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.

Ranica Arrowsmith

Technology editor for Accounting Today.