In episode #354, Ben shares the results from his 7th Annual SaaS Tech Stack Survey and reveals the top accounting solutions used by software, SaaS, and AI companies today.

With participation across 22 software categories, this year’s survey highlights both the consistent market leaders and the rise of newer, AI-first ERP platforms. While legacy players continue to dominate, new entrants are gaining meaningful traction.

Ben breaks down the “Power Six” accounting platforms and what their market concentration tells us about the current state of financial systems in tech companies.

Resources Mentioned

7th Annual SaaS Tech Stack Survey: https://www.thesaascfo.com/surveys/finance-accounting-tech-stack-survey/
Light, sponsor of the core accounting category: https://light.inc/

What You’ll Learn

The top accounting and ERP systems used by SaaS and AI companies
How the “Power Six” now dominate the accounting stack landscape
Which newer AI-first ERP platforms are gaining traction
How concentrated is the accounting software market among SaaS companies
Why accounting system selection matters as companies scale ARR

Why It Matters

Your accounting system is the foundation of your financial reporting, SaaS metrics, and KPI tracking
Poor financial systems limit your ability to calculate ARR, revenue retention, and other recurring revenue metrics
As revenue grows, moving from SMB accounting tools to more robust ERP and financial systems becomes critical
Investors and auditors expect scalable accounting infrastructure as companies mature
Understanding market trends helps founders and CFOs evaluate whether their current financial systems can support growth

Top Accounting Solutions Used by Software Companies

SaaS Metrics School