CLV, LTV, accrual and similar terms can be difficult to understand. Look up the subscription dictionary and find the explanation for the exact term you need information about.
Invoice Draft Let's take a shot at transforming an otherwise dry and boring accounting term into something more fun. Invoice Draft, the unsung hero in a world...
Automatic Invoicing: You know the feeling when you're stuck in traffic, you're late, your favorite song just came on the radio, and then...BAM! You remember...
Microsoft Dynamics Nav, or as we like to call it, 'the business software equivalent of a Swiss army knife'. Imagine having a tool for everything...
Alright, gather 'round folks, we're about to dive into the exciting world of subscription businesses. Buckle up, because today's word on the street is "Chart...
Hosting Agreement: Okay, folks, buckle up! We're about to dive headfirst into the thrilling, adrenaline-pumping world of... hosting agreements. Yes, you heard right. Now, don't...
Service Subscription: A Magical, Wallet-Draining, Life-Simplifying Phenomenon So you've heard the term 'service subscription' thrown around, and it's got you scratching your head? Well, sit...
Service Agreements - Now here's a phrase that might make you want to take a long nap, but stick with me, because it's actually pretty...
GDPR - A Hilarious Guide to Data Protection GDPR. It sounds like a fancy sandwich or a new dance move, right? Wrong! It stands for...
Zapier (noun): A magical, digital wizard that makes your work life a breeze and is a secret weapon in the world of subscription businesses. With...
API: All-Powerful Internet-thingy (or Application Programming Interface, but that's not nearly as fun) So, you're probably wondering, "What's an API?" Well, my friend, buckle up...
Privacy Policy - or as we like to call it, "The Big Book of No Peeking" So, you're minding your own business, signing up for...
"Dunning" - Ding, ding, ding! No, it's not the sound of a game show buzzer, but rather a term you'll often hear bouncing around in...
"Auto Renewal" - Buckle up, folks! We're taking a wild ride into the realm of subscription businesses. What's that? You thought it was all just...
Title: Self-service Self-service, folks, isn't just about helping yourself to the last slice of pizza when no one's looking, though that's certainly one tempting example....
Referral Program: This is one of those fancy terms that businesses use to make it sound like they’re giving you a top-secret mission. In reality,...
"Burn Rate" Ahoy there, business buccaneers! Ready to dive into the thrilling seas of subscription-based businesses? Well, fasten your seatbelts because we're about to explore...
Cash Flow (n): The lifeblood of any subscription-based business and a term that gets accountants more excited than a 50% off sale at the calculator...
Alright, let's dive into the world of subscription businesses, where the term "Customer Lifetime Value" (CLV) is as cool as a cucumber in a bowl...
"Churn Rate" - Now, don't let the term scare you. It's not about your grandma's butter-making contraption or a violent swishing of liquid. It's a...
Monthly Recurring Revenue (MRR) Alright, let's get this party started. What's the Monthly Recurring Revenue, you ask? Or as those business-types like to call it,...
