The SaaS industry is booming. These days there are financial SaaS tools to support in every aspect of business and spend management from payments to expenses.
Whatever your business does, there's a good chance it's already using a number of SaaS tools in its tech stack to support the everyday business management and keep things running smoothly. And managing finance is no different. Whether taking payments or making payments, your business needs SaaS finance tools to support efficiencies and help you gain control of your cash flow.
In 2021, the SaaS market is worth $272.49 billion and is projected to hit $436.9 billion in 2025. Companies of every size are turning to SaaS for their daily operations to be more flexible, affordable and digital.
However, choosing the right combination of SaaS business management software is difficult. It could be one of the most critical business decisions you make, and it's crucial to understand which SaaS tool best fits your priorities, as outlined in the infographic below.
So, how can you be sure that you're choosing the right combination of finance tools for your business? The first step is to assess your company's current finance stack and find any gaps in efficiency and overall room for improvements.
From billing your customers to managing company payments, there are tools that can help you move quicker and act smarter. We've created a handy checklist that covers all of this and more. Download the checklist to see which SaaS tools your business needs and plan your next steps.
Trish Toovey works across the UK and US markets to craft content at Payhawk. Covering anything from ad copy to video scripting, Trish leans on a super varied background in copy and content creation for the finance, fashion, and travel industries.