Understanding Subscription Business with Real-Time Reporting and Analytics
Every organization has to track its performance to make informed and smart
decisions to measure success, to grow, and to adapt. Organizations that run with
the recurring revenues require adopting the metrics that imitate the economics of
subscription business systems. Subscription companies have unique sets of KPIs
and data points that typical analyses and reporting cannot serve. To get success,
these businesses need analytics and reporting capabilities tailored to their recurring
revenue business requirements.
decisions to measure success, to grow, and to adapt. Organizations that run with
the recurring revenues require adopting the metrics that imitate the economics of
subscription business systems. Subscription companies have unique sets of KPIs
and data points that typical analyses and reporting cannot serve. To get success,
these businesses need analytics and reporting capabilities tailored to their recurring
revenue business requirements.
Metrics and Reporting Factors
Various factors influence the profitability and long-term success of subscription-
based companies. These factors comprise product line changes, pricing, email
communications, ease of sign-up and sign-in, channel management policies, the
usability of features, and much more. Subscription companies can remain
responsive, agile, and sensitive by fine-tuning business modules with the help of
the analytics and reporting features formed into the ChargeMonk subscription
ChargeMonk Subscription Reporting and Analytics
ChargeMonk will manage all the transactions performed by your customers. Our
built-in configurable dashboards and custom reports will keep stakeholders,
managers, and customers better informed. Real-Time analytics like subscriber
life-cycle, churn rate, and the monthly recurring revenue support the end-user to
estimate and track the subscription plans right from the ChargeMonk’s instinctive
dashboard. Our financial reports such as net revenue and invoice details will
provide you to get a thorough understanding of your subscription billing and
business revenue. By joining the hands with us you can suppose your operations
and business to grow more efficiently and effectively.
Key Performance Indicators
Our subscription analytics business software dashboard provides a snapshot of the
key metrics. ChargeMonk lets you plan for the cash flow inevitability by its key
performance indicators like annual or monthly recurring revenue, usage trends,
customer lifetime value, and renewal rates. As the new developments in the
domain subscription and revenue take place, financial executives find themselves
in an oppressive situation where they need to adopt the manual means of reporting.
Don’t leave your business at the risk by using insufficient CRM reports. Our
updated tools will fulfill your expectations in an immediate and personalized form.
Automated Custom Reports
ChargeMonk’s Automated Custom Reports allows customers to produce and
develop obscure, detailed report info with the aid of inclusive scheduling tools. It is
significant to keep in mind that successful reporting is based on how the data is
presented and organized. Traditional systems follow the rigid hierarchies that limit
the easy flow of the data and how it can be accessed. To solve this issue
ChargeMonk provides a data model that concurs with your business model. This
made easy by real-time customer analytics, which includes customer segmentation,
product usage, credits and payments, invoice aging, taxes, sales rep performance,
and much more.
Financial Calendar
Another prevailing feature of ChargeMonk is its financial calendar that will give
customers a comprehensive review of all the activities that transpire on any given
day. You can stay one step ahead of your billing cycles always by taking
preventive measures to reduce the failed collections and maximize customer
retention.
Highly Customized Dashboards
We know that simple subscription systems have limitations in terms of confined
viewing capabilities and creating customized dashboards. All this leads to the
slow-down of the data in a timely approach and therefore resulting in impediments
for management. The dashboard wizard of ChargeMonk provides a simple manner
to create valuable views with improved security, giving real-time data to track the
progress of your business. Our account-specific dashboards also offer help with
customer support.
Find Reports for Every Purpose
ChargeMonk provides financial reports such as invoice details and net revenue,
and activity-based reports such as activity logs and API usage, to help understand
your subscription billing, customer and business revenue. Whether you require
filtering the report for a precise period or checking results for a specific product,
ChargeMonk has covered you. Create custom reports for your business
requirements easily. Check all the events associated with a specific subscription
downgrade, upgrades, renewals, and much more in a place. ChargeMonk collects
the information you require to keep your customers satisfied and happy. Despite
the comprehensive set of default reports, you can acquire more insights into the
transactions, customer behavior, and customer churn by integrating the
ChargeMonk with ChargeMonk analytics and forming reports of your own.
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