A reliable solution and greater insight
Keatech, a provider of GPS tracking and fleet management software, faced significant challenges due to the lack of a reliable system to manage their subscriptions. Their previous partner failed to deliver dependable integrations, leading to inefficient workflows and excessive manual processes. These issues made it difficult to gain a clear overview of their business and limited their ability to scale.
Martin O. Mikaelsen, CEO at Keatech
We struggled to get a reliable overview of our subscription business, and the manual processes made it nearly impossible to scale effectively,
says Martin O. Mikaelsen, CEO of Keatech. To address these challenges, Keatech began searching for a solution to streamline their workflows and provide better insights. The choice fell on Fenerum.
Fast and efficient implementation
Keatech needed to quickly get started with billing and reporting through Fenerum. The onboarding process and implementation were both straightforward and efficient. The transition was completed rapidly with minimal disruption to daily operations. Data migration from previous systems was seamless, and Fenerum’s support team was ready to assist with any issues.
Onboarding and migrating to Fenerum was simple, and we quickly began seeing results,
says Martin O. Mikaelsen.
From four systems to a unified subscription solution
With Fenerum as a central part of their financial setup, Keatech has now unified their subscription management, financial processes, and reporting into one system. Previously, they juggled four separate systems to handle tasks ranging from invoicing to accounts receivable management.
Fenerum automatically registers payments, posts directly in e-conomic, and manages accounts receivable. We no longer jump between four systems; everything is handled through Fenerum.
This centralization has led to significant improvements in both efficiency and insight. The automation of processes like payment registration and revenue recognition has freed up time and resources. Additionally, Fenerum provides Keatech with easy access to key metrics such as churn, net MRR, and ARR, strengthening their decision-making foundation.
Fenerum has given us a complete overview of our subscription business. Payment registration and revenue recognition happen automatically, and we always have easy access to metrics like churn, net MRR, and ARR.
"We can’t imagine a day without Fenerum"
For Keatech, Fenerum has become an indispensable part of their finance team. The solution is not just an efficiency booster for administrative processes but a strategic investment that supports Keatech’s growth ambitions.
Fenerum is just as important a tool for our finance team as HubSpot is for our sales team. We can’t imagine a day without Fenerum :)
About Keatech
Keatech is a leading technology company specializing in GPS tracking and fleet management. Since 2017, the company has helped businesses optimize the operation of their vehicle fleets, machinery, and equipment. With over 20 years of industry experience, Keatech ensures that fleets always perform at their best.
Learn more at: www.keatech.com
