Managing your team’s saas stack with Subtra

Build happier teams with Subtra

With enterprise SaaS usage continually rising, seamlessly purchasing and managing your subscriptions is no easy task for your teams. Every organization must strive to make SaaS management easy, because happier people lead to more productive teams.

Evaluate your SaaS stack

Are you evaluating a SaaS Product? Read this first.

Are you evaluating a SaaS Product? If you or someone who is looking to solve a problem by adopting a SaaS product you need to read this first!

Financial Services and Payment Processing

Financial Tech: Payments & Beyond

Most financial services add a lot of value for their customers; however, retention comes from their software’s differentiating factor and not the financial benefits.

While ‘Payments’ is the first area to be dominated by fintech technology, there are many other financial services, such as lending, virtual cards, etc. that provide many opportunities. Payment processing is the simplest option to add first, but companies can layer additional financial services and products based on the market’s requirements. For example, Shopify started offering lending products because they knew that many of their merchants could not secure a traditional bank loan.

Let’s look at the different models that have emerged and how they open up new fintech opportunities to explore.


Many vertical software companies have monetized payment processing – the best example is when Shopify leveraged Stripe’s API to simplify their merchants’ checkout flow and management. While white labeling payments from PSPs is a valid option, it is challenging to monetize via additional mark-up fees. Organizations that have made this work usually have high transaction volumes or provide tangible reasons to transact over their platform.

 There is quite a lot of opportunity in payments, and the next wave will feature new software providers with even more complex payout flows. For example, managing payments across multiple stakeholders and contractors.

Lending & Financing

Let’s talk about loans of various types for a SaaS company’s customers. This type of lending usually comes in the form of 6 to 36 months short term loans. The lending opportunity depends on the type of loan, but it is most effective for companies with uneven spending.

SaaS companies have rich transaction data and can understand the industry’s nuances better than traditional banks. Therefore, they can potentially offer loans to startups who could not access the required credit line from a bank. Historically, the primary process of providing loans was through referrals, but software players have started working directly with banks and lending partners to enable accessible lending programs with deep data integrations.

If current trends hold, we will witness a rise in software providers frequently accessing lending programs as lending-as-a-service continues to mature.

Bank Accounts

Software companies are also venturing into bank accounts where the end customers can create transactional virtual accounts to hold money and make payments from. A dedicated platform would benefit users with a secure place to easily maintain funds, rather than making constant bank transfers. We have seen this trend apply to e-commerce, hospitality and other service providers where these accounts help manage the inflow of payments. These bank accounts can be enabled with little effort with the help of strategic partnerships as more and more banking-as-a-service providers emerge.


Direct card issuance for employees or end customers to use has seen a rapid growth with companies offering both virtual and physical cards. In particular, spend management software providers like Brex, Divvy, Aspire and Spendesk are all competing for wallet share within the high-growth technology customer segments.

There are other vertical markets; however, that could greatly benefit from virtual or physical cards. This holds particularly true for companies with many contractors/vendors and employees who frequently adopt and use various tools and services.

Subscription Purchase & Management

At Subtra, we understand that it’s almost impossible to get bank-issued credit cards for startups. So most companies end up using their personal credit cards to pay for their company subscriptions. Moreover, a lot of these payments add unwanted costs as companies end up paying for unwanted, duplicate and even forgotten subscriptions with no control over what is being purchased.

To solve these issues, we have created an enterprise subscription management platform. We allow users to purchase, manage and automate their company subscriptions by issuing multi-currency wallets and prepaid cards. We combine deep technological analytics to automatically optimize your teams’ subscription stacks.

We are continually pushing the boundaries of financial technology to bring the best platform experience to our customers.

Top Accounting Software in 2020

The Top accounting software in 2020

Best Accounting Software for Small Businesses

It is of utmost importance for organizations and businesses to track their income and expenses efficiently. When done right, business accounting can help immensely in taxes and save a lot of time and hassle. Accurately tracking expenses comes with many benefits, but modern accounting software will run you for some money. Here are some of the most used accounting software options to choose from.

Intuit’s Quickbooks has gained huge popularity in the world of small business accounting. Quickbooks may not be perfect and it doesn’t come cheap, but it is one of the most featured accounting tools in existence. What started as a Windows focused software, is now a multi platform and multi device accounting software subscription. 

Due to it’s wide use, it is easy to find related content such as tutorials, guides and other information on how it works. While Intuit’s help forum could use a little more work, Quickbooks works extremely well across a wide range of business types and requirements. 

Xero has always been a cloud first platform and found intitial success among Mac users. They were one of the first to include 24/7 live chat support at no additional cost. Xero is also big on integrations, with more than 600 integrations to help companies easily manage their invoicing, inventory, payroll, etc. 

Xero’s standout feature is the ability to track the time and money spent on individual projects, thus taking care of any potential slip-ups or leakages.  

Small businesses with less employees and inventory don’t really have to deal with large complexities which are rampant in larger firms. This is where Zoho accounting comes in. Zoho is a no nonsense accounting tool that works best for small businesses. White Zoho is well known for it’s wide variety of applications, Books is it’s accounting software. 

Books includes easy to understand dashboards with straightforward usability. In other words, you don’t need an accounting tool or have to be tech savvy to understand and use Zoho. Book comes with useful features such as automated reminders when clients don’t pay on time. You can also make the most of its manual journal entries, statements, automated banking along and integrate with Zoho’s project management and collaboration tools. 

Freshbooks offers a quick, simple and secure accounting platform to manage complex as well as day to day business transactions. It features insightful and well organized reports, smart invoicing, multiple online payment options, and a lot more!

Freshbooks is revered as one of the best accounting software in Singapore that delivers precise information on your businesses profits and losses. You can also organize your projects, feedback and files, all in one place and even sort them by schedule. 

MYOB – now known as ABSS Singapore, is an accounting software designed specifically for SME’s. ABSS helps small businesses to manage their finances and operations with a simple and intuitive software. The aim is to leave users feeling confident the moment they use the platform, and save on time spent learning a new software.

ABSS offers a premier option which includes an inventory management system and automated accounting that integrates easily with local banks, IRAS GST portal and with the PEPPOL network. ABSS has complete mult-currency capabilities, department accounting and also supports multiple locations. It is a versatile and trusted option whether you are an SME, accountant, business owner, sales manager or freelancer.

NetSuite is widely adopted and has been the most deployed cloud ERP solution in the world. It’s financial management solution is used by thousands of organizations across various industries to manage their accounting needs. Netsuite ERP offers a modern and scalable solution to run all your financial business processes via cloud infrastructure. 

It includes comprehensive financial management features, including revenue management, billing solutions, inventory, supply chain and warehouse management solutions. Real-time reporting and intelligent suggestions are provided for a single and seamless version of truth when it comes to your company’s financials.