Saasu is a cloud-based entry-level accounting application founded in 2000 by Mar Lehmann and Grant Young in Australia. The product was launched in 2007 and has grown steadily through the years to become a nice option for smaller businesses.
Saasu has a lot of functionality not available in many of the other cloud-based accounting applications – especially those in the lower-end of the market. For example, inventory features appear to be much stronger allowing the product to work well in a small distribution or more complex ecommerce environment. Still, there is minimal out-of-the-box manufacturing capabilities limiting the product in a pure manufacturing environment unless integrated to a third party application using their web APIs.
The product has a modern and clean design that is easy to navigate with a nice dashboard, invoicing, expense management bank feeds, cashflow forecasting, inventory, payroll, (Australia only), multi-currency, light CRM features, and built-in financial reporting and general business reporting.
They also have a growing third party application marketplace with more than 50 add-ons available to extend the software. Some of these include multiple payment gateways, ecommerce sites, more advanced CRM, quotes, point of sale, project management and time tracking, email marketing, EDI, shipping, warehouse management, payroll (for other global geographies), and more. Integration partners represent many major global vendors including Magento, Shopify, Salesforce.com, Paypal, Stripe, WooCommerce, Zoho CRM, Eventbrite, Shoeboxed, MailChimp, and more.
We are very impressed with what Saasu can do and even more impressed with the third party extensions making it perhaps the most functional option for distributors at the lower end of the market. Saasu pricing is based on the number of transactions expected within the accounting system in a given year. This can be extremely hard to estimate as transactions are considered to be customer invoices, expenses (payables), payments (customers or vendors), transfers, and journal entries. As such, businesses may need to consult with Saasu directly to understand which edition is right for them but pricing is very affordable starting out at just $9 per month (1,000 annual transactions), $20 per month (up to 20,000 annual transactions), or $40 per month (up to 40,000 annual transactions). Each edition has some additional features. Notable differences are the number of bank feeds provided and access to the inventory and multicurrency features which are only available in the two larger editions. Advanced features such as inventory attributes, serial numbers, inventory locations, batches, color, sizes, weights, and consolidated multi-file profit and loss (P&L) reporting are only available in the higher-end edition.
Saasu Pty Ltd
107-111 Elizabeth St
Sydney 2000 Australia
