Stack
ASC 606 revenue recognition, deferred revenue waterfalls, ARR/MRR reporting, burn and runway modeling, investor-ready financials. Built for startups between seed and Series C that need real finance discipline without the US controller cost.
SaaS scope
Not just bookkeeping. The full finance stack that an investor expects to see running monthly.
Stack
Most venture-backed companies hit the same wall around $1.5M–$3M ARR: the books need to be investor-grade monthly, the founder can no longer be the finance function, and the CFO-as-a-service options (Pilot, Kruze, Burkland, Graphite) cost $2,500–$8,000/month for what's mostly production bookkeeping wrapped in advisory language. Offshore finance sits between DIY and those managed-service options, and the economics are meaningfully different.
A well-structured startup finance function at $2M–$10M ARR usually looks like: a US-based fractional CFO (5–10 hours per month, strategic) + a dedicated offshore senior accountant (40 hrs/week handling production: AP, AR, close, revenue recognition, reporting). Total monthly cost: $4,500–$6,500 all-in. This replaces both the $3,500/month Pilot-style service and a $150k+ in-house hire, while giving you a dedicated person who actually knows your business instead of a rotating account manager.
Most pre-Series-A SaaS companies haven't implemented ASC 606 properly because their bookkeeper books revenue when cash hits the bank. That's cash-basis accounting. ASC 606 requires revenue to be recognized when the performance obligation is satisfied – which for SaaS typically means ratably over the subscription term. The mismatch becomes painfully obvious at Series A due diligence when investors ask for ARR, deferred revenue, and contract asset schedules, and the books show a single "subscription revenue" line that doesn't tie to anything. Offshore accountants with SaaS training rebuild the revenue waterfall at onboarding so every contract has a schedule, deferred revenue ties to the contract portfolio, and ARR is defensible.
We don't try to be your CFO. The best model we see is a US-based fractional CFO (typically 5–15 hours/month, paid $250–$450/hour) handling board relationships, fundraising strategy, and investor communication – paired with a dedicated offshore senior accountant doing the monthly close, revenue recognition, and reporting. The fractional CFO reviews the offshore work monthly, signs off on the board pack, and owns the investor relationship. The offshore accountant does the production. This splits the $300k+ of work a Series A-stage controller would do into the two price tiers that actually match the work.
SaaS clients typically start with offshore bookkeeping and layer in offshore financial reporting for investor-grade monthlies. Some add offshore controller roles as they scale past $15M ARR. For a bigger-picture view of offshore accounting, see our homepage.
FAQ
For the production work (bookkeeping, close, revenue recognition, reporting): yes, at meaningfully lower cost. For the advisory/CFO layer those firms include: we pair with a US-based fractional CFO (yours or one we refer). Most startups end up with better-served finance at 40–60% lower monthly cost.
Yes. Contract review, performance obligation identification, transaction price allocation, monthly recognition schedules, deferred revenue waterfalls. Multi-year contracts, consumption-based pricing, usage tiers, and hybrid models are all standard.
Yes. Most venture investors are already used to the model – Pilot, Kruze, and similar services outsource significant production work offshore. Your investor expectation is cleanly closed monthly books on the 10th, accurate ARR, and responsive financial reporting. Those are all independent of geography.
Yes. We provide PBC responses, workpaper documentation, and auditor Q&A support. Our offshore accountants often handle the bulk of audit support work under your fractional CFO's oversight.
Yes. Revenue recognition straight from Chargebee or Maxio, Stripe transaction fees netted into revenue, chargebacks tracked. Integration is typically built in week 1.
We work with your 409A provider (Pulley, Carta, Hiive) and keep cap table in sync with books. ASC 718 stock compensation expense, vested vs unvested tracking, and equity issuance entries are standard.
Yes for Canada, UK, Ireland, and most EU countries. Multi-currency consolidation, local statutory bookkeeping, transfer pricing agreements, and intercompany eliminations.