Maxio’s Post

🚀 Growing your company? Expect SaaS costs to rise due to: - User-based Pricing: More employees, higher costs. - Feature Upgrades: Need for advanced features. - Data Storage: Increased data volume. - Transaction Fees: Higher transaction volumes. - Customization & Integration: Additional feature costs. - SLAs: Enhanced support needs. - Scaling Costs: Volume discounts vary. - Negotiation Power: Better terms for larger companies. - Economies of Scale: Potential per-user cost reduction. - Renewal Negotiations: Renegotiate pricing at renewal. Keep an eye on SaaS usage and costs to ensure you're getting the best value! 💡 #SaaS #BusinessGrowth #CostManagement Spendflo Siddharth Sridharan Ajay Vardhan Rajiv Ramanan

If you have no clue how your SaaS metrics compare to the industry standard, stop. Remove: -Guesswork -Irrelevant comparisons -Vanity metrics -Outdated data Instead: ↳ Use reliable benchmarks ↳ Focus on relevant KPIs ↳ Compare against similar companies ↳ Update your data regularly ↳ Simplify your analysis Be informed with your metrics. We've analyzed 6 Product Metrics from 547 SaaS companies to get the latest industry benchmarks. Curious to see how you stack up? If you want our SaaS benchmarks report with results from 547 companies across 6 different industries, like this post & comment 'saas' below.

Let's talk about more than just closing the deal; you need to keep the momentum going! 💡 How do you turn satisfied customers into your biggest advocates and fuel growth beyond the initial pain points? Read about it here 👉 https://hubs.ly/Q02pS19k0 #CustomerSuccess #SaaS #LaneFour #BusinessSuccess #Retention #Expansion

Want to learn tips and tricks to save on operating expenses and optimize cash burn?   Join me and Jared Greenberg from Vertice.one as we dive into spend management and cash burn.   In some SaaS verticals, such as sales software, average underutilization reaches as high as 52%.   Jared will unpack why your SaaS spend holds the key to reducing your cash burn rate and how SaaS optimization could transform your spending for the better, touching on relevant topics such as SaaS inflation, SaaS wastage through maverick spending, and centralizing and rightsizing your SaaS stack. When: Jan 31 Time: 9am PT / 12pm ET Format: live Bonus: all live participants will receive my 30+ SaaS metrics and forecast template bundle! Register at the link in the comments. Replay will be made available. #SaaS

Want to learn tips and tricks to save on operating expenses and optimize cash burn? Join me and Jared Greenberg from Vertice.one as we dive into spend management and cash burn. In some SaaS verticals, such as sales software, average underutilization reaches as high as 52%. Jared will unpack why your SaaS spend holds the key to reducing your cash burn rate and how SaaS optimization could transform your spending for the better, touching on relevant topics such as SaaS inflation, SaaS wastage through maverick spending, and centralizing and rightsizing your SaaS stack. When: Jan 31 Time: 9am PT / 12pm ET Format: live Bonus: all live participants will receive my 30+ SaaS metrics and forecast template bundle! Register at the link below. Replay will be made available. https://lnkd.in/gNnPzPQX See you live! #SaaS

Stay ahead of the game in valuing SaaS companies with our comprehensive framework designed for 2023. Explore key aspects such as recurring revenue, customer acquisition costs, and competitive dynamics to gain valuable insights for making informed investment and strategic decisions in the thriving SaaS industry. Read our insight here: https://lnkd.in/gfJcrj_7 #SaaS #BusinessValuation

Want to learn tips and tricks to save on operating expenses and optimize cash burn? Join me and Jared Greenberg from Vertice.one as we dive into spend management and cash burn. In some SaaS verticals, such as sales software, average underutilization reaches as high as 52%. Jared will unpack why your SaaS spend holds the key to reducing your cash burn rate and how SaaS optimization could transform your spending for the better, touching on relevant topics such as SaaS inflation, SaaS wastage through maverick spending, and centralizing and rightsizing your SaaS stack. When: Jan 31 Time: 9am PT / 12pm ET Format: live Bonus: all live participants will receive my 30+ SaaS metrics and forecast template bundle! Register at the link below. Replay will be made available. https://lnkd.in/gNnPzPQX See you live! #SaaS

📈💼 Looking to boost your SaaS Gross Margin? Here are three quick tips: 1️⃣ Optimize your pricing strategy: Understand the value your product delivers and price it accordingly. Don't undervalue your service! 2️⃣ Improve operational efficiency: Streamline processes, automate where possible, and reduce waste. Every bit of efficiency can contribute to a healthier margin. 3️⃣ Manage customer churn: Retaining existing customers is often cheaper than acquiring new ones. Invest in customer success and watch your margin grow. Remember, a healthy Gross Margin is key to a sustainable SaaS business. Keep refining your strategies and stay profitable! 💪💰 #SaaS #GrossMargin #BusinessStrategy

SaaS (Software as a Service) tells its story through metrics. Good Metrics = Good business Here are the 4 key SaaS metrics according to me: 1. ARR & YoY growth (Tells you how big the businesses is and how well the engine is running) 2. Renewal rate (by cohort) (What % of customers available to renew choose to stay with you. Best indicator IMO of product-market-fit & longevity. If your product is critical, customers won't leave) 3. Net dollar retention (by cohort) (NDR tells you how quickly you're growing from existing customers) 4. Subscription gross margin (SaaS is high gross margin 75%+. Below that is a red flag) What are your critical SaaS metrics that you track closely? #SaaS #FinanceforSaaS #SaaSfinance #Cfo #SaaSmetrics #FinanceTips #BusinessMetrics #Analytics #FinancialInsights #BusinessStrategy

What is ACV 🤔? [How to Calculate, Importance & More] 💡 - This "What Is ACV in Business?" article focuses on one thing, and one thing only—annual contract value‼️ In this blog post, we're exploring what's ACV in sales, how to calculate it, the importance of knowing annual contract value, typical ACV for SaaS organizations, and other key metrics related to this figure. 🔑 No longer will you be scratching your head asking the question, "What is ACV in finance?" 😁👇 https://lnkd.in/enntyn6H - Tags: #SalesSuccess #MarketingStrategy #BusinessGrowth #DigitalMarketing #ConversionRateOptimization #SalesFunnel #BrandBuilding #OnlineBusiness #SocialMediaMarketing