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]

History

Saasu was founded in 2000 by Marc Lehmann and Grant Young,[4] maturing from a side project into a business in 2007. It was founded on the basis of driving automation in business.[5] Rather than take on early capital, Saasu is privately owned and funded and has expressed a focus on profitability over size.[6] Marc Lehmann seed funded Saasu with a $1 million credit line in 2000 with subsequent minor investments from Pan Global Nominees and Cooper Sydney.[7]

In 2014, Saasu signed partnerships with the Australian online foreign exchange platform OzForex[8] and PayPal.[9]

In 2015, Saasu announced an exclusive partnership with Westpac.[10]

Product

Saasu capabilities include sales, purchasing, inventory, payroll, CRM, point of sale, document and workflow management, global search and tagging.[11][12]

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. ↑ Wilson, David (7 July 2011). "Giant-killers: the boy wonders edging out Amazon". The Age.
  5. ↑ Cribb, Stephen (21 January 2014). "A users guide to life in the cloud". The Australian.
  6. ↑ Macpherson, Sholto (8 August 2013). "Saasu Answers The Big Question: Will It Raise Capital?". Digital First.
  7. ↑ Milman, Oliver (28 June 2011). "Saasu's slow but steady rise". Startup Smart.
  8. ↑ "OzForex signs agreement with Saasu". The Age. 6 August 2014.
  9. ↑ Foster, Thea (10 September 2014). "Saasu now certified by PayPal". ForAccountants..
  10. ↑ Baldassare, Gina (30 April 2015). "Cloud accounting software provider Saasu announces partnership with Westpac". Startup Daily.
  11. ↑ Courtenay, Adam (18 April 2013). "There's a storm front coming for the cloud". The Sydney Morning Herald.
  12. ↑ McLoughlin, Louise (28 July 2011). "Saasu, MYOB Essentials or Xero? Which One is Right for You?".
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