What is Order to cash process (O2C)?
O2C is a business process that includes every step of the order flow
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What is Monthly Recurring Revenue (MRR)?
MRR is a measure of a monthly expected recurring revenue
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What is annual recurring revenue (ARR)?
Annual recurring revenue is revenue that a business acquires yearly
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What is Customer Retention?
Customer retention is the ability of a business to retain its customers
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What is Customer Lifetime Value (CLV)?
Customer Lifetime Value is the average revenue per customer during their subscription
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What is the best subscription management software?
There is no simple answer to the question of what is the best subscription management software? With the latest rise in popularity, subscriptions are making their way into business models, which we wouldn’t imagine a few years ago.A modern subscription management software must simplify billing, invoicing, and payment management and include advanced analytics to maximize…
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What is Freemium?
Freemium is a well-known business model which enables online platforms to give users free and premium product features. Users have free access to basic features, while advanced features are restricted. Users must pay a monthly or annual fee if they want to “unlock” premium features. The word freemium combines two familiar words: free and premium.…
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What is EV range anxiety?
EV range anxiety is the fear EV drivers experience while using electric vehicles
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What is the ASC 606 revenue recognition standard?
ASC 606 offeres uniformity and standardization in revenue recognition process
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What is Churn Rate?
The churn rate or customer churn shows how many clients stopped using your products
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