INSUBCONTINENT EXCLUSIVE:
Chargify, the payment management service owned byScaleworks, has added revenue forecasting tools to its software as a service offering.
The
company new revenue forecasting tools uses historical data and month-over-month performance pulled from a company billing platform.
The
company says its new tool can cut forecasting down from two months to as little as two minutes.
With a suite of billing and revenue
management tools, Chargify already has a good window into previous performance
And the company hopes those forecasting tools can help businesses benchmark their revenue progress.
Using the new forecasting tool,
companies can pull baseline metrics from historical growth and churn data looking at three, six or 12-month averages to understand how
historical trends could affect businesses, the company said.
Beyond forecasting, the toolkit from San Antonio-based Chargify will save the
projections and automatically trigger benchmark tracking to actual performance alongside the baseline forecast.
