Level up your finances with SaaS accounting software

Zeni’s SaaS accounting software solution combines AI technology with dedicated human experts. Find out why it’s the best way to meet your SaaS startup’s accounting needs with a single unified platform.
Outsource Your Accounting

Zeni SaaS Accounting Software

Managing your startup’s finances doesn’t have to be overwhelming. Zeni’s AI-powered accounting software goes beyond basic automation, taking care of everything from data entry to real-time financial insights.

With daily updates and expert support, you’ll always have a clear picture of your finances—without the hassle. Here’s a quick look at the features that make Zeni the perfect fit for growing businesses.

AI accounting software

Most modern accounting solutions offer some level of automation, but Zeni’s AI accounting software for startups can do far more than basic expense tracking and categorization.

Using advanced technologies like optical character recognition, Zeni captures, categorizes, and reconciles financial data from a variety of sources, including your receipts, invoices, and bank account or credit card statements.

The software's machine learning capabilities also continuously enhance its performance. As it analyzes your data over time, Zeni becomes increasingly effective at tailoring its accounting practices to your personal preferences.

Sitting on top of your QuickBooks Online account, Zeni can also transform the data it analyzes into actionable insights. It can identify financial statement trends, forecast potential outcomes, and provide strategic suggestions based on its in-depth understanding of your SaaS business.

Accounting professionals available

Zeni’s SaaS accounting solution can automate many accounting and bookkeeping tasks, but we know there’s no replacing the value of a human expert.

All Zeni software subscriptions include access to a dedicated team of accounting professionals.

Our accountants bring years of bookkeeping, accounting, and tax experience with venture-backed startups to the table.

Get the best of both worlds, with AI software that automates routine financial tasks and seasoned professionals who can provide personalized financial advice and support.

Close your books in record time, every time

Closing the books in time to make use of your financial data is often a challenge with traditional accounting. Manual processes can lead to significant delays, limiting your financial planning capabilities.

However, Zeni’s AI-powered accounting software can consistently help close your books in record time. By streamlining tasks like data entry, transaction processing, and account reconciliations, you can get penny-perfect books without the usual wait.

With daily updated financial records, you and your team of Zeni accounting experts can monitor your financial activities in real time, empowering you to make better-informed business decisions.

Unified platform

Having to juggle multiple technologies is another common challenge when outsourcing financial processes. Fortunately, Zeni offers an efficient way to consolidate your tech stack and streamline your accounting process.

In addition to bookkeeping automation and access to a team of dedicated experts, Zeni’s accounting software subscriptions include:

  • Complimentary bill pay and employee reimbursement tools designed to save you both time and money on accounts payable (AP)
  • A business checking account with no hidden fees, offering $3M in FDIC insurance coverage and earning up to 4.05% APY
  • A business credit card with 1.75% cash back and zero monthly or hidden fees

Minimize the need for additional solutions with Zeni’s unified platform for a much more seamless financial management experience.

Other Zeni FinOps Services

Zeni can also help you minimize the need to engage multiple financial service providers to meet your business’s various needs. In addition to basic accounting and bookkeeping, we offer the following financial operation services:

  • Payroll service: Our specialists can manage all aspects of payroll compliance, including employee onboarding, ongoing support, and termination.
  • Fractional CFO service: Get CFO-level guidance for a fraction of the cost when you need help navigating challenging financial situations, such as raising venture capital, applying for a business loan, or an M&A transaction.
  • Business tax service: Outsource your tax planning and preparation to professionals who can help maximize your tax savings and keep you compliant in an evolving regulatory landscape.

Consolidate your tech stack and relationships with financial service providers using Zeni’s comprehensive platform. Get the support you need from a single provider that specializes in helping startups and SaaS companies like yours.

Benefits of accounting software for SaaS companies

Accounting software is a must-have for most modern businesses due to its increased accuracy and efficiency compared to manual spreadsheets. However, it provides especially significant benefits for SaaS companies, including the following:

  • Streamlined GAAP accounting: SaaS companies often adopt the accrual accounting basis in compliance with GAAP, under which expense and revenue recognition are more complex than basic cash accounting. The best accounting software can help you record your transactions in accordance with the relevant accounting standards.
  • Invoice and bill pay integration capabilities: Cash flow and subscription management are critical for SaaS companies, so the ability to send and receive payments through your accounting software is highly beneficial. Not only does it streamline transactions, but it also increases the visibility of inflows and outflows.
  • Insight into financial metrics: Understanding key performance indicators (KPIs) like monthly recurring revenue and customer acquisition cost is essential for SaaS companies due to their subscription billing model. Accounting software can help you track and analyze key SaaS metrics.

In other words, cloud-based accounting software can help your SaaS company with compliance, recurring billing, and financial analysis, making it an invaluable tool for financial reporting, management, and planning.

Features to look for in SaaS accounting software

Here are some of the most important features to look for in SaaS accounting software to help maximize the benefits you see from the solution:

  • Automation of routine bookkeeping tasks to enhance timeliness and reduce costs
  • Support of GAAP revenue and expense recognition standards like ASC 606
  • Integrated payment processing features like in-platform invoicing, Bill Pay, or Accounts Receivable (AR) and Accounts Payable (AP) automation
  • Dashboards that can provide real-time insight into your financial performance, including key metrics and financial trends in your income statement

Of course, in addition to these features, it’s essential to consider fundamental factors like pricing, customer support options, and online reputation before committing to a solution.

It’s also often beneficial to speak with a company representative for a personalized discussion and to see the product in action.

Zeni is a SaaS accounting software solution that offers features like those above and more. To see how we can help enhance your financial management processes and accounting system, schedule a demo today.

When to get SaaS accounting software

Deciding when to get SaaS accounting software can be just as important as selecting the right solution. In most cases, the best time is sooner rather than later since manual data entry is so much less efficient.

That said, here are some more specific indications that it’s time for you to get SaaS accounting software:

  • Spreadsheets are negatively impacting the speed or accuracy of your financial reporting
  • You need to switch from cash basis accounting to accrued revenue and expense recognition, such as raising debt or private equity funding
  • You’re navigating increasingly complex business challenges and need greater financial insight to make better-informed strategic decisions

In practice, cloud accounting software is one of the most fundamental parts of your financial tech stack, and it’s hard to get it too soon.

It’s much more common for business owners to wait too long to make the investment and have to dig themselves out of an accounting and bookkeeping hole.

If advanced SaaS accounting software is too expensive in your early days, it’s still often wise to use less sophisticated but more affordable solutions until you have room in your SaaS budget for a more powerful tool.