Fenerum

Fenerum is a financial services startup based in Denmark, founded in 2019. The company's slogan, "Automated subscription and financial management for SaaS businesses," reflects its core focus on providing automated SaaS finances including billing, accounting, expenses, and reporting seamlessly integrated with clients' accounting systems and banks. Fenerum's offering aims to streamline financial operations for SaaS businesses by automating recurring billing, invoices, revenue recognition, payment collection, dunning, and debt collection. The platform also provides detailed and accurate reporting, eliminating the need for outdated spreadsheets and unreliable integrations. One of Fenerum's key value propositions is its ability to integrate directly with clients' accounting systems, automating revenue and expense booking in real-time and expediting the month-end close process. Recently, Fenerum secured a Pre Seed Round investment in December 2019 from LoveMondays, indicating early investor confidence in the startup's potential to revolutionize financial management for SaaS businesses. As the company continues to grow and expand its reach, its automated solutions have the potential to save time and money for numerous market leaders in the SaaS industry.