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Dear SaaStr: What Should I Do in a Sales Audit?

SaaStr

Forecast Accuracy : Evaluate the accuracy of your sales forecasts. AI can reduce forecasting errors by 20-50%, so if youre still relying on guesswork, its time to upgrade your approach. Churn and Expansion : For existing customers, analyze churn rates, upsell/cross-sell performance, and NRR (Net Revenue Retention).

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The Complete Guide to SaaS Pricing Strategy

Tom Tunguz

This keeps morale high and creates a very predictable revenue forecast. Third, contracts mitigate churn rates because the customer is only making a renewal decision once per year, instead of 12x per year. ” If the SaaS startup cannot continuously improve the performance for the customer, the customer is bound to churn.

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Surveying Sales Leaders - How Coronavirus is Impacting Quotas, Bookings, and Budgets

Tom Tunguz

72% of respondents have adjusted revenue targets and forecasts, or expect to soon. Only about 1% have seen a benefit and are increasing their forecasts. About 54% of respondents have seen higher churn; the other half has seen no change. 61% will see a decline in Q2 bookings relative to Q1. About 15% will see an increase.

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A data-driven framework for customer success renewals forecasting

ChurnZero

How can we shift our mindset from reactive to future focused, from assessing past mishaps to forecasting ideal scenarios? Renewals forecasting was historically a sales game, but increasingly, CS teams are responsible for expansion revenue. Choose the right metrics to inform your forecasting model. Where can you start?

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Three Revenue Growth Strategies to Scale Up Customer Success with Hook 

SaaStr

They’re expected to back up forecasts and gut feelings with data. Build a value narrative A health score A forecast Keep reading to learn how to achieve this if you have best-in-class data and how to do it if you’re not there yet. #1: If You Have Access to Data Your data-driven health score will dynamically inform your forecast.

Scale 284
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Using Triangulation Forecasts For Improved Forecast Accuracy and Better Conversations

Kellblog

CEO: What’s the forecast? That’s why that’s the forecast. I’ve already blogged about one way to solve this problem: encouraging your CRO think probabilistically about the forecast. In this post, we’ll cover triangulation forecasts. Triangulation Forecasts. Ever been in this meeting?

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A Simplified Method for Forecasting MRR Growth

Chart Mogul

As 2021 approaches, discussions about forecasting MRR are becoming commonplace in companies of all sized. It’s sort of like being the weather forecaster — perfection unattainable. I just reviewed a forecasting model that I built 6 months ago where actual MRR is going to beat the modeled prediction for MRR a month early.