Evidence

Client stories and review notes

What SaaS teams noticed during KPI and control review engagements — including the awkward parts.

“They caught that our “activated user” count double-counted trial restarts after a billing migration. The board pack finally matched the warehouse export.”

Mei Ling Tan · VP Finance · B2B subscription software · SaaS KPI Control Review

“The review took longer in week two than we hoped because source systems were messy — but the control matrix they left is still what we use before each monthly close.”

Arun Krishnan · Head of Operations · marketplace SaaS · Financial Control Audit

“We expected a polished slide deck. What we got was a blunt list of event names that meant different things to growth and CS. Uncomfortable, useful.”

Sofia Rahman · Product Lead · vertical SaaS · App Analytics Integrity Review

“Farid sat with our controller through one close week in KL. He did not rewrite our ledger; he showed where credit notes bypassed approval. That alone paid for the fee.”

Daniel Ong · Founder · HR software · Financial Control Audit

Extended story: reconcilling retention before Series B

A Klang Valley B2B SaaS team asked us for a SaaS KPI Control Review six weeks before diligence. Product reported net retention above 110%; finance could not reproduce the cohort from invoices.

Constraint: two analytics properties still held events from a pre-migration product line, and finance only received a monthly CSV without cohort keys.

What we did: rebuilt the retention definition from invoice line items first, then traced which product events could support the same cohort. Three workshops later, both sides agreed on a customer-level key and a documented exclusion list for paused contracts.

Outcome: the diligence appendix used one retention chart with footnotes. The team still debates growth tactics — but not the denominator.

Extended story: close-week access rights

A multi-entity SaaS finance team booked a Financial Control Audit after an external auditor flagged weak evidence around credit memos.

We observed one close week on-site, sampled thirty credit notes, and mapped who could issue, approve, and post. Two people held all three rights in a subsidiary entity. The findings memo recommended a dual-approval rule and a monthly exception report — implemented by their controller without buying new systems.

Ready to document your own review? Start with a scoping call.