How do you track and manage SaaS expenses in your startup and small teams?

Question

Do you use spreadsheets or dedicated tools? Or maybe you do not track it at all😉

Sven Radavics · Accepted Answer

We use Xero.  Worth every cent.  Most of it is automated.

Sven Radavics · Answer

@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.

Lukasz Misiak · Answer

@sven_radavics thanks😉

John Koo · Answer

@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.

How do you track and manage SaaS expenses in your startup and small teams?

Replies