SaaS Benchmarking Data Made Available For Firms To Pace Their Growth
LAS VEGAS, NV-: Intacct, a provider of cloud ERP software announces the integration of benchmarking data from Pacific Crest's annual Private SaaS Company Survey into the Intacct Digital Board Book for SaaS Metrics. Pacific Crest the technology specialists of KeyBanc Capital Markets, as well as other high-growth sectors, includes Cloud and Big Data, global internet, mobility, next-gen infrastructure and communications among other growing technologies.
Every company has their own way of tailoring SaaS metrics. As a result, management teams found it a really tough job earlier to make meaningful comparisons with other firms. Finance teams had to manually source reliable benchmark data and company performance data in spreadsheets. They also had to manually calculate variances—which significantly increased workload and the scope for errors as company performance data or industry benchmark data changed.
This integration of SaaS data will help automate the calculation of a company's performance metrics according to standardized definitions and provide instant comparisons of relative performance based on the most trending industry benchmarks. Executives can gain instant insights into relative performance, helping them make the best-informed decisions to optimize their strategies.This is made possible by using real-time comparisons instead of the conventional regularly refreshed benchmarks.