Transcript
Page 1: Drive Higher Revenue from Renewals

Because thereis an estimated

For many companies recurring revenue represents

OF REVENUE.30%+

Because acquiring a new Customercan cost

by contactingcustomersbefore expiration.

worth of uncapturedrecurring revenueopportunities per year.

That’s roughly thesame as Samsung givingaway 20 million laptops.

before expiration after expiration1

the amount of retaining anexisting customer.

30billion

$

Retain more customers with increased customer reach.

Gain better insight into customer behavior and buying patterns to tailor sales and retention e�orts.

7X

6 5100shours systemsof data elements

35Because renewalrates can increase

up to

%

+

Drive Revenue from RenewalsWhy Is Recurring Revenue Important?

And upwards of

OF PROFIT. 150% decrease in

customer defection

5% results in a

increase in a company´sprofit.2

3

25-80%

Renew OnDemand™ is the first cloud application specifically built to transform recurring revenue management into a strategic, methodical practice so you can

unearth hidden growth potential across your business and capture lost revenue.

Typically, businesses cobble together systems or use manual processes and spreadsheetsto manage recurring revenue. What if you could change that? Below are three proven methodsthat can help you improve sub-optimal renewal rates and increase revenue for your company.

Improve Customer Retention

Increase Recurring Revenue and Profitability

Gain Business Insight

How Can You Do All of This?

WHY?

WHY?

Because it takes a sales rep an average of:

Without adedicatedsolution, up to

That’s 3/4 of anaverage workdaynot selling.

and

1/4 corefunction

3/4 non-corefunction

to toggle betweensystems to preparea single quote. 1 must be accessed

for a single renewal. 1

WHY?

HOW?

Inform sales strategies forrenew, up/cross-sell, and product refresh opportunities.

Develop best practicesand renewals salesmethodologies.

HOW?

HOW?

June

24

Cleanse, merge, and analyzedata for a completed pictureof your entire renewalbusiness.

Access real-time data within-line dashboards to informmanagement decisions and execute sales strategies.

Use accurate analyticsto align resources and prioritize opportunities.

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