This article describes the Net Revenue Retention (NRR) 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 Strategic Insights: Modern Net Revenue Retention (NRR) Dashboards in Solver's CPM Solution
In the dynamic landscape of Software as a Service (SaaS) companies, the role of Chief Financial Officers (CFOs) and executives is pivotal in steering the ship toward sustainable growth and profitability. However, the absence of a comprehensive Net Revenue Retention (NRR) analysis tool can often leave decision-makers in the dark, relying on cumbersome manual spreadsheets for critical insights. Solver, a leading Corporate Performance Management (CPM) solution, steps in as a game-changer, offering a user-friendly NRR Dashboard as part of its extensive toolkit, equipped with over 150 pre-built reports, dashboards, and budgeting templates.Pains and Issues Without Net Revenue Retention (NRR) Dashboards
- Lack of Self-Service Analysis: Traditional approaches often hinder quick and independent NRR analysis, leading to delayed decision-making and increased risks.
- Excel Spreadsheet Overload: Managing NRR drivers such as MRR New Customers, MRR Existing Customers, MRR Churn, MRR Upgrades, MRR Downgrades, and Total MRR through manual spreadsheets not only consumes valuable time but also introduces the risk of errors and outdated information.
- Limited Visibility into Key Metrics: Without a centralized NRR Dashboard, tracking monthly, YTD, and trend charts becomes a laborious task, leaving leaders without real-time insights crucial for strategic planning.
Benefits of Modern Net Revenue Retention (NRR) Dashboards
- Effortless Self-Service Analysis: Solver's NRR Dashboard empowers CFOs and executives to conduct real-time analysis effortlessly, fostering quicker and more informed decision-making.
- Streamlined Reporting and Analysis: The 3-page Revenue Retention Dashboard, an exemplary feature of Solver, not only presents key figures but also includes detailed breakdowns of NRR components and a Top 10 report, providing a comprehensive view of the company's performance.
- Enhanced Strategic Planning: With a holistic view of MRR components and trends, leaders can fine-tune revenue and profitability planning, optimize sales strategies, and respond promptly to market dynamics.
About the Net Revenue Retention Dashboard
The Net Revenue Retention (NRR) dashboard consist of 3 tabs: Tab 1 provides a dashboard where the user can analyze monthly and YTD variances as well as trends for Net Revenue Retention and its components (chosen from a drop-down list). Tab 2 shows root cause analysis for MRR New Customers, MRR Existing Customers, MRR Churn, MRR Upgrades, MRR Downgrades, Total MRR and NRR with a waterfall chart as well as a detailed report. Tab 3 shows charts and ranked customer lists for each NRR component. For this and many other ready-to-use templates from Solver, visit our web-site Marketplace page.
Net Revenue Retention (NRR) Dashboard for Dynamics 365 Business Central � Pre-built SaaS Template from Solver
Why Consider Solver CPM Solution
In the pursuit of excellence, SaaS companies can no longer afford to navigate the complexities of revenue retention without a robust solution. Solver's CPM platform offers not just an NRR Dashboard but a complete suite of tools to automate and streamline financial reporting, analysis, and budgeting. By choosing Solver, executives can ensure that their decisions are grounded in real-time data, fostering a culture of efficiency, accuracy, and strategic growth. In a world where every decision matters, Solver stands as the beacon guiding CFOs and executives towards a future of unparalleled success. 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
January 1, 2024
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