This article describes the Monthly Recurring Revenue (MRR) Dashboard that is included with Solver's SaaS model for users of the Microsoft Dynamics 365 Business Central ERP and Binary Stream's
Subscription Billing Suite
(SBS). It is part of a library of more than 150 ready-to-use reports, budget models and dashboard templates that Solver provides to SaaS companies as part of its cloud Corporate Performance Management (CPM) platform.
Unlocking Business Potential: The Power of Monthly Recurring Revenue (MRR) Dashboards in Solver's CPM Solution
In the dynamic landscape of Software as a Service (SaaS) companies, staying ahead requires not just innovation in products but also in how businesses are managed. One pivotal aspect is the effective handling of Monthly Recurring Revenue (MRR). This is where a robust Corporate Performance Management (CPM) solution, such as Solver, comes into play. The implementation of a Monthly Recurring Revenue (MRR) Dashboard within this platform revolutionizes how CFOs and executives steer their ship.Challenges Without MRR Dashboards
- Limited Self-Service MRR Analysis: SaaS companies often grapple with a lack of user-friendly tools for MRR analysis. The absence of a self-service approach can lead to delays in decision-making, hindering the agility required in this fast-paced industry.
- Excel Spreadsheet Overload: Managing MRR through manual Excel spreadsheets not only consumes valuable time but also introduces the risk of errors. Dependence on these spreadsheets for crucial business insights can be a bottleneck for effective decision-making.
- Insufficient Visibility: Without a dedicated MRR Dashboard, gaining comprehensive insights into the key performance indicators and trends becomes an arduous task. Lack of visibility can result in missed opportunities and misguided strategies.
Benefits of Monthly Recurring Revenue (MRR) Dashboards
- Comprehensive Overview: Solver's Monthly Recurring Revenue (MRR) Dashboard provides a three-dimensional perspective � monthly, year-to-date, and trend charts. This comprehensive overview empowers executives with a nuanced understanding of revenue dynamics.
- Root-Cause Analysis: The inclusion of a root-cause page breaks down MRR into its components, offering deep insights into the driving factors. Identifying the root causes enables proactive decision-making, addressing issues at their source.
- Top Contributors Highlight: The Top Ten page showcases major contributors to MRR, facilitating a strategic focus on the most impactful elements. This feature aids executives in directing resources and efforts towards the areas that significantly influence revenue.
About the Monthly Recurring Revenue (MRR) Dashboard
This report consists of 3 tabs: Tab 1 provides a dashboard where the user can analyze monthly and YTD variances as well as trends for MRR and its components (chosen from a drop-down list). Tab 2 shows root cause analysis for New MRR, Existing MRR, Churn, Upgrades, Downgrades and Total MRR with a waterfall chart as well as a detailed report. Tab 3 shows the Top Influencers for the New-, Existing- and Churn MRR metrics and provides drill-down to see ALL underlying customer transactions.
Monthly Recurring Revenue (MRR) Dashboard for Dynamics 365 Business Central � Pre-built SaaS Template from Solver
Why Consider Solver's CPM Solution
In the ever-evolving SaaS landscape, where precision and agility are paramount, Solver's CPM solution emerges as a game-changer. The Monthly Recurring Revenue (MRR) Dashboard is just one facet of the over 150 pre-built reports, dashboards, and budgeting templates provided. The platform acts as a single cloud solution, automating and streamlining reporting, analysis, and budgeting. In conclusion, the implementation of Monthly Recurring Revenue (MRR) Dashboards as part of Solver's CPM solution empowers CFOs and executives in SaaS companies. It not only addresses the pain points of limited self-service analysis and Excel spreadsheet overload but also provides a holistic and insightful approach to MRR management. The decision to embrace Solver is a step towards not just managing but thriving in the complex world of SaaS business dynamics. Resources for Additional SaaS Reports, Dashboards and Budget Models For more information about all the SaaS templates from Solver check out these resources:- Take a self-guided tour of Solver
- Contact Solver for a personal demo or a quote
December 26, 2023
TAGS: report writer, subscription, D365 BC, dashboard, forecasting, analysis, budgeting, KPI, BI, Binary Stream, CPM, report, EPM, root cause, Subscription BIlling, SaaS, Corporate Performance Management, Budgeting Software, Microsoft Dynamics 365 Business Central, integration, business intelligence, SAAS company, SaaS KPI dashboard, SBS, Binary Stream Subscription Billing suite, TOP 10, MRR dashboard, Monthly Recurring Revenue Dashboard