Introducing Recurring Revenue Reporting (R3S)
Enhanced monthly and annual recurring revenue (MRR and ARR) metrics & more in NetSuite
When manually manipulating thousands of line items to get a status report of your subscription business is no longer feasible, what you want is a way to view the numbers you need at a glance. You need easy access to critical statistics in order to manage the fast-paced world of monthly or annual subscriptions. You want the flexibility to play with the different types of metrics you see and be able to create your own views. You want a simple way to track the performance of your sales team and analyze customer behavior so that quick decisions to optimize results and increase profitability can be made.
What’s getting in the way is that exporting this data out of NetSuite is not a scalable option. MRR and ARR numbers can change drastically at any moment, so having easy access to real-time data that you can interact with is a must. Plus, if you have a high volume of transactions, dealing with exports timing out can be really frustrating and slow down productivity.
We created R3S by AppWrap to complement the power of NetSuite ERP so that you can manage your subscription business with agility and intelligence, with or without NetSuite SuiteBilling. With R3S, data is calculated from your customer transactions, subscription records, and even custom records in NetSuite. SaaS metrics are computed with 100% accuracy and generated into reports that you can interact with on your dashboard. Enjoy the freedom of customizing your view so that you see the numbers that matter most to your organization – with the flexibility to change it anytime!