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FAQs

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  • Who should use the dataroomHQ product?
    SaaS companies that are either: a) spending significant time to generate and analyze operational metrics reports each month b) preparing to, or actively, fundraising c) seeking a blueprint for efficient growth d) looking to grow their RevOps or Finance teams e) wanting to impress in the boardroom
  • We use spreadsheets to do this today and it’s working. What’s the point of your product?
    Two things: 1. Save time with speed and collaboration. Automating manual reports reduces time spent creating, updating and iterating spreadsheets. 2. AI-powered analytics to instantly find patterns and trends in the metrics. By automating the report creation, you gain the advantage of quickly getting to "why" so you can inform functional leaders to make informed decisions today.
  • Our accounting/FP&A service provider takes care of this for us. Is there any benefit to using dataroomHQ?
    Yes! This creates a shared view of your reports, adds AI-driven insights, and increased agility in viewing and adjusting what you need. dataroomHQ is focused on operating metrics and does not automate accounting tasks, so your accounting experts should continue to manage that with you.
  • Our data isn’t very clean today. What do we need to gain value out of dataroomHQ?
    You can get instant value out of dataroomHQ with a few simple data points. Your customers’ subscription start/end date, amount billed and identifier are all that’s needed. Any additional variables you have will increase the AI analytics you get back.
  • Why is it important for a SaaS business to understand their operational metrics?
    These metrics are important because of the underlying business model on which SaaS companies operate. The initial sale, or customer acquisition, is only part of the revenue cycle. The subscription model means that full value realization of the customer happens at a later date. SaaS companies need to understand that lifecycle, how customer retention and other key business activities are impacting the revenue cycle, and how different segments or buckets of customers are impacting the overall performance of the company.
  • Why is it important to automate metrics reporting for financial planning and analysis?
    Accurate and effective reporting and analysis are time intensive. Most companies task highly valuable resources with these responsibilities. Automation allows those high value team members to focus on strategic impact– informing business leaders across the company for example– rather than manul tasks that can be completed with an AI-powered tool, like dataroomHQ.
  • What are the most important operational metrics a SaaS business needs to understand?
    There are varying opinions in the industry about which metrics are most important, and which are gaining/losing importance. dataroomHQ can advise on best practices based on your business and allow you to track and measure variables around those metrics custom to your business.

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