Remove Benchmarks Remove Forecasting Remove Headcount Remove Retention
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Benchmarking and Budgeting Go Hand in Hand

OPEXEngine

In working with hundreds and hundreds of SaaS CFOs over the past 15 years, I’ve noticed that effective and strategic CFOs incorporate accurate benchmarking into the daily business of the company and especially into the budgeting and planning process. . Use Benchmarks At the Start of the Budgeting Process.

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Customer Success and finance: 8 metrics to build closer alignment

ChurnZero

Good sales teams typically get the budget, headcount and tools they desire because the function is tied to revenue. As a result, CS teams often have to work harder to make the case for headcount, technology and even product requests on behalf of customers. A healthy benchmark is a 95% renewal rate in a given period.

Finance 98
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Interpreting The Insight 2023 Sales KPI Report

Kellblog

Those who find SaaS benchmark reports as impenetrable as James Joyce. While some SaaS benchmarks include a broad mix of VC-backed, founder bootstrapped, and PE-owned SaaS companies, SaaS benchmarks produced by VC firms generally include only those firms who tried to raise VC — i.e., the moonshots or at least wannabe moonshots.

Scale 102
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ChurnZero’s greatest hits of 2022

ChurnZero

Throughout the year, the ChurnZero team has shared content that explores so many different aspects of Customer Success, from career growth strategies and team management frameworks to retention tactics and industry benchmarks. 6/ How to transform Customer Success into a profit center with metrics and forecasting. Not so much.

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How to Present an Operating Plan to your Board

Kellblog

One year of forecast. This year that’s your 2022 forecast, which is your first through third quarter actuals combined with your fourth-quarter forecast. The next block focuses on retention rates: Net dollar retention = current ARR from year-ago cohort / year-ago ARR from year-ago cohort. So, present context.

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Kellblog Predictions for 2024

Kellblog

Customer retention came into sharp focus in 2023 and with it a new, balanced view relying on both NRR and GRR as key retention metrics. Per LinkedIn , headcount is up 240% over the past two years. They’re my funnel for filling AE headcount. Expect more of this activity in 2024. Retain is the new add.

AI Search 109
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Nov 17 – Customer Success Jobs 

SmartKarrot

Own the ultimate success of the customers, including onboarding, product adoption, retention, and growth. Work closely with Growth management to align on strategies, renewal forecasting, coverage plans, and account opportunities (i.e., Map and benchmark competition and share best practices. opportunities and risks).