SaaS businesses face unique challenges around recurring revenue models, churn, and evolving investor expectations. Without strong financial leadership in place, these companies can lose momentum and struggle to grow.
That’s why many partner with fractional controller services. These provide flexible, high-level accounting support wherever your business needs it, with a cost structure that can adapt to your budget and cash flow needs. Read on to learn how these services could help your SaaS startup thrive.
The Role of a Controller in a SaaS Business
The controller plays a central role in turning operational performance into financial clarity. They oversee day-to-day accounting, manage subscription revenue recognition, monitor key SaaS metrics, and support financial planning with clean, timely data.
When these controlled processes are absent or weak, leadership is forced to make decisions with incomplete information. That means a strong controller can be the difference between your SaaS company’s next pivot failing or succeeding. Without the real-time financial information they provide, critical strategic decisions become less reliable.
How SaaS Companies Are Using Fractional Controller Services
Fractional controller services provide access to high-level, experienced controllers on an on-demand basis. SaaS firms increasingly rely on these services to bridge the gap between needing senior financial leadership and not yet being able to hire for the role on a full-time basis.
Building Scalable Accounting Systems
Fractional controllers help to set up or optimize accounting systems to match your SaaS company’s growth ambitions. They can help with:
- Chart of accounts
- Subscription platform integrations
- Deferred revenue tracking
- Contract modifications
- Aligning internal language cross product, sales, and finance teams
Improving Month-End Close and Reporting
Companies also use fractional controllers to speed up month-end close and reporting. Instead of waiting weeks for finance to deliver the results leaders need to make decisions, you can get answers in days. Fractional controllers streamline month-end close processes and provide real-time dashboards to help you track key SaaS metrics more efficiently. This helps leaders make faster, more informed decisions.
Supporting Fundraising and Investor Communication
Raising capital is another critical step for most SaaS firms seeking growth. That process becomes easier when you have ready access to crisp financial records and credible reporting to share with stakeholders. Fractional controllers can help optimize your financial statements, model future growth, and align your financial story with a narrative that captures the attention of investors.
Managing Cash Flow and Forecasting
Fractional controllers can also help you manage cash more efficiently. They can run various forecasting models and scenario plans to align growth goals with your financial reality. This makes it easier to manage burn rate and allocate your budget optimally based on your unique business goals.
How Fractional CFOs Support Saas Companies
Your SaaS company could also benefit from working with a fractional CFO. These bring an on-demand, senior-level strategic perspective to your team. You can get help with connecting accounting to growth, leveraging data to inform strategy, and aligning your financial arm around key goals, such as securing investments.
For SaaS companies, combining a fractional controller with a fractional CFO is often the most affordable, flexible path to optimizing finance for the next phase of growth. Contact CFO Hub when you’re ready to get started.
Jack Perkins, CPA founded CFO Hub to provide strategic finance and accounting services to enterprises of all sizes. Prior to founding CFO Hub, Jack served as the CFO and Controller of rapidly growing enterprises in California. Jack's written content has been featured in Forbes, Entrepreneur, and several other notable publications.
Visit Jack's Expert Hub to learn more about his experience and read more of his editorial content
