Measuring the right analytics is key to growing a SaaS or subscription business over the long term. After all, if you’re not measuring how your business is performing, how can you make decisions to improve it in the future?
That said, it’s crucial to choose the right analytics tool for your business, whether it’s Baremetrics, ChartMogul, or ProfitWell. Read on to learn more about these analytics platforms, including key features, pricing, and more.
Baremetrics is a subscription analytics toolkit built for SaaS and subscription companies. Our toolkit helps subscription companies track the metrics most critical to their business, and then use smart features to take action on these insights.
Baremetrics empowers subscription businesses to grow with features that recover revenue, uncover why customers are cancelling, automate financial forecasting, and more.
Compared to ChartMogul and ProfitWell, Baremetrics offers the most comprehensive set of features essential to growing a subscription business, all in one tool.
ChartMogul is an analytics tool that’s aimed at helping subscription businesses measure, understand, and grow their revenue. A key focus of the platform is providing accurate data that can be analyzed using advanced editing and visualization options.
While ChartMogul has strong data analytics and segmentation capabilities, it lacks many of the features necessary to take action on any insights discovered.
For example, the platform will likely need to be paired with another tool for automated dunning and revenue recovery. In the long run, it can be challenging (and expensive) to manage multiple platforms to grow your subscription business effectively.
ProfitWell is a toolkit offers revenue automation and metrics tracking products for SaaS and subscription businesses. This includes the ProfitWell Metrics platform, the Retain® churn reduction software, and other solutions.
Revenue automation is the primary focus of ProfitWell, so it offers a basic metrics platform for free and charges subscriptions for its automated solutions. This makes another analytics solution more useful for generating deeper insights that drive business growth.
Header | Baremetrics | ChartMogul | ProfitWell | |||
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Main Focus |
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Subscription metrics and analytics |
Revenue automation products and services: churn reduction, pricing optimization, metrics and analytics. |
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Trial Length |
14 days |
14 days |
Metrics product is already free. However, they do not offer free trials for add-on features and services |
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Dunning (revenue recovery) Solutions |
Comprehensive automated dunning solution (Recover) |
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Churn Insights |
Cancellation Insights feature shows you the reasons why customer cancel and the revenue lost to each reason |
No feature for collecting insights about why people churn. |
Cancellation flow analysis included in Retain feature |
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Reporting |
Smart dashboards with powerful drag and drop capabilities.
Inspiring and intuitive UX and UI. |
Visualization options for charts and dashboards (only higher tier plans) |
Advanced customization requires enterprise subscription |
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Integrations & Data Import |
Direct integrations with Stripe, Braintree, Recurly, App Store Connect, Google Play, Shopify Partners, and Chargebee. Data import from other sources possible via the Baremetrics API or third-party connections. |
Direct integrations with Stripe, Braintree, Recurly, App Store Connect, PayPal, Chargebee, GoCardless, Google Play.Data import from other sources are possible via their Import API or through their partner SaaSync. |
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Data segmentation |
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Segment by customer tags and other attributes. |
Segment by traits and tags enriched with Clearbit and Full Contact |
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Forecasting |
Advanced forecasting features automate your financial model, scenario planning, and forecasting using your accounting data and SaaS metrics. |
Forecasting capabilities are limited to Committed MRR forecasting. |
Forecasting capabilities are limited to end-of-month forecasts for all included metrics. |
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Support |
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All three platforms are built for SaaS and subscription businesses, and have different strengths and weaknesses depending on what you’re looking for.
ChartMogul offers in-depth data analytics and segmentation, but it doesn’t offer many features for taking action on these insights. ProfitWell, on the other hand, is more focused on revenue automation and recovery — with less of a focus on analytics and reporting.
Baremetrics provides an easy-to-use analytics dashboard with dozens of key metrics for SaaS and subscription businesses. We also go beyond analytics by also offering automated tools for dunning and churn insights, as well advanced financial forecasting and scenario planning.
Our unique combination of features help subscription companies track real-time performance and take action on these insights to propel their business forward.
Sign up for a free trial to learn how Baremetrics can help you grow your subscription business today.