Fenerum specializes in automating financial operations for Software-as-a-Service (SaaS) businesses. Its cloud-based platform streamlines various financial processes, including subscription management, billing, accounting, expense management, and reporting. 

The platform automates recurring billing processes, encompassing invoicing, revenue recognition, and payment collection, and includes automated dunning and debt collection to ensure timely payments. Fenerum consolidates all financial data into a single system, providing detailed and accurate real-time reporting, eliminating the need for manual spreadsheets and complex data integrations. It integrates directly with existing accounting systems, enabling real-time booking of revenue and expenses, facilitating faster month-end closures.