Maxio, a provider of billing automation and revenue management solutions, has announced a strategic integration with Sage Intacct. This collaboration aims to streamline quote-to-cash processes for B2B subscription businesses.
The partnership seeks to enable finance leaders to replace manual processes, eliminate data silos, and accelerate scaling by combining Sage’s ERP foundation with Maxio’s advanced billing engine and SaaS metrics. As SaaS companies face increasing pressure to scale revenue while managing financial complexity, this integration offers an automated approach to billing, revenue recognition, and metrics within the Sage Intacct ecosystem.
According to Jon Cochrane, GM Partnerships at Maxio, Sage Intacct provides the financial foundation for growing companies, which Maxio enhances with subscription-specific capabilities such as billing designed for software companies, ARR analytics, and automated quote-to-cash. Cochrane stated that together, they aim to solve the complete financial puzzle for these businesses.
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, provides access to over 150 metrics like ARR, retention cohorts, and net dollar retention (NDR), and aims to reduce time-to-close by up to 75%, allowing finance teams to focus on strategic initiatives. Additionally, the integration is designed to ensure audit readiness with real-time, GAAP-compliant revenue recognition.
Maxio integrates with key Intacct objects, including customers, sales orders, invoices, payments, and credit memos, facilitating a two-way flow of data across finance, sales, and operations.
Maxio is a billing and financial reporting platform used by over 2,000 SaaS and subscription businesses globally, managing over $17 billion in billings. Sage, through its cloud financial management platform Sage Intacct, supports small and mid-sized businesses by automating core financials and enabling data-driven decisions. Sage serves finance professionals in over 100 countries.
