How Sourcegraph Drove 10X Faster Cash Flow and Expense Analysis
公司规模
200-1,000
地区
- America
国家
- United States
产品
- Mosaic
- Xero
- Salesforce
技术栈
- ERP
- CRM
- Strategic Finance Platform
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Digital Expertise
- Productivity Improvements
技术
- 分析与建模 - 预测分析
- 功能应用 - 企业资源规划系统 (ERP)
- 平台即服务 (PaaS) - 数据管理平台
适用行业
- Professional Service
- Software
适用功能
- 商业运营
服务
- 软件设计与工程服务
- 系统集成
关于客户
San Francisco-based startup Sourcegraph builds universal code search for every developer and company so they can innovate faster. They help developers and companies with billions of lines of code create the software you use every day. Their mission is to democratize code. Sourcegraph’s customers include many of the world’s leading companies, such as Amazon, PayPal, Uber, Lyft, Yelp, Atlassian, and Indeed. Much like their long-term company goals, the team at Sourcegraph aimed to democratize financial information to help guide future growth.
挑战
After raising $50M at their Series C, Sourcegraph was looking for a faster way to analyze cash flow and expenses to strategically manage investments aligned to the company's long-term growth goals. As the company was growing quickly, the finance team needed visibility into spend by department and category as well as an understanding of the inflows and outflows of cash that impacted their burn. The company typically only looked at those metrics on a quarterly basis. But after completing their Series B and Series C, they had multiple new investors and stakeholders on board and needed the information to be visible in real-time. Sourcegraph is a fully remote company, and their accounting function is outsourced—both of which made it difficult to get real-time data in a meaningful format within stakeholder deadlines. With revenue, expense, and headcount data all in different systems, the finance team struggled to get accurate, consolidated, real-time insight into the financial indicators that mattered most. Tasked with creating a long-term growth plan while maintaining a firm grasp on current performance, Sourcegraph’s finance team wanted a faster way to analyze expense trends and predict the burn rate based on aggressive hiring plans and R&D investment.
解决方案
Shifting from basic data analysis to insightful discussions around asset investment and liquidity management would require a more forward-looking approach. The Sourcegraph team turned to Mosaic, a Strategic Finance Platform that connects teams and tools to automate financial insights. Within days of integrating Mosaic, the Sourcegraph finance team reduced the time it took to pull ERP data from three days to minutes. Instead of routing key questions through the outsourced accounting firm, they could now gain insight from Xero and Salesforce data in real-time, from one centralized platform. Mosaic’s powerful analysis canvas allows them to access consolidated revenue metrics in a single, easily accessible dashboard tailored to how they want to see their business. They can automatically calculate critical SaaS metrics such as ARR, ARR changes, and net burn and load them onto interactive reports to create a shareable view of their cash position at any time. Analyzing expenses is also much simpler. With transaction-level data automatically pulled into pre-populated reports, the Sourcegraph team can easily view a consolidated list of department and account level expenses and drill down quickly to analyze variances. One-click and they can seamlessly triangulate the long-term impact of high-variance expenses like hiring 10 new engineers.
运营影响
数量效益
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