Saasu

Saasu
Private
Industry Software as a Service (Saas)
Founded Australia (2000)
Founder Marc Lehmann, Grant Young
Headquarters Sydney, Australia
Number of employees
20[1]
Website www.saasu.com

Saasu is an Australian owned company that develops online accounting software.[2] It is distributed using the software as a service model.[3] Saasu has offices in Sydney, Melbourne, Wellington and London.[4]

History

Saasu was founded in 2000 by Marc Lehmann and Grant Young,[5] maturing from a side project into a business in 2007. It was founded on the basis of driving automation in business.[6] Rather than take on early capital, Saasu is privately owned and funded and has expressed a focus on profitability over size.[7] Marc Lehmann seed funded Saasu with a $1 million credit line in 2000 with subsequent minor investments from Pan Global Nominees and Cooper Sydney.[8]

In 2014, Saasu signed partnerships with the Australian online foreign exchange platform OzForex[9] and PayPal.[10]

In 2015, Saasu announced an exclusive partnership with Westpac.[11]

Product

Saasu capabilities include sales, purchasing, inventory, payroll, CRM, point of sale, document and workflow management, global search and tagging.[12][13]

The PayPal feed is only partially implemented with foreign currency transactions, bank transfers and eCheques not supported.[14]

References

  1. Powell, Rose (5 August 2013). "Cloud accounting CEO tells start-ups: It’s time to get automated". Startup Smart.
  2. Macpherson, Sholto (25 August 2011). "Profile: The man behind Saasu". Digital First.
  3. Foo, Fran (26 November 2010). "Web conferencing tool helps Saasu save time". The Australian.
  4. Macpherson, Sholto (27 November 2012). "Profile: Saasu opens up UK front in global push". Digital First.
  5. Wilson, David (7 July 2011). "Giant-killers: the boy wonders edging out Amazon". The Age.
  6. Cribb, Stephen (21 January 2014). "A users guide to life in the cloud". The Australian.
  7. Macpherson, Sholto (8 August 2013). "Saasu Answers The Big Question: Will It Raise Capital?". Digital First.
  8. Milman, Oliver (28 June 2011). "Saasu’s slow but steady rise". Startup Smart.
  9. "OzForex signs agreement with Saasu". The Age. 6 August 2014.
  10. Foster, Thea (10 September 2014). "Saasu now certified by PayPal". ForAccountants..
  11. Baldassare, Gina (30 April 2015). "Cloud accounting software provider Saasu announces partnership with Westpac". Startup Daily.
  12. Courtenay, Adam (18 April 2013). "There's a storm front coming for the cloud". The Sydney Morning Herald.
  13. McLoughlin, Louise (28 July 2011). "Saasu, MYOB Essentials or Xero? Which One is Right for You?".
  14. "Paypal Feeds". Saasu.
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