool & great support

2017-03-24

It's a very good idea to spend the time on the training so you can utilize the system fully - there are lots valuable tools that will save you time & confusion (ask me how I know this.)

Pros

Love to have tons of information & links to information & processes all in one handy place.

Cons

Also, I sometimes can't figure out how to get particular information from reports. Also, often auditors want to see the daily revenue recognition schedule & we can't seem to get that.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10

Recommendations to others considering SaaSOptics

Overall it is well worth it & functions very smoothly.

Source: Capterra
Helpful?   Yes   No
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Carmen Barth

First 45 days of software for new hire

2017-03-17

I find it hard to change the invoice numbers to what we have invoiced through our accounting system.

Rating breakdown

Value for money
Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Abby Weatherby

Highly Recommend SaaSOptics!

2017-03-20

SaaSOptics transformed our revenue recognition process, migrating it from an Excel spreadsheet to an automated platform integrated with our billing system.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Taffy Reyes

Great Program

2017-03-20

It is easy to use and keeps all our billing on track.

Pros

I love the revenue recognition.

Cons

I can't say there is anything I don't like about the system.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10

Recommendations to others considering SaaSOptics

Not at this time

Source: Capterra
Helpful?   Yes   No
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Karen Watts

Wouldn't do Rev Recognition without this!

2017-04-08

As an outsourced accounting company, we service lots of clients who have saas revenue models.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
McKenzie Herges

Great customer support

2017-03-20

It was very easy to be trained on and whenever I had questions, customer support was incredibly helpful.

Pros

Very easy to use and great support

Cons

Revenue being based on days instead of months. It's easy to adjust, but time consuming when having to adjust revenue for several txns.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Jeremy Kreitman

Have been very impressed by the ease of use and implementation so far

2019-02-16

Pros

Implementation has been relatively straightforward and so far it has been able to accommodate all of the needs we've required.

Cons

The UI is definitely a bit dated looking.

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Marie May

Definitely recommend

2017-03-17

SaasOptics is a great tool and has much functionality..... A little bit of a learning curve but once we worked with it, not sure why we didn't purchase it sooner. Customer support and onboarding was great - very helpful. Would highly recommend you check it out! We are very happy that we did!!

Pros

Great functionality and takes away the manual effort on our part

Cons

Had a little bit of a learning curve, but put the time in and you will be happy you did

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10

Recommendations to others considering SaaSOptics

We are just happy we purchased it as it has been a very useful tool for our company!

Source: Capterra
Helpful?   Yes   No
Read more