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When you’re a SaaS business, metrics really matter. Due to their unique operating and revenue model, the management of SaaS businesses requires specialised metrics to provide meaningful insights into financial performance.
Managing a software as a service (SaaS) business so that it is successful has more in common with managing a service like Netflix than running a traditional IT business. In a SaaS business, things like churn rates and annual recurring revenue can mean a lot more than vanilla sales figures.
Freelancers or sole-trader accounting doesn’t require complex software. We talk to the co-founder of Rounded about simple accounting software.
SaaS success lean on being smart with your SaaS metrics. ChartMogul is a powerful analytics tool for SaaS businesses that helps you monitor & manage these.
