The threat of rising interest rates and the ongoing economic uncertainty have left businesses reevaluating spends and operating frugally. And, with conscious spending taking over the consumer mindset, customers are now postponing new purchases or subscription renewals unless it’s essential. While it may be challenging to acquire new customers, it’s not impossible to ride out …
If you’re running a finance team here’s how connecting Chargebee and Anrok can help you stay sales-tax compliant without adding friction to your process.
Whether this is your first eCommerce store or 20th, PayPal is an excellent payment processing choice primarily for its agility and simplicity. A PayPal integration does not require advanced technical knowledge or a complex tech stack, has a quick time-to-value, and due to its widespread adoption is a popular choice for most businesses. If you …
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Often, the difference between a customer with churn intent and a truly disgruntled ex-customer, is the fine thread we call the ‘cancellation flow.’ It is your Hail Mary(!), the final attempt at winning back your customer’s trust when all else – which is to say ‘their experience with your product’ – has failed. It is …
Continue reading “3 Cancellation Flow Examples to Reduce Customer Churn”
Since 2006, Xero automated the problem of high-performance business accounting, amassing 3.5 million subscribers, to become one of the most popular business accounting platforms in the market. It also focused squarely on product intuitives in order to transform, what is essentially a complex problem, into a simple plug-and-play feature for small business owners and accountants …
Continue reading “23 Xero Integrations and Add-Ons for Your Business”
Keeping track of your company’s finances is very important. This includes but is not limited to tracking what you’re bringing in, but also being able to capitalize on time-based profitability, and keeping your data handy for the IRS. That’s why you need to make sure that you have the best accounting software available that meets …
Continue reading “Xero or Sage: Choosing the Right Accounting Software for your Business.”
Make revenue recognition easy under ASC 606 in 5 steps and with an ideal software to support it.
You’ve probably heard (or found out the hard way) how much more expensive it is to acquire a new customer than to retain an existing one. You’re also aware that churn is among the critical metrics for profitability, and customer retention is crucial to expand the lifetime revenue (LTV) of acquired customers. By some accounts, …
Continue reading “Why are customers canceling? Top reasons and how to prevent it”
What is beyond the cutting edge of usage-based pricing? How is its tomorrow different from today? All this and more from our recent study combining research from 300+ SaaS businesses, and expert insights from Sequoia, Accel, Insight, and OpenView.
As subscription businesses continue to grow at a rapid rate (500% in the last seven years), so do the revenue recognition challenges and compliance bottlenecks. While ERP software is often thought of as an answer to these challenges faced by subscription companies, is it really the best solution? In this post, we’ll take a close …
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As businesses prepare for a looming recession, there is mounting pressure on CFOs to ensure financial stability. To maximize cash flow during economic turbulence, CFOs need to rethink value measurement and focus on improving operational efficiency with limited resources to steer the business ahead. Finance leaders who champion change and capitalize on the benefits of …
How can the modern CFO change the direction of a business using agility amidst disruption? What are the tools that the agile CFO needs in their armory?