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Financial management for software companies

Smarter solutions need smarter finances

Financial management can make or break your growth in an industry where innovation is the currency. CoCountant helps tech companies navigate financial complexities by offering the best financial management for software companies.
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Technology & Software Development Firms
Rhino Web Group
Hollywood.com
Datum
Backpack Group
LaunchPath
Coast 2 Coast HR
Emkao Foods
Buoyant
ALP
Daystorm
IHG
Arda
Venduni
Flowship
Willport
Engineered Group
Roots and herbs

Simplify software capitalization and R&D tax credits

What we’ve observed

  • Understanding what software development costs to capitalize and what qualifies for R&D tax credits can be convoluted.

What we do

  • Demystify the financial aspects of software development. We help you understand how to capitalize on development costs and maximize R&D tax credits.
Simplify software capitalization and R&D tax credits. We clarify software development costs for capitalization and guide you in maximizing R&D tax credits.

Optimize billing and revenue recognition

What we’ve observed

  • Managing revenue from different sales channels can be overwhelming and prone to errors.
  • Seasonal revenue spikes require meticulous planning and accounting.

What we do

  • We automate the revenue recognition process aligned with GAAP or IFRS standards, ensuring financial statements accurately reflect your performance.
Automate billing, align with standards for accurate financials amid diverse sales channels and seasonal spikes.

Client and project billing

What we’ve observed

  • Complex projects can have varied billing structures, including recurring, milestone-based, or even consumption-based billing.

What we do

  • We recommend and integrate cutting-edge software solutions to automate repetitive tasks and improve efficiency across your operations. With real-time tracking you make informed purchasing decisions.
Automate billing, align with GAAP/IFRS for accurate financials, and navigate seasonal spikes seamlessly.

Maximize profitability and cash flow

What we’ve observed

  • Rapid scaling often leads to cash flow issues and operational inefficiencies.

What we do

  • Implement proactive cash management strategies and performance metrics to ensure you’re maximizing profitability.
Maximize cash flow. Proactively manage cash and metrics for optimal profitability amid rapid scaling challenges.

How CoCountant helps your business

We offer a range of specialized services that complement our financial management services for technology and software companies.
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Bookkeeping

We manage your books meticulously, ensuring financial accuracy with zero effort from you.

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Payroll

We handle payroll seamlessly, ensuring timely and accurate payments to your team.

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Expense Reporting

We simplify the process of reporting expenses and efficiently manage employee and business spending.

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Invoicing

We facilitate swift invoicing, helping you get paid faster and improving cash flow.

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Collections

We streamline collections, improving cash inflow and reducing recovery efforts.

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Bill Pay

We manage bill payments precisely and consistently, ensuring on-time payments and good vendor relations.

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CoCountant uses the best financial systems

StripeGustoAmazonFresh BooksQuickbooksExpensifyBillShopifya2xBrexSquareRamp

Why our clients count on us

Close time cut from 20 days to 10
Entertainment media company, 50–200 person team

Their controller is consistently and readily available for chats and meetings whenever we need their help. We definitely want to continue using them because of their availability and expertise.

Recovered $200K in overdue AR
PropTech SaaS company, 11–50 person team

Their controller took it upon himself to work on our outdated AR and brought in a couple hundred thousand AR dollars for us that seemed unrecoverable. Our reporting to board members and shareholders has also improved significantly.

12 hrs exec time saved / month
Fractional HR consultancy, founder-led

Extremely friendly to tight budgets. Their monthly calls to go over the books help immensely and save me money. With reconciled accounts and their timely updates, I have a clear picture of my revenue, expenses, and cash flow.

Custom chart of accounts built
Botanical gift box e-commerce brand, solo founder

They came in and helped me with exactly what I needed: setting up QuickBooks, detailed bookkeeping, building custom categories specific to my business so I know where I’m spending to improve cash flow, and monthly calls to review transactions.

Audit-ready & tax-smart
Specialty music instrument retailer, founder-led

They helped us with compliance and tax planning, streamlining our financial management system and accounting processes. They’re dedicated to our success and really understand our needs.

14 months cleaned & reconciled
Digital marketing and web agency, founder-led

Hiring CoCountant in 2024 was the best decision I’ve made in a long time. Each month they do a great job of managing our books and reporting.

Strong ROI, more strategic intel
Business consulting and innovation firm

The value-to-cost ratio is amazing. I save so much time using CoCountant’s bookkeeping services, and I get more strategic intelligence on our financial situation than I could create on my own. Wonderful service for busy entrepreneurs.

Systems streamlined, ops simplified
Health-tech startup, precision medicine platform

CoCountant team is very thorough with their review of my transactions, and their bookkeeping service helps keep my books updated to provide a clear financial picture.