Subscription Metrics and Reporting
Subscription-based reporting is a strong tool for measuring customer satisfaction, recognizing trends, and enhancing the health of your business. Combining the key subscription metrics with right reporting offers an important business insight. In case metrics show that customers are losing interest in your product, then reporting will make aware your team about the issue. Reporting offers an insight to recognize the potential loss of the recurring revenue and to put the preventive procedures in place.
You need to maintain the current outlook of your business by reporting on the monthly recurring revenue, customer lifetime value, customer acquisition rates and churn. After that run all of these metrics by your ERP tool. Even it is possible to fix the billing tools that your team uses the most for more precise analytics despite where your information sits and then run the customer-centric subscription reports that can be offered across your organization or to the board.
Reporting
The reliable reports of ChargeMonk capture the significant trends in your annual recurring revenue and subscriptions. You will never have to depend on spreadsheets or check the precision of your reports again. Our analytics and metrics are fixed directly into your revenue schedules, and contract elements, automating time-consuming and difficult work and ensuring precision in every calculation.
Managing a subscription business needs a shift of thinking regarding your consumer, your metrics and your products. Reporting on the subscription metrics assists you to build a more predictable and better business. Moreover makes it easier to predict the future revenue and gives visibility into the health of your business. All of this can make your business more approachable to the demands of customer. Quickly moving to respond to such demands cements long-term and strong customer relationship that is the foundation of rising recurring revenue.
Dashboards and Reports
Whether highlighting the growth rates of subscribers or displaying recurring revenue by the country, our subscribe dashboards help you to test various business concepts and offer you with the data you require to advocate changes on the basis of marketplace trends.
Our subscribe reporting brings various flavors, with 40 pre-built reports that recognize the key metrics vital for any subscription company. Additionally, we have designed subscribe to support the API-level questioning of any data series or component that you can be imported by you and analyze in your data warehouse. Our subscribe reporting provides a real-time outlook of how your subscription business is growing.
Our customers profit from the network effect of our wealth of subscription transaction and subscription intelligence info by regular customers business reviews with our subscription team of the specialists. Using the peer rankings, cohort analysis, and our knowledge of best practices, we analyze and review key metrics from your company. The actionable suggestions from our customer business reviews can help you to enhance retention, reduce chargeback and grow subscribers, leading to the higher recurring revenue.
What Makes ChargeMonk The Powerful Tool For Calculating Subscription Metrics?
· It can integrate several e-commerce systems, payment gateways, and the Google Analytics into an inclusive dashboard.
· It can work with and understand multiple products, currencies and team members.
· It also cuts down on everyday operational chores such as order lookup and refunds.
· It is got a full-scale subscription dashboard and you can monitor all the KPIs and more from there.
· Not only that, it even has a furry subscription detection system that is why it works even with PayPal and other systems that have the recurring payment profiles but do not offer all the API details
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