---
title: "Unlisted: Subscriptions, payments and reporting in one place"
description: "With Fenerum, Unlisted has gathered subscriptions, payments and reporting in one place and automated client onboarding. Read their customer case here."
url: https://www.fenerum.com/en-DK/cases/unlisted/
---
## Too many systems cost revenue

Unlisted, a Norwegian SaaS company that helps startups and scaleups manage their cap table and ownership, had their
clients' subscriptions spread across several different systems. None of them were properly integrated with Unlisted's
platform, which made managing clients and payments inefficient.

_Børge Østrem, COO/CPO at [Unlisted](https://unlisted.ai)_

> Our clients' subscriptions were scattered between a number of different systems, and lacked a good integration with
our SaaS platform. It was inefficient to manage clients and payments in this way, and we lost revenue because of it,

says Børge Østrem, COO/CPO at Unlisted. With no single place to manage subscriptions, it was hard to keep a clear
overview of clients and payments, and revenue slipped through the cracks. Unlisted therefore started looking for one
system that could handle all subscriptions and payments, and connect directly to their SaaS platform.

## Built for SaaS and Nordic payments

When Fenerum and Unlisted got in touch, Unlisted was looking for a solution built for SaaS that also supported the way
Nordic B2B customers pay, and that worked well with their accounting system.

> We needed a solution that was tailored to the SaaS business model in combination with Nordic payment "habits" -
invoicing, EHF, and card payments B2B - that also integrated well with our accounting system.

## Automated onboarding and fewer support calls

Today, onboarding a new client at Unlisted requires very little work. The subscription is entered in Fenerum, the
invoice is sent automatically, and the client gets a user with the right access level in Unlisted's platform.

> When onboarding a new client, we input the subscription data in Fenerum, an invoice is produced and sent
automatically, and the client gets a user with the correct access level in our SaaS without manual labor.

Because access to the platform follows the subscriptions in Fenerum, Unlisted receives fewer support calls. At the same
time, they have gained a much better overview of MRR, churn, subscriptions and payments.

> We have a better overview of MRR, churn and managing subscriptions and payments. Access to our SaaS is also
synchronized with subscriptions in Fenerum automatically, which has led to fewer support calls.

## "Real money, not just numbers in a system"

With all subscription data in one place and Fenerum connected to both their accounting system and bank account, Unlisted
can now trust their numbers.

> We can now trust our subscription data because everything is in one place. The data is connected to our accounting
system and bank account, so we know it is "real money", not just numbers in a system.

## Growing without losing control

For Unlisted, Fenerum has become the foundation for further growth. With subscriptions, payments and reporting in one
place, they can take on new clients and still keep full control.

> Fenerum's automation of subscriptions and reporting is tailored to a SaaS business like ours. We can grow without
losing control over our clients and payments.

---

## About Unlisted

Unlisted is a Norwegian company based in Sandnes that provides a cap table and equity management platform for growing
companies. Thousands of Nordic entrepreneurs and their advisors use Unlisted to manage their shareholder registry,
run equity incentive programs, simulate funding rounds and prepare for investor due diligence.

Learn more at: [www.unlisted.ai](https://unlisted.ai)

---

## Navigation

Up: [Subscription management & financial insights on autopilot](https://www.fenerum.com/en-DK/index.md) › [Why SaaS companies choose Fenerum](https://www.fenerum.com/en-DK/cases.md)

Full site index: https://www.fenerum.com/llms.txt
