The An online accounting system for business
Saasu.com is a comprehensive online accounting system for managing business financials. Saasu has capabilities in sales, purchasing, inventory, payroll, e-commerce, CRM, document and workflow management. Saasu’s strong API enables connection to hundreds of web applications, software products, payment services and banks. Saasu supports many countries and tax zones all from your web browser as either a free or paid subscription.
Proven experience
Saasu is trusted by thousands of businesses and individuals around the world with millions of transactions each year worth billions of dollars. SaaS is short for ‘Software-as-a-Service‘, we have been one of the leaders in SaaS finance since 1998. Saasu is the original SaaS utility company. We make sophisticated software ‘as easy as turning on a light’.
Mantra: Save businesses time
Saasu run all the technology so you can focus on productivity. No more installs, backups, upgrades, security stress, servers or upfront investment. We do it all. Saasu delivers complete financial management in a browser, for companies and individuals. Saasu helps simplify life, everyone that is involved with your finances can see, automate, connect, and more. Pay as you go, start now. Saasu is constantly improving, we add hundreds of new features each year and automatically provide them to all customers.
Saasu is pronounced sa-soo like the start of satisfied.
Saasu in the community
Committee Member of the Australian Web Industry Association
Slideshare Presentations: Saasu Preso’s | Marc Lehmann Preso’s
LinkedIn Groups: SaaS Ecosystem | Saasu
History
Many people have been involved in the building of Saasu. Early concepts were developed in 1998-99 for a ‘purely online accounting system’ and a company formally incorporated in 2000 as Macromanage PL by Marc Lehmann (Bankers Trust, Deutsche Bank) and Grant Young (Telstra, WWF, eMedia).
Mainstream SME and mid-tier accounting firm sales started in 2001-2002 and take-up was progressive until 2006 (trading as NetApplica PL at that stage) when market awareness of SaaS (Software-as-a-Service) utilities saw growth rates start to increase.
Jusa Chin joined Saasu in January 2003 and in 2004 became the CTO.
In early 2007 Peter J Cooper (Macquarie Bank, Standard Chartered Bank, Cameron Systems, Smarts Group, ASX) joined as an Angel Investor and was appointed CEO for 2008 financial year.
On 1 July 2008 Marc Lehmann resumed as CEO.
Chronology
2008 Saasu won the coveted Cebit.AU Business Advantage Award 2008. Global Tax Reports, Matrix Sales Reports and Global Beta releases were rolled out. Saasu Signed our 100th partner and supported our 20th bank.
2007 Saasu won the Cebit.AU Platinum Excellence in Innovation Award 2007. Initial Global features released in Beta. The Saasu Foundation commenced. Our first out-of-the-box Connector was delivered being for Salesforce.com the worlds leading SaaS application. Saasu signed up our 50th partner and supported ten banks. The application interface received a redesign. Group Payroll with Time-sheets were delivered as we took on our first 500+ employee customer. The Saasu.com brand launched for the holding company of the NETaccounts product. Previously Macromanage Pty Ltd trading as NETaccounts.
2006 Free version released along with Accounting and Bookkeeping Industry support via free access to independent professionals. Workchoice reforms payroll release. File attachments were enabled for transactions. Our first international clients joined us from New Zealand.
2005 A REST Application Programming Interface (API) was provided to allow 3rd party application to access the online accounting database.
2004 Inventory (including assembly) and payroll modules were released. The first bank data imports were supported.
2003 NETaccounts launched at the Investor Expo in Sydney.
2002 NETaccounts Commercial Release tested amongst early clients. We commenced porting the application from ASP classic porting to C#.NET.
2001 NETaccounts Beta launched as an initial cash book style product.
2000 The company was incorporated and Grant Young joined to help commence a three-year project for subscription based online accounting application.
1999 It was envisaged that the on-demand Application Service Provider (ASP) style applications like Internet banking and broking would quickly extend to other financial services. Business and investment management was the main area of interest so it was time to start the venture leveraging a more sophisticated approach employing shared server technology later to be called Software-as-a-Service (SaaS).
1998 The business concept of developing a subscription based online accounting application was formulated by Marc Lehmann a former Director of Global Markets Principal Finance at Deutsche Bank AG. This interest stemmed from two channels. Firstly, seeing the lack of an easy to use accounting software product in the Australian market for managing finances (i.e. you needed to be an accountant to understand them) and secondly seeing other web based applications that were very simple to use and provided the ultimate in user mobility (such as online banking).
