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Harshal Khatre

๐Ÿ‘ค Speaker
192 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Okay, got it.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Like I told you, it's not that straightforward for people who are coming outside of India.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

The price is much, much higher.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

And we have a different pricing for accountants.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So they pay us lump sum or they both pay us more for per account as compared to what we get here in India.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

More, more, more than that.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Yeah, actually a lot more than that.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Because see, in white label, what happens is that whenever we onboard a customer, there are multiple costs involved.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So there is a monthly fee going on for them.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So typically, we charge around $2,000 to $2,500 for one accountancy firm.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

That's just the main term.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So it's not only based on users.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So these properties, they can use our administration panel, admin panel, and they can onboard their own customers and have their own branding.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So the whole thing is powered by

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

So right now we have, I think, 15 to 17 accounting firms that are using it right now.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Yeah, in terms of revenue, in terms of users, our primary website, it is the main crowd-runner.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

When did we pass the million-dollar run rate?

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Yeah, it's a big moment.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

Actually, we passed it last year itself.

SaaS Interviews with CEOs, Startups, Founders
ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

I don't know because three months were very, very bad for us.