Common challenges of reporting and analytics for subscription businesses are:

• Churn Analysis: Identifying why customers cancel subscriptions.
• Revenue Recognition: Handling deferred revenue accurately.
• Customer Lifetime Value (CLV): Accurate projection of future revenue.
• Data Integration: Combining data from various systems.
• Subscription Metrics: Tracking specialized KPIs (e.g., MRR, Churn Rate).
• Predictive Analytics: Forecasting future revenue and growth.
• Product and Pricing Optimisation: Finding the best pricing and features.
• Data Privacy and Security: Ensuring customer data protection.
• Competitive Analysis: Assessing the competitive landscape.
• Scalability: Handling data growth as the business expands.

Meeting these challenges requires specialised tools and expertise to optimise subscription-based business performance. With Billwerk+, you can rely on powerful subscription analytics tools to keep track of your performances, supporting your scalability.