Paymode-X
Back to products
Fieldpoint Service Applications

Maxio

Status: Unverified

Maxio is a financial operations platform that provides subscription billing, revenue recognition, and robust subscription analytics and metrics. Integrating Maxio with NetSuite gives your business the best of both worlds – advanced accounting and controls with purpose-built SaaS Subscription Management capabilities and SaaS metrics.

View on Suiteapp.com

Categories: , ,
Description

Financial Operations for B2B SaaS

Maxio offers billing & subscription management, revenue & expense recognition, and SaaS metrics & analytics capabilities, purpose-built for the B2B SaaS workflow.  With over 2,400 customers and $13B in revenue managed, Maxio is helping B2B SaaS companies unlock their next stage of growth by bringing order to financial chaos.

Key Benefits

  • Easy to set up and configure
  • GAAP/IFRS compliant revenue and expense recognition
  • Supports complex billing and pricing scenarios (fixed fee, recurring, usage-based, events-based, volume, tiered, stair-step, and more)
  • Bi-directional Salesforce integration allows you to automate your entire to order-to-cash process
  • Bi-directional sync between Maxio and NetSuite allows you to access information wherever you are
  • Understand business performance with real-time, drillable SaaS metrics (ARR/MRR, Churn, CAC, CLV, Cohort reporting, etc.)
  • Automatic payment deposit sync to NetSuite
  • Multi-entity reporting capabilities

Accuracy and Completeness

Analytics reports are built from your NetSuite financial records, which ensures accuracy and completeness.

FEATURES

Billing & Subscription Management

  • We support both Product-led (self-service) Growth and Sales-led (contracts) Growth GTM motions
  • CRM integrations

Collections & Payments

  • Understand AR health
  • Reduce DSO
  • Collections cadences/templates
  • CC payments - consolidate vendors, chargeback management, automatic CC retries, automatic bank

Revenue Recognition

  • GAAP/IFRS compliant
  • Dozens of out-of-the-box rev rec methods supported
  • Generates consolidated journal entry for you to record in CoA in Netsuite
  • View rev rec / invoicing schedules at the customer and contract levels
  • Supports advanced rev rec scenarios (re-allocations, carveouts, SSP, milestone-based rev rec)

Expense Amortization

  • Automatically account for certain types of expenses (prepaid, fixed asset, sales commissions)
  • Quotapath integration - calculate plus account for sales commissions
  • Understand cash position by comparing Revenue to Expenses

Reporting & Analytics

  • Robust financial and SaaS metric reports
  • Hundreds of out of the box SaaS metrics (ARR/MRR, churn, CLV, CAC, NRR)
  • Configurable dashboard views
  • View only access for investors
  • Understand what’s driving growth (see ARR/MRR broken out by customer, contract, contract line item, product)