CFOs often approach us with the same problem…
“I don’t trust our reporting, and it takes too long produce”
Reconciling data takes too long, spreadsheet errors creates distrust, and we don’t have a standardized way to report key metrics to investors. Whether you’re raising funding or preparing for board meetings, producing trustworthy data is essential. See why CFOs trust Maxio as their source of truth for all things SaaS reporting.
The problem?
Operating out of disconnected systems leading to inefficient processes.
Before Maxio
- Reconciling data from disconnected systems
- Long month-end closes from inefficient processes
- Difficult or failed audits
With Maxio
- One-click investor-grade metrics & financial reporting
- More efficient month-end closes
- Audit-ready revenue reporting and audit trails
Earn and keep your investors’ trust with investor-grade SaaS metrics
One-click investor-grade SaaS metrics
- Generate key SaaS metrics like ARR, MRR, churn, LTV, and more.
- Understand what is driving your business with drillable reporting.
- Segment reports with customer data.
Audit-ready financial reporting
- Connect all of your customer, contract, invoice, revenue, and payment details together into a single source
- Produce accurate, reportable revenue with just one click
- Run calculations with always up-to-date billing and invoicing records
Ready to reach zero-friction-finance?
Save dozens of hours every month on month-end close
Maxio acts as a GAAP revenue sub-ledger. Track transactions, automate GAAP compliant revenue recognition, and sync payments and invoices directly to your general ledger, which makes month-end close more efficient than ever.
Make revenue recognition frictionless
- Automatically apply your revenue policy with accuracy and consistency across your entire customer base.
- Sync paid invoices with your general ledger—no manual transfer required.
- Create revenue and deferred revenue schedules instantly
Automate deposit reconciliations with Maxio Payments
Sync deposits with your GL in real time so you can spot and resolve discrepancies instantly. This will reduce manual reconciliations and accelerate your month-end close with confidence.
Integrate your financial tech stack
Reduce accounting errors and save time with Maxio’s bi-directional integrations. Automate tedious tasks like manual entries, reconciliation, and more.
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“Maxio has completely eliminated the associated manual tasks and has dramatically reduced time spent on revenue recognition, invoicing and collections.”Read more on G2 -
“Maxio solves the need for complex spreadsheets, virtually automates customer onboarding, and is critical for monthly metrics reporting. Seamless integration with other tools like Salesforce and ERP software allows for visibility and consistency across functional groups within our organization.”Read more on G2 -
“The upside of Maxio is the reporting capabilities at both a high and detailed level and the variety of information you can generate. The platform is easy to implement and there is an implementation team to assist with the transition. It also integrates with our CRM and GL systems.”Read more on G2 -
“Maxio… has allowed us to streamline our invoicing and revenue recognition policies. We previously did this manually in spreadsheets and was taking anywhere up to 30-40 hours per month, Maxio has allowed us to reduce this to 10-15 whilst increasing volume of invoices significantly and increasing accuracy of our revenue recognition.”Read more on G2 -
“The platform has also increased our billing efficiency and regularity in following up on outstanding invoices, speeding up cash collections and reducing manual intervention in AR collections.”Read more on G2 -
“The revenue recognition is unparalleled in other systems. It has cut our month-end close down from 15 days to 5 days.”Read more on G2 -
“Recording transactions/contracts with Maxio is much easier, faster, and the chance of human error is greatly reduced. Reporting capabilities make recording revenue recognition journal entries a breeze at month-end, and management is able to utilize the reporting tool at any time to help make better business decisions.”Read more on G2
Finance and accounting software FAQs
Finance and accounting software is software purpose built for finance teams. This type of software automates historically manual accounting processes freeing teams to dedicate time on more strategic projects. Processes like revenue recogntion, producing SaaS metrics, reconciliation, collections, and more are handled by this type of software.
Finance software helps ensure compliance with Generally Accepted Accounting Principles (GAAP) by streamlining the revenue reporting process specific to your own business model. Revenue recognition automation features ensure consistent and compliant revenue accounting within the specific requirements of IFRS 15 and ASC606 and other GAAP principles, so your finances are always in order and annual financial audits go smoothly.
Most revenue recognition tools are able to integrate with other systems. These may include customer relationship management (CRM) platforms like Salesforce; enterprise resource planning (ERP) systems like Oracle NetSuite; and a range of project management and general ledgers/accounting software your organization may use.
Integrating with these platforms streamlines workflows, allowing for real-time data synchronization, ensuring that all revenue-related activities, such as sales, renewals, and cancellations, are accounted for.
Maxio’s advanced accounts receivable management software streamlines accounts receivable management by automating customer payments and collections management. It allows users to customize invoicing, implement automated dunning processes to recover past due payments, and manage customer accounts efficiently. These features help businesses reduce the time and effort spent on manual collections and improve cash flow.
SaaS reporting tools enable decision-makers to access accurate, real-time data, displayed in easy-to-read graphs and reports, and clearly understand the status of each of their key performance indicators in relation to their KPI goals.
By representing data in an understandable way, SaaS reporting tools enable business leaders to make informed decisions quickly, optimize strategies, and drive growth. This data-driven approach ensures that decisions are based on actual performance metrics, rather than assumed conclusions or gut feelings.
Ready to remove friction?
See how you can streamline your month-end close with Maxio by automating revenue recognition, invoicing, and reportings.