SaaSOptics adds multi-currency management and reporting

Indian rupees
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India, on Sunday, Jan. 29, 2016. Reviving India's growth and boosting demand are essential as gross domestic product is likely to grow 7.1 percent in the year through March, the slowest pace in three years -- and this is before considering the impact of currency shortages in an economy where 98 percent of consumer payments are made in cash. Photographer: Dhiraj Singh/Bloomberg

SaaSOptics, a subscription management platform for growing B2B SaaS and subscription-based businesses, has added multi-currency management and reporting.

The new features are designed to provide growing SaaS businesses with operational insights using multi-currency analytics that capture trends and fluctuations in exchange rates, and other metrics. Starting Feb. 1, SaaSOptics will support 154 currencies.

“Managing SaaS financial operations while still keeping an eye on the overall health of the business is complex enough, but expanding to other markets with multiple currencies adds another layer of challenges,” said David Ryan, founder and chief operating officer of SaaSOptics, in a statement. Ryan added that the company plans to “alleviate that pain by automating many of the daily challenges associated with multi-currency,” while also providing additional analytics.

For reprint and licensing requests for this article, click here.