Of course, this should not be taken for granted. This statement is mostly true and should be taken seriously.
But why is that?
Firstly, without measuring results and looking at data, you won't be able to see the complete and realistic picture of all the events related to your business.
Secondly, if you don't track your results, you'll find it harder to come to conclusions about where mistakes were made. It will take you a long time to eliminate them, which can pose a huge risk to your business and your revenue, without which the business itself cannot survive in the long term.
Thirdly, it is important to know where you stand in relation to your competition. In fact, whatever niche you are in, it is important to know how your competitors rank. When you have an idea of their strategies and results, it will be much easier for you to create an advantage over them.
Tracking various metrics related to visitors and customers, refunds and other finances, market conditions and the like is a big challenge if done manually.
That’s why there are certain SaaS metrics tracking tools on the market today that you can take advantage of and also save a lot of time. In particular, you should keep nigeria phone number library in mind that sometimes it’s impossible to collect, read, and analyze all the important data you need.
Below you will be introduced to three extremely powerful tools that will make this crucial part of your job much easier.
Let's get started!
BenefitGood
This SaaS metrics tracking tool was created with the intention of helping you with subscription growth. It saves you time and allows you to focus on your products and customers.
ProfitWell offers results-focused products for:
Reduce dropouts
Audit-proof revenue recognition
Optimizing subscription prices
profitwell dashboard saas metrics tracking tool
On a ProfitWell dashboard, you can track all of your clients' most important metrics and recent activities by viewing their images, shares, and tags.
Features offered:
Subscription Reports and Analysis
Engagement Metrics
Acquisition Metrics
Revenue Metrics
Data segmentation
Return on investment analysis
Pricing software
Integrations
Pricing: ProfitWell is a free SaaS metrics tool with the ability to add an unlimited number of users.
profitwell pricing saas metrics tracking tool
What are the advantages of ProfitWell?
ProfitWell brings together economic experts to help you build a powerful pricing strategy.
By using this tool, you can let the ProfitWell team handle deferred revenue, complications, packages, and evolving standard changes.
Thanks to the use of advanced algorithms and artificial intelligence, your calculations will be error-free.
ProfitWell allows you to use their native integrations, but you can also use their Metric API. You can connect it with Stripe, Google Sheets, ReCharge, and more.
You can also use the mobile app, both on iOS and Android devices.
ProfitWell is a secure and GDPR compliant platform.
What are the disadvantages of ProfitWell?
If you are just starting the business, you may find it difficult to understand all the metrics and analyze them. You will need some time to harness the full potential of these reports and use them in your advancement.
When you want to integrate with some of the other tools and platforms, there is a chance that it will take you some time and not just a couple of minutes.
To sum up: ProfitWell is a very powerful tool that can provide you with really important reports and analysis, but it may take some time to get familiar with all the features and possibilities it offers.
Baremetrics
Baremetrics helps you see the most important metrics and insights from your dashboard.
baremetrics dashboard saas metrics tracking tool
This platform pulls in your daily breakdown, monthly recurring revenue, cash flow, and other important data for your daily business.
There are daily, weekly and monthly reports delivered directly to your email inbox informing you of the status of your data.
You can monitor what happens while your customers are in a trial, which can help you get higher conversion rates.
By using Baremetrics, you can see how your results compare to your competitors.
For each customer, you can view their payment history and changes.
Features offered:
Smart control panel
Segmentation
increase
Email Reports
loose tools
Control Center
Tracking expansion and attrition
Testing Perspectives
People's perspectives
Analytics API
Integrations
Pricing: Baremetrics has pricing based on your MRR, which stands for monthly recurring revenue. It also offers a 14-day free trial.
saas metrics tracking tool pricing baremetrics
What are the advantages of Baremetrics?
Baremetrics displays your data clearly. It doesn't leave you with a bunch of charts that you have to spend hours and hours poring over until you fully understand them. Everything is already given to you.
With Baremetrics segmentation, you can easily separate your B2B and B2C customers and see more accurate data.
If you work in a team, you can easily integrate with Slack and use Slack tools that help you be more productive and maintain a simple and effective workflow.
This SaaS tool integrates with Stripe, Braintree, Recurly, Google Play and some other major platforms.
What are the disadvantages of Baremetrics?
Like the SaaS metrics tool ProfitWell mentioned above, Barematrics can also be a great help for someone who is just starting out with analyzing metrics and data.
There is really a lot to consider to make the most of the potential offered by these tools.
Also, if you are just starting a business, Baremetrics' pricing method, which is based on MRR, may not fully suit your needs, but you can always try out the free trial period and find out if it is a good solution for you.
To sum up: With Baremetrics, you can forget about storing numerous spreadsheet data and instead have everything combined in one place.
Mogul Chart
ChartMogul is another tool for subscription analysis and revenue reporting.
With this SaaS metrics tracking tool, you can monitor all your users’ activities by knowing their behavior and creating a seamless user experience.
SaaS Metrics Tracking Tool Chartmogul Dashboard
With ChartMogul, all your data is in one platform, organized and ready to share with your team members.
This platform shows you different parts of your subscription analytics, such as MRR and its movements, annual recurring revenue, cash flow, and more.
Features offered:
Subscription data
Mobile subscription analysis
Revenue recognition
Developer Center
Analysis and reports
Charts and lists
Integrations
Pricing: ChartMogul offers three different packages and the pricing is also based on your MRR. But, if you are just starting the business, you can choose to Launch the package for free and upgrade to paid packages later.
saas metrics tracking tool chartmogul pricing
What are the advantages of ChartMogul?
With ChartMogul, you can easily share information with other workers and help them understand the business more deeply.
Many large companies already use ChartMogul to better understand revenue, pricing, and churn.
This tool has native integrations with Stripe, Braintree, PayPal, Shopify, Google Play, and other important platforms for your business. It also includes third-party integrations.
If some of your customers don't pay through these platforms, you can import them into your analytics from Google Sheets.
