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Navigating the SaaS Landscape: Accounting Approaches for Subscription-Based Success
May 9 @ 1:00 pm – 2:00 pm EDT
Free
1 CPE credit
Course Description
Join FinQuery Solutions Engineer Jason Parker as he walks through how to account for costs associated with a SaaS subscription arrangement, including direct one-off, indirect, and recurring costs. Then, Jason will cover why the increased prevalence of SaaS should prompt accounting and finance professionals to partner with their IT team to maintain appropriate oversight over these complicated, and often costly, arrangements.
Learning Objectives
- Obtain an understanding of SaaS and why overall SaaS spend continues to substantially increase, both as a percentage of software spend, as well as total gross spend
- Learn how to appropriately account for all costs pertaining to evaluating, implementing, and subscribing to a SaaS technology
- Review a real-life example of how a company should evaluate and account for costs associated with a SaaS subscription arrangement
- Identify ways businesses can improve the management and organization of their SaaS portfolio
