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Baremetrics is built to do Net Dollar Retention analysis. Find out why Baremetrics is the best tool for Net Dollar Retention analysis and see your data accurately on beautiful Baremetrics dashboards.Analyse
What is Net Dollar Retention?
Net dollar retention (NDR) is a method of measuring the performance of recurring revenue within a product portfolio. NDR measures the change in revenue over time within your existing customer base. The metric accounts for all changes to the customer base from upgrades, downgrades, and churn. With this information, organizations can quantify how much money exists in their existing revenue base and examine where that money went.
In other words, NDR = (Starting MRR + expansion – downgrades – churn) / Starting MRR*100
What is Stripe?
Stripe is an online payment gateway that powers commerce for hundreds of thousands of businesses of all sizes, from startups to established players. Stripe’s technology makes it easy for businesses to be built on the internet, supporting use cases as broad as e-commerce, subscription billing, donations, self-serve content and software as a service.
Stripe’s developer tools and APIs make it easy to accept payments online, whether you’re an entrepreneur building a new service or a developer integrating payments into your website. Stripe is designed to provide flexibility and support online businesses in every step of their development process.
Baremetrics vs. Stripe
Baremetrics is a comprehensive and accurate business metrics monitoring tool for metrics such as MRR, churn, and the total number of customers per subscription. Baremetrics automatically pairs with your payment gateway to accurately monitor your financial metrics. When it comes to Net Dollar Retention analysis with Stripe, choose Baremetrics over Stripe to get deeper insights.
Use Baremetrics to do Net Dollar Retention analysis
Baremetrics offers a dashboard of 26 business metrics directly in the control center.
Beyond these 26 metrics, you can use features such as Recover to get back your money from failed payments and Cancellation Insights to drive understanding of why your customers are leaving.
Baremetrics is built to do Net Dollar Retention analysis. While you can do Net Dollar Retention analysis with Stripe, Baremetrics was built for Net Dollar Retention analysis and delivers everything you need. Check out this demo account where you can go and play with the Baremetrics dashboard without even signing up!
Get your Baremetrics free trial
You should sign up for the Baremetrics free trial and start analyzing Net Dollar Retention now. Make sure to compare Net Dollar Retention analysis with Stripe to the Baremetrics experience, and see which one works better for you. See your data accurately on beautiful Baremetrics dashboards!