Maxio, a provider of billing automation and revenue management solutions, has announced a strategic integration with Sage Intacct, a cloud financial management platform from Sage. This collaboration aims to simplify the quote-to-cash process for B2B subscription businesses.
The partnership addresses the increasing pressure on SaaS companies to scale revenue while navigating financial complexities. By combining Sage Intacct’s ERP foundation with Maxio’s advanced billing engine and investor-grade SaaS metrics, the companies aim to help finance leaders replace manual processes, eliminate data silos, and accelerate their path to scale.
Jon Cochrane, GM Partnerships at Maxio, stated, “Sage Intacct provides the financial foundation every growing company needs. We enhance that foundation with the subscription-specific capabilities that software companies can’t live without: billing built for software companies, ARR analytics, and automated quote-to-cash. Together, we’re solving the whole puzzle, not just pieces of it.”
Through this integration, Sage Intacct customers can now automate various billing models, including hybrid, usage-based, or milestone billing. The solution also streamlines accounts receivable (AR) and collections with SaaS-specific workflows. Finance teams can unlock over 150 metrics such as Annual Recurring Revenue (ARR), retention cohorts, and Net Dollar Retention (NDR), and are expected to reduce time-to-close by 75%, allowing finance personnel to focus on strategic initiatives. Additionally, the integration ensures audit readiness with real-time, Generally Accepted Accounting Principles (GAAP)-compliant revenue recognition.
Maxio seamlessly synchronizes with key Sage Intacct objects, including customers, sales orders, invoices, payments, and credit memos. This enables a two-way flow of data across finance, sales, and operations.
Maxio is a billing and financial reporting platform utilized by over 2,000 SaaS and subscription businesses globally, managing over $17 billion in billings. Sage, a company with decades of experience and a global network, supports millions of small and mid-sized businesses, providing cloud financial management solutions like Sage Intacct to automate core financials and facilitate data-driven decisions.
