How To Calculate Group Monthly Active Users in PeopleSoft | Arithmix

Calculating group monthly active users is a valuable metric for any organization that wants to understand how engaged its users are. This metric provides insight into how many users are actively using a particular product or service over a specific period of time. In this article, we will discuss what group monthly active users are, why they are valuable to calculate, and how to calculate them.

What Is Group Monthly Active Users?

Group monthly active users are the number of unique users who have interacted with a particular product or service within a given month. This metric is often used to measure the engagement of users with a particular product or service. It is calculated by counting the number of unique users who have performed a specific action within a given month.

For example, if you have a website that offers a subscription service, you might want to calculate the group monthly active users to understand how many people are actively using your service. You could count the number of unique users who have logged in to their account, viewed content, or interacted with other users within a given month.

When Is It Valuable To Calculate Group Monthly Active Users?

Calculating group monthly active users is valuable for any organization that wants to understand how engaged its users are with a particular product or service. This metric can help you identify trends in user behavior and determine whether your product or service is meeting the needs of your users.

For example, if you notice a decline in group monthly active users over time, it might be an indication that your product or service is no longer meeting the needs of your users. On the other hand, if you see an increase in group monthly active users, it might be a sign that your product or service is gaining traction and becoming more popular.

How To Calculate Group Monthly Active Users

Calculating group monthly active users is a relatively simple process. To calculate this metric, you will need to identify the specific actions that you want to track and count the number of unique users who have performed those actions within a given month.

For example, if you want to track the number of unique users who have logged in to their account within a given month, you would count the number of unique user IDs that have been recorded in your system for that month. You could also track other actions, such as the number of unique users who have viewed content or interacted with other users.

Once you have identified the specific actions that you want to track, you can use a variety of tools to calculate the group monthly active users. Many analytics platforms offer built-in tools for tracking user engagement, such as Google Analytics or Mixpanel. You can also build your own tracking system using custom code or third-party tools.

Overall, calculating group monthly active users is a valuable metric for any organization that wants to understand how engaged its users are with a particular product or service. By tracking this metric, you can identify trends in user behavior and make data-driven decisions to improve your product or service.

How Do You Calculate Group Monthly Active Users in PeopleSoft

PeopleSoft itself isn’t naturally geared towards letting you calculate complex metrics like Group Monthly Active Users. As an alternative, teams typically use products like Arithmix to import data from PeopleSoft 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 PeopleSoft, combine it with data from other systems, and create calculations like Group Monthly Active Users.

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 Group Monthly Active Users in Arithmix

Calculating metrics like Group Monthly Active Users is simple in Arithmix. Once you've created your free account, you’ll be able to import your PeopleSoft data, and use it to create natural language formulas for metrics like Group Monthly Active Users.

Arithmix is designed to give you the power to build any calculations you want on top of your PeopleSoft 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.