How do you track and manage SaaS expenses in your startup and small teams?
Lukasz Misiak
4 replies
Do you use spreadsheets or dedicated tools? Or maybe you do not track it at all😉
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Sven Radavics@sven_radavics
intribe | Tinder for Brand Partnerships
We use Xero. Worth every cent. Most of it is automated.
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Hummin'
@sven_radavics Hi Sven, other than automation, what other benefits do you get from Xero? also can you tell me what automation you're using? billing? or registering? I just checked their website but I was just curious about the benefits from a user's perspective.
intribe | Tinder for Brand Partnerships
@imjohnkoo we have a SaaS, so it's a subscription model. All the transactions get automatically added where they should. It integrates with our Credit Card provider and our main bank account. We also subscribe to a lot of Saas so all that is automated as well.
So after setting up, I don't need to touch 99% of our financial transactions.