Case study

Maxio’s Finance Team Went Live on NetSuite in Just Four Weeks

Abstract digital art of a flower in blue and white colors. Business professionals discussing financial data at a meeting.
Summary The challenge The result
Streamline SaaS reporting, renewals, and collections
Get a demo
Revenue recognition health chart showing contracts, customers, and transactions out-of-balance.
Summary

Maxio runs its own financial operations on the Maxio platform, using the same integrations its customers use. When the finance team upgraded its general ledger from QuickBooks to NetSuite they:

  • Went live on NetSuite in four weeks and fully migrated in eight

  • Kept billing, revenue recognition, and reporting in Maxio throughout

  • Gained multi-entity consolidation and general ledger drill-down from NetSuite

Maxio finance team members smiling in office after NetSuite go-live.
Maxio platform interface showing revenue growth metrics and analytics.

We used to spend hours and hours taking data out of QuickBooks.

The challenge

Maxio is a billing and financial operations platform built for B2B SaaS companies, automating billing, subscription management, collections, and reporting.

Maxio’s own finance team had outgrown QuickBooks as a general ledger. The business needed multi-entity reporting and deeper general ledger drill-down, and analysis meant pulling data out of QuickBooks into Excel models before anyone could get insight into results. Like many of its customers, the team faced a GL upgrade while needing billing and revenue recognition to stay stable through it.

The result

The finance team went live on NetSuite in four weeks and was fully migrated in eight, keeping billing, revenue recognition, and reporting in Maxio and using NetSuite as a general ledger only. NetSuite handles consolidation and transaction detail while Maxio supplies ARR, expansion, contraction, and churn, together supporting 12- and 24-month forecasts and a 13-week cash flow model.

So that really helps us manage cash properly and make sure we have insight into what’s gonna happen in the next three months along with what’s gonna happen over the next year with the ARR reporting.

headshot of Tina Christofferson

Tina Christofferson

VP of FP&A

Streamline every step of SaaS financial ops

Learn how to automate reporting, invoicing, collections, expense management, and more. Track complex revenue streams.
Stay GAAP and IFRS compliant.

Meet other SaaS companies who love Maxio

  • Blue Ridge logo on a digital green matrix background.
    Blue Ridge Solutions Achieved a Four-Day Close and Eliminated Burnout with Maxio & NetSuite
    Read more
  • Enmark Systems logo on a digital green background for Maxio integration.
    Enmark Systems well positioned to scale into the future with Maxio
    Read more
  • Limbie logo on a digital green matrix background.
    Limble Solutions uses Maxio to Improve Efficiency and Accuracy in Financial Reporting
    Read more
  • Maxio logo displayed on a digital green matrix background.
    Maxio’s Finance Team Went Live on NetSuite in Just Four Weeks
    Read more
  • Palusa logo on a green digital matrix background.
    Pal USA gets FinOps Right with Maxio
    Read more
  • ParcelLab logo on a green digital background with code elements.
    parcelLab Simplifies their Financial Operations with Maxio
    Read more
  • Rockerbox logo on a digital green background with code.
    Rockerbox streamlines the decision making process through high-level reports
    Read more
  • SendSpark logo on a green digital background with code-like patterns.
    Sendspark’s 180° flip from “not being able to charge customers” to immediate revenue
    Read more
  • SolarWinds cybersecurity software logo on a green digital background.
    SolarWinds Optimizes Business Operations with Maxio
    Read more
  • WorkBuzz logo on a digital green background with binary code.
    How Workbuzz uses Maxio and Mosaic to respond to CEO’s questions in seconds
    Read more
  • Ninjacat logo on green digital background with code pattern.
    NinjaCat saves time and money with Maxio
    Read more
  • Boomi logo on a digital background representing integration solutions.
    Boomi revamps its metrics and analytics with Maxio Metrics
    Read more
  • Curve Dental logo on a digital green matrix background.
    Curve Dental Drives Efficient Growth with a Fully-Integrated Maxio Suite of Products
    Read more
  • Extensiv logo with Maxio branding for supply chain and revenue growth.
    Extensiv grows ARR by 250% with Maxio
    Read more
  • Gravity logo on a digital green matrix background.
    Gravity Forms Simplified their Customer Sign Up with Maxio’s PLG Offering
    Read more
  • Kahua logo on a green digital matrix background.
    How Kahua Streamlined Audit Processes with Maxio
    Read more
  • Digital data visualization with green background and white text.
    How Stackline Reduced Its Revenue Close from Two Weeks to Two Days with Maxio & NetSuite
    Read more
  • Retol logo on a digital green background with code pattern.
    Retool reduced contract errors by 99%
    Read more
  • Vero logo displayed on a digital green background with code.
    VERO Implements Maxio in Two Weeks with Maxio’s “Rapid Start Implementation” Program
    Read more