Now it's the turn of SaaS companies to take center stage this earnings season. For the first quarter, SaaS expectations called for sustained enterprise momentum. However, for certain B2B platforms, there are concerns that these expectations could prove aggressive. That's the case even for those who have experienced account growth acceleration in 2021, such as cloud-based software provider Salesforce (CRM) and Workday (WDAY).
Here we examine the alternative data for two key SaaS stocks, Workday and Salesforce. How are these B2B companies faring in this era of the 'new normal?' We use our near-real-time digital data to find out.