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The Top 10 Important Finance Mistakes First Time Founders Make

SaaStr

Was it misunderstanding bookings vs. ARR vs. GAAP revenue, was that the issue? Mistake #1: Bookings are not revenue. More often than not, the response is, “Well, our bookings are __”. My next question is then, “What do you define as booking?” And then — he sent me his financials. But don’t.

Finance 334
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Penetration Testing vs. Compliance Audits: What’s the Difference?

Scytale

When it comes to keeping your business secure and meeting regulatory requirements, two big concepts often pop up: penetration testing and compliance audits. Beyond compliance, it simply makes good business sense. What are Compliance Audits? They do, however, complement each other which is why both are valuable in our books.

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Embedded Payments in 2024: A year in review for platforms | Episode 44

Payrix

Takeaway #2: Inflation and surcharging compliance Ella highlighted the rising importance of surcharging as a response to inflation and escalating operational costs. Ensuring compliance in surcharging practices is critical, as violations can lead to substantial fines. How do you really look at minimizing impact with change?

Payments 130
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Thanks to Hiver, Jirav, Orum, Rocketlane, and Schellman for Sponsoring SaaStr Annual 2022!

SaaStr

The system connects financial and operational data to easily explore historicals, and accurately forecast bookings, revenues, workforce, expenses, and cash flows. Schellman is a leading provider of attestation and compliance services. Empower your inside sales team by automating the hardest parts of outbound calling.

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Achieving SOC 2 Type 2 Compliance: Pro Tips Inside

Scytale

When you first hear the term “SOC 2 Type 2 compliance,” it might sound like you’re entering some kind of information security maze. Whether you’re just starting out or are somewhere in the middle of the journey, SOC 2 Type 2 compliance is designed to help your business strengthen customer trust. But guess what? It doesn’t have to be.

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Thanks to BambooHR, Drata, GuideCX, Mailchimp, and Ramp for Sponsoring SaaStr Annual 2022!

SaaStr

Drata is the world’s most advanced security and compliance automation platform with the mission to help companies earn and keep the trust of their users, customers, partners, and prospects. less and closing their books 86% faster by switching to Ramp’s finance automation platform. appeared first on SaaStr.

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Thanks to Skyflow, Expensify, Avoma, and Snyk for Sponsoring SaaStr Annual 2022!

SaaStr

Skyflow ’s data privacy vaults deliver security, compliance, and governance via a simple API. More than 10 million people use Expensify’s free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, and travel booking in one app.

Payments 278