How To Calculate Gross Logo Retention Rate in Sage 50 | Arithmix

Calculating gross logo retention rate is an important metric for any business. It helps you understand how many customers are staying with your brand over a given period of time. In this article, we'll explain what gross logo retention rate is and how to calculate it in Sage 50.

What Is Gross Logo Retention Rate?

Gross logo retention rate is the percentage of customers who continue to use your product or service over a given period of time. It's a measure of customer loyalty and can help you understand how well your business is performing. A high gross logo retention rate means that your customers are satisfied with your product or service and are likely to continue using it in the future.

Calculating gross logo retention rate is important because it helps you identify areas where you need to improve your product or service. For example, if your gross logo retention rate is low, it could mean that your customers are not satisfied with your product or service and are looking for alternatives. By identifying these areas, you can make changes to improve your product or service and retain more customers.

When Is It Valuable To Calculate Gross Logo Retention Rate?

Calculating gross logo retention rate is valuable for any business, but it's especially important for businesses that rely on repeat customers. For example, if you run a subscription-based business, your gross logo retention rate is a key metric that can help you understand how well your business is performing. If your gross logo retention rate is low, it could mean that your customers are not satisfied with your product or service and are looking for alternatives.

Calculating gross logo retention rate is also valuable for businesses that are looking to grow. By understanding how many customers are staying with your brand over a given period of time, you can identify areas where you need to improve your product or service to retain more customers. This can help you grow your business and increase your revenue over time.

In conclusion, calculating gross logo retention rate is an important metric for any business. It helps you understand how many customers are staying with your brand over a given period of time and can help you identify areas where you need to improve your product or service. By using Sage 50, you can easily calculate your gross logo retention rate and use this information to grow your business.

How Do You Calculate Gross Logo Retention Rate in Sage 50

Sage 50 itself isn’t naturally geared towards letting you calculate complex metrics like Gross Logo Retention Rate. As an alternative, teams typically use products like Arithmix to import data from Sage 50 and build out dashboards.

What is Arithmix?

Arithmix is the next generation spreadsheet - a collaborative, web-based platform for working with numbers that’s powerful yet easy to use. With Arithmix you can import data from systems like Sage 50, combine it with data from other systems, and create calculations like Gross Logo Retention Rate.

In Arithmix, data is organized into Tables and referenced by name, not by cell location like a spreadsheet, simplifying calculation creation. Data and calculations can be shared with others and re-used like building blocks, vastly streamlining analysis, model building, and reporting in a highly scalable and easy to maintain platform. Data can be edited, categorized (by dimensions) and freely pivoted. Calculations are automatically copied across a dimension - eliminating copy and paste of formulas.

Arithmix is fully collaborative, giving your entire team access to your numbers and the ability to work together seamlessly.

Calculating Gross Logo Retention Rate in Arithmix

Calculating metrics like Gross Logo Retention Rate is simple in Arithmix. Once you've created your free account, you’ll be able to import your Sage 50 data, and use it to create natural language formulas for metrics like Gross Logo Retention Rate.

Arithmix is designed to give you the power to build any calculations you want on top of your Sage 50 data, while also being easy to use and collaborate on. You can share your dashboards with users inside and outside of your organisation, making it easy to empower your whole team.