The Top Accounting and Finance Software SaaS Companies

As of Jan 2020, these 127 SaaS companies are the largest in the Accounting and Finance Software space. (Click to apply)

This list tracks the largest private B2B Accounting and Finance Software SaaS companies by revenue. In total, this list features 127 companies with combined revenues of $2.5B.

These companies have raised a total of $302.5M. Together, these Accounting and Finance Software saas companies serve 5M customers and employ over 22K on their teams.

$0 - $1M ARR
  1. Finimize $1.0M
  2. CASSA $990.0K
  3. PocketSuite $980.0K
  4. Necho $947.0K
  5. Tolteck $910.9K
$1M - $5M ARR
  1. Tesorio $4.9M
  2. Goby $4.9M
  3. Parasut $4.7M
$10M+ ARR
  1. Checkout.com $450.0M
  2. Xero $450.0M
  3. OneSpan $201.0M
  4. SpeedTax $125.2M
  1. 01
    Spotlight-Reporting

    Spotlight-Reporting

    Accounting and Finance Software

    An integrated cloud reporting and forecasting tool that allows you to create insights for better business decisions. Designed by Accountants, for Accountants.

    $5M

    $4M

    52

    2011

    Accounting and Finance Software

  2. 02
    Tesorio

    Tesorio

    Accounting and Finance Software

    Tesorio is the cash flow performance platform that helps finance teams better manage, predict and co...

    $5M

    50

    2015

    Accounting and Finance Software

  3. 03
    Goby

    Goby

    Accounting and Finance Software

    Developer of cloud-based AP automation platform designed for accounts payable professionals. The company's platform assists customers in the areas of operational performance operations, including building retrofits, energy audits, simulation and incentive

    $5M

    58

    2008

    Accounting and Finance Software

  4. 04
    TOPS Software

    TOPS Software

    Accounting and Finance Software

    Developer of a community association management software designed to offer scalable and easy-to-use applications for the condo and homeowners association management industry. The company's community association management software is integrated with an acc

    $5M

    81

    1985

    Accounting and Finance Software

  5. 05
    Parasut

    Parasut

    Accounting And Finance Software

    Developer of a bookkeeping software intended to simplify financial management. The company's cloud-based automatically software tracks, invoice, income expenses, inventory and current account as well as features e-billing and online revenue collection syst

    $5M

    $4M

    97

    2013

    Accounting And Finance Software

  6. 06
    Jedox

    Jedox

    Accounting and Finance Software

    Jedox is an Enterprise Performance Management software which is used for planning, analytics and reporting in finance and other areas such as sales, human resources and procurement.

    $5M

    $132M

    243

    2002

    Accounting and Finance Software

  7. 07
    ClickSWITCH

    ClickSWITCH

    Accounting and Finance Software

    ClickSWITCH is an automated account switching solution for financial institutions and FinTechs.

    $5M

    $19M

    50

    2014

    Accounting and Finance Software

  8. 08
    Nucont

    Nucont

    Accounting and Finance Software

    We are a startup that transforms the conventional accounting balance sheet into a panel with graphs and management indicators that deliver value to companies, clients of accountants. Your accounting hassle-free!

    $4M

    49

    2017

    Accounting and Finance Software

  9. 09
    TSD Rental

    TSD Rental

    Accounting and Finance Software

    Developer of SaaS-based rental and loaner fleet management software in the United States. The company's SaaS-based rental and loaner fleet management software enables customers to manage and automate accounting and GL interfaces, pay money online via credi

    $4M

    82

    1983

    Accounting and Finance Software

  10. 10
    My Digital Accounts

    My Digital Accounts

    Accounting and Finance Software

    My Digital Accounts is automated, cloud based accounting and contractor payroll software engineered to keep things simple, grow your business and build a great relationship with your finances! We seamlessly integrate into your current technology stack to h

    $4M

    48

    2015

    Accounting and Finance Software

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What are the fastest growing companies doing?

83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?

We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.