Sage Intacct shines in The SaaS CFO's latest Tech Stack Report

The SaaS CFO has officially launched the results of their sixth annual Finance and Operations Tech Stack Survey report, and the findings are compelling. Sage Intacct has emerged as the number one application with a growing market share in five key categories including:

• SaaS accounting
• Revenue recognition
• Recurring billing and invoicing
• SaaS metrics reporting
• Close management software

These results highlight that more and more SaaS companies are entrusting their business with Sage Intacct over other leading software solutions. Read on to discover why Sage Intacct is preferred.

What is the Tech Stack Survey report?

The Tech Stack Survey report is an annual survey conducted by The SaaS CFO. This year, it included 637 respondents from companies of various sizes, ranging from one to 100+ employees and ARR sizes from less than $1 million to over $50 million. The survey covered 22 software categories, including core accounting software, revenue recognition, CRM software, payroll and a whole host of others. The goal was to uncover trends shaping SaaS finance and understand which finance and operational products SaaS companies are choosing and at what levels of growth.

Why does it matter?

The Tech Stack Survey report is beneficial for any SaaS finance leader looking to assess the top technologies selected by similar companies in the industry. The information can help SaaS finance leaders gauge which technologies are currently shaping the future of finance and evaluate what may be a good fit for their business if they are considering adopting new technologies or making a switch.

Sage Intacct's market edge: where it leads the pack

1. Core accounting software

According to The SaaS CFO's Tech Stack Report, QuickBooks continues to dominate the respondent's market share for SaaS companies, though its 29% market share is down two points from last year [1]. Meanwhile, even with a much larger sample size of respondents, Sage Intacct gained an additional point while NetSuite lost one point of market share, ranking 2nd and 3rd.