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Perspectives
Insights and resources for finance transformation.
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Why Best-of-Breed vs. Best-of-Suite Can be a False Choice?
Having spent most of my career in business software, I’ve found the discussion between Best-of-Breed vs. Best-of-Suite to be lacking some nuance - is it always one way or the other? The reality is companies are always selecting shades of both, depending on the phase of the company, the specific business processes they’re addressing, and the breadth and depth of solutions in the market.
Why Subscription Businesses Face a New Technical and Economic Reality
The technology and economy today looks nothing like it did 20 years ago especially for subscription-based businesses. The evolution of software delivery and monetization models has brought new levels of complexity, demanding a fundamentally different operational and financial approach.
Why subscription businesses have to rethink ERP
Something big is happening at Everest. We’ve released new products, onboarded more customers than ever, and enabled them to run faster and leaner. The most common thing we hear from new prospects? “Why haven’t we heard of you before?” and “Why is my current application so expensive?” and “they seem to be increasing prices but giving me fewer capabilities at renewal?”
Embedded SaaS Metrics Dashboards: A New Standard in ERP for Subscription-Based Businesses
In the SaaS industry, data isn’t just valuable; it’s essential. Metrics like Monthly Recurring Revenue (MRR), Customer Acquisition Cost (CAC), Customer Lifetime Value (CLTV), churn rates, and other key performance indicators drive critical decision-making and reflect the overall health of the business.
Evolving Roles: Why Accountants Are Shifting Away from Tradition
Accounting has long been considered a stable, well-respected profession that offers job security and financial rewards, which is one of the reasons why I chose accounting. Yet, a surprising trend is emerging: many accountants are leaving traditional accounting roles, seeking new career paths and alternative ways to use their skills.
Sales and Finance: From Friction to Fusion with Everest
The relationship between sales and finance has often been a balancing act, with both sides navigating different priorities to achieve shared goals. Sales teams drive to close deals quickly, introducing complex terms that require manual processes, while accountants work to ensure compliance, profitability, and accurate forecasts.
Everest ERP: Versioning at Its Core
Today, I want to highlight another foundational aspect of our platform: versioning. This feature is not just an add-on; it’s embedded deeply into every layer of Everest ERP, ensuring that every modification, from the simplest table entry to the most complex business process, is tracked and managed with precision.
The Right Balance: How Much Business Intelligence Should an ERP System Include?
The debate over how much Business Intelligence (BI) functionality should be embedded within an ERP system is far from new, yet it remains as relevant as ever. ERP systems serve as the central engine of business operations, generating a wide variety of data: financials, HR, logistics, and more.
Taming the SaaS Chaos: Why You Need a Sales Arrangement
Ever feel like you're drowning in a sea of spreadsheets? Are you desperately trying to make sense of your customer contracts? You're not alone! Many accounting teams struggle to get a clear picture of Total Contract Value (TCV), especially with complex SaaS contracts.
Accelerate ERP Innovation: The Advantages of Live Sandboxing
Continuing from our exploration of in-system development and branching in Everest SaaS ERP, we now delve into one of the most innovative aspects of our platform: the concept of "Live Sandboxing."
Ensuring High-Quality Growth in SaaS - Part II
Synchronizing Sales and Finance for Sustainable Growth This is a continuation of Part I , where I elaborated on the ever increasing importance of Cloud and AI costs in modern businesses and the four pillars of high-quality SaaS revenue:
Ensuring High-Quality Growth in SaaS - Part I
Synchronizing Sales and Finance for Sustainable Growth In the highly competitive SaaS landscape, growth remains the dominant objective—by far. However, it may not be as all-encompassing as it was five years ago due to rising interest rates—certainly true for more mature "scale-up" companies.
SaaS ERP Simplified: Everest’s In-System Development and Git-Like Branching
In the previous post, we explored the differences between inside-out development and Git-like version control in ERP systems, emphasizing the importance of choosing the right approach. Today, we dive deeper into Everest ERP’s unique methodology for developing business applications—a system designed to offer the best of both worlds.
Why SaaS Companies Struggle with Traditional Business Systems
Unveiling the Pain Points in Subscription Business Management In the dynamic world of SaaS, effective ERP systems are the backbone for scaling, managing finances, and navigating complex revenue structures. However, traditional ERP systems often become bottlenecks for subscription-based SaaS businesses.
Inside-Out Development vs. Git-Like Version Control: Choosing the Right Approach for ERP Systems
n this post, we’ll explore the two dominant approaches to ERP system development—direct in-system coding and Git-like version control—and explain why the choice of development strategy is crucial for the future of business system innovation.
