BeeCastle’s revenue analytics shows MSPs their revenue sources and composition, allowing for a deeper understanding of churn and other growth drivers. These insights will enable you to implement the best practice business processes that will supercharge your revenue growth. Understanding the key drivers to your revenue movements will empower you to take positive action.
Part of our proprietary methodology is to speak to what is important for you – and we see that as customers. And whilst every customer is different, there are some important categorisations that help a busines focus its energy on the most important customers to be granted the most attention.
Focusing on the right areas, at the right time, is the key to success.
Revenue Analytics
Combine experience data and behaviour cues and map out the end-to-end customer journey so you can step in at the right time to remove friction and optimise their journey.
BeeCastle’s automated Revenue Trend analysis allows the user to see in real time the composition of revenue and changes to that revenue. See the amount and proportion of new client revenue, existing revenue and churn in a timeline to help you identify trends.
Revenue Changes
Flip the Revenue Analysis data on its head to focus exclusively on the changes, drivers and the rate of change over time to identify trends in growth or churn that need to be addressed.
Analysis of longer running trends allows you to strategically plan the allocation of resources to facilitate your objectives. Use data to correct set in place your plans for success.
Deep dive on your data to understand what products your customers are growing in, reducing in and those products that are steady-hitters and are the mainstay of your revenue.
Compare spending patterns across accounts and understand where a client is increasing spend in a particular product and see those numbers in real time.
Customer Growth
Customers are the lifeblood of any business. Comparing spending patters, growth trajectory’s and other important data of time to understand trends is critical to your strategic planning.
BeeCastle users also often undertake reconciliations or review customer growth data when on sales calls to explain to the customer current spend trends.
Business Benchmarking
Benchmarking is important because it allows MSPs to form objective assessments of their performance on a larger scale. It helps companies make meaning from their metrics and use them to encourage improvement and achieve best practice.
Our data is sources from BeeCastle users, market research we conduct, and data supplied or published by our partners that we consider credible.
Ready to see how BeeCastle can enhance your revenue?
