How To Calculate Group Monthly Active Users in Workday | Arithmix

Calculating Group Monthly Active Users is an important metric for any organization that wants to track the engagement of its users. This metric helps organizations to understand how many users are actively using their products or services on a monthly basis. In this article, we will discuss what Group Monthly Active Users are, when it is valuable to calculate them, and how to calculate them.

What Is Group Monthly Active Users?

Group Monthly Active Users is a metric that measures the number of unique users who have interacted with a product or service within a given month. This metric is used to track the engagement of users and to understand how many users are actively using a product or service on a monthly basis. Group Monthly Active Users can be calculated for any product or service that has user interaction, such as a website, app, or social media platform.

Group Monthly Active Users is different from Daily Active Users, which measures the number of unique users who have interacted with a product or service within a given day. Group Monthly Active Users provides a more comprehensive view of user engagement over a longer period of time.

When Is It Valuable To Calculate Group Monthly Active Users?

Calculating Group Monthly Active Users is valuable for any organization that wants to track the engagement of its users. This metric can be used to understand how many users are actively using a product or service on a monthly basis, which can help organizations to identify areas for improvement and to make data-driven decisions.

Group Monthly Active Users is particularly valuable for organizations that offer subscription-based products or services. By tracking the engagement of users over time, organizations can identify trends and patterns in user behavior, which can help them to improve their products or services and to retain customers.

How to Calculate Group Monthly Active Users

Calculating Group Monthly Active Users is a simple process. To calculate this metric, you need to count the number of unique users who have interacted with a product or service within a given month. This can be done using a variety of tools, such as Google Analytics or other analytics platforms.

Once you have counted the number of unique users who have interacted with a product or service within a given month, you can calculate the Group Monthly Active Users by dividing this number by the total number of users who have interacted with the product or service over the same period of time. This will give you a percentage that represents the engagement of users over a given month.

For example, if you have 1,000 unique users who have interacted with a product or service within a given month and a total of 10,000 users who have interacted with the product or service over the same period of time, your Group Monthly Active Users would be 10%.

In conclusion, calculating Group Monthly Active Users is an important metric for any organization that wants to track the engagement of its users. By understanding how many users are actively using a product or service on a monthly basis, organizations can identify areas for improvement and make data-driven decisions. Calculating Group Monthly Active Users is a simple process that can be done using a variety of tools, and is particularly valuable for organizations that offer subscription-based products or services.

How Do You Calculate Group Monthly Active Users in Workday

Workday 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 Workday 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 Workday, 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 Workday 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 Workday 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.