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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

DSO, or Days Sales Outstanding, is a formula and KPI for small and medium-sized businesses to measure the average number of days it takes to collect payments from customers. TL;DR DSO is calculated by dividing Net Credit Sales by Accounts Receivable, then multiplying by the number of days in any given period.

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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. Key Benefits of Automated SaaS Billing Systems Embracing automation with solutions like Stax Bill enables more efficient and accurate subscription management. Real-time insights.

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What is the SaaS Magic Number and How Do You Calculate It?

Stax

Enter the SaaS Magic Number, which measures the return on sales and marketing spend in generating new subscription revenue. TL;DR The SaaS Magic Number is a metric, somewhat similar to ROI, but designed to assess the efficiency and effectiveness of a company’s sales and marketing strategies. What is the SaaS Magic Number?

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Top 6 Recurly Competitors and Alternatives: An In-Depth Review

FastSpring

Bonus: Let FastSpring Handle Sales Tax, VAT, and GST for You SaaS and software companies didn’t always have to gather and remit sales tax or VAT. Now, SaaS and software companies have to file and remit sales tax or VAT in many jurisdictions — and many jurisdictions are enforcing these laws more strongly than before. Chargebacks.

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Subscription Billing for Businesses: Everything You Need to Know

Stax

Stax Bill is a best-in-class subscription billing platform that scales effectively alongside your operation. Subscription billing platforms like Stax Bill enable businesses to implement different levels of pricing, depending on how long a customer has been subscribed for. It emphasizes customer retention over one-time sales.

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Understanding Risk Management Strategies as a PayFac

Stax

Monthly sales amount (volume), average transaction amount, sales-to-purchase return ratio, etc. are some of the common metrics you need to track. However, the easiest way to go about becoming a PayFac while making sure effective risk management strategies are in place is to partner with an expert like Stax.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

Data can include anything from historical sales data to competitor pricing, product availability, and more. But as segmentation down to the individual consumer becomes easier to implement, metrics like customer loyalty and repeat purchase rates can be taken into account. This is where Stax comes in.