The Top Accounting and Finance Software SaaS Companies

As of Jan 2020, these 130 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 130 companies with combined revenues of $2.6B.

These companies have raised a total of $365.1M. Together, these Accounting and Finance Software saas companies serve 52M customers and employ over 23K 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
    Checkout.com

    Checkout.com

    Accounting And Finance Software

    Provider of an online payments platform intended to track and secure digital payments across the Internet. The company's application integrates with an end-to-end payment technology that eliminates intermediaries, accepts multiple credit and debit cards, c

    $450M

    $830M

    991

    2012

    Accounting And Finance Software

  2. 02
    Xero

    Xero

    Accounting and Finance Software

    Global platform for small business

    $450M

    2M

    4K

    2006

    Accounting and Finance Software

  3. 03
    OneSpan

    OneSpan

    Accounting And Finance Software

    Vasco Data Security International designs, develops and markets digital services for identity, security and business productivity that protect and facilitate transactions online, via mobile devices and in-person. The company provides anti-fraud and digital

    $201M

    10K

    764

    1991

    Accounting And Finance Software

  4. 04
    СКБ-Контур

    СКБ-Контур

    Accounting and Finance Software

    СКБ Контур - ведущий разработчик онлайн сервисов для бухгалтерии и бизнеса. SAAS-продукты от СКБ Контур выбирают тысячи предприятий по всей России для сдачи отчетности, обмена электронными документами и ведения бухгалтерии.

    $200M

    2M

    2K

    1988

    Accounting and Finance Software

  5. 05
    SpeedTax

    SpeedTax

    Accounting and Finance Software

    SpeedTax offers Software-as-a-Service sales tax management and compliance solutions to businesses of all sizes. SpeedTax is a fully-automated, outsourced service featuring affordable, easy-to-use, technologically advanced solutions that handle all aspects

    $125M

    699

    1K

    2007

    Accounting and Finance Software

  6. 06
    Razorpay

    Razorpay

    Accounting and Finance Software

    Razorpay accepts, processes, and disburses money online for small businesses and enterprises.

    $124M

    $225M

    450K

    700

    2014

    Accounting and Finance Software

  7. 07
    Bill

    Bill

    Accounting and Finance Software

    com is a US-based cash flow management software system, provided as a software as a service that integrates with accounting and banking systems.

    $80M

    $278M

    66K

    726

    2008

    Accounting and Finance Software

  8. 08
    insightsoftware

    insightsoftware

    Accounting And Finance Software

    Developer of operational and financial business intelligence software. The company's software program uses data-driven intelligence to make business decisions, enabling enterprises to eliminate costly integration projects and ensure data integrity and secu

    $62M

    $10M

    500K

    767

    2010

    Accounting And Finance Software

  9. 09
    Sherweb

    Sherweb

    Accounting And Finance Software

    Keep it simple with one cloud provider. Today more than 6,000 Sherweb partners grow their business using our value-added services. Our approach is simple: help partners, no matter their size, add value to their customers by providing a tailored approach to

    $54M

    726

    1998

    Accounting And Finance Software

  10. 10
    Contabilizei

    Contabilizei

    Accounting and Finance Software

    Developer of an online accounting platform intended to offer tax reporting and accounting automation services. The company's SaaS-based platform replaces manual accounting practices with a proprietary web and mobile-enabled service, enabling small and medi

    $51M

    10K

    607

    2010

    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.