EU Tech Group - ScaleXP

Join EU Tech Group and leading SaaS companies automating complex financial reporting

EU Tech Group needed clarity, speed, and confidence across its portfolio company reporting. Revenue recognition lived in manual spreadsheets, SaaS metrics were not visible, and lender requirements introduced new pressure for accurate, accrual-based reporting.

ScaleXP has simplified our entire finance workflow. Month-end close is now a 10-minute exercise to ensure invoices are flowing correctly through the system.

Sjoerd Smaal

Co-Founder & CFO

About EU Tech Group

EU Tech Group is a permanent home for Europe’s leading public-sector software businesses. Backed by long-term capital and a network of entrepreneurial partners, we’re here to invest in people, nurture innovation, and protect the unique DNA of each company, without the pressure of an exit timeline.

Overview

EU Tech Group needed a faster, more reliable way to manage financial reporting across its portfolio. Revenue recognition was handled manually in spreadsheets, SaaS metrics lacked visibility, and new lender requirements introduced pressure for accurate, accrual-based reporting.

ScaleXP brought everything into one living source of truth, unifying finance, billing, and performance data. Month-end is now handled in minutes, with real-time access to ARR, churn, and lender-ready reports, giving the team confidence in every number and every decision.

Key Details
Company: EU Tech Group
Industry: Venture Capital / Investment
Location: Amsterdam, Netherlands

Problem:

Manual, spreadsheet-based revenue recognition, creating risk and lack of control
No visibility into SaaS metrics like ARR or underlying customer performance
Lender reports take 4 hours per month to create

Problem: Manual, spreadsheet-based revenue recognition

Solution: Automated Revenue Recognition

“ScaleXP automated revenue recognition and removed reliance on spreadsheets, ensuring consistent, system-driven calculations. Accurate, audit-ready revenue reporting – eliminating spreadsheet risk and improving trust in the numbers with a savings in time of ~90%.”

Problem: No visibility into SaaS metrics and performance

Solution: Real-Time SaaS Metrics & Dashboards

“ScaleXP gives us instant visibility into ARR, MRR movements, churn, and expansion. We can see exactly how the business is performing, without waiting for reports or pulling data from multiple systems.”

Problem: Inability to meet lender reporting requirements

Solution: Automated, Accrual-Based Reporting

“ScaleXP replaced a manual, error-prone Excel process with automated revenue recognition directly from live data. Month-end is no longer a risk area; it’s a controlled, reliable workflow that runs in 10 minutes.”