3 min read

If Your SaaS Business Is Leaking Revenue, Here Is How to Stop It

By Petri Takala on Feb 22, 2022 8:45:00 AM

You might not be aware, but according to EY* it is estimated that businesses leak about 1-5% of their EBITDA in revenue. Just like with any leak, it goes unnoticed but could lead to structural damage. Only 10% of revenue leakage could lead to 30% lower profits.
For companies in SaaS and recurring revenue, that can potentially mean structural damage in the business. In this blog, we will discuss why it is crucial to look at revenue leakage, and how to solve it.

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4 min read

When Billing Hurts Your Business

By Petri Takala on Dec 14, 2021 11:50:47 AM

Billing Might Hurt Your Business

No, we are not talking about receiving an invoice from a supplier. That is what we would call self-inflicted pain. Here we want to talk about the problem when your billing system might hurt your business.

At Good Sign have been working with hundreds of billing professionals to improve their service billing. From these interactions, we see five common problems that can hurt your business, especially in SaaS, subscription, and service billing. We give you the symptoms, the cause, and the remedies to solve these issues.

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2 min read

What Makes Billing Crucial in SaaS

By Petri Takala on Dec 8, 2021 3:37:17 PM

Scaling A SaaS Business Is A Different Ballgame

SaaS is hot, and while the subscription economy is nowadays mainstream, many client companies discover that SaaS business comes with its quirks.

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3 min read

From Traditional Services Billing To A Proactive Process

By Petri Takala on Jan 26, 2021 2:30:00 PM

There is a good chance that billing is considered a routine job in your company, recurring after the end of each month. The process is reactive and consists of repetitive, execution-oriented tasks.

But what if you look at it differently? In this blog, we will explain what treasures you can find, if you transform your billing into a proactive process.
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3 min read

Experts' Advice On Choosing an Agile Billing System

By Marc Wullings on Jan 19, 2021 9:00:00 AM

Agile Billing, The Cornerstone Or Stumbling Block In Your Business Strategy?

We have all discovered the need to quickly adapt to new business models and to pragmatically introduce new ways to deal with sudden events.
 
Often, the billing system turns out to be the stumbling block. For example, your billing system might have been part of an original ERP rollout years ago, and your needs have since changed.
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4 min read

Why Agile Billing Is The Key To Future-Proofing Your Business

By Marc Wullings on Nov 19, 2020 9:11:09 AM

Companies have been confronted with dramatic shifts in demand as Covid-19 has disrupted our lives and our markets. This disruption is felt in the service business, where demand shifts directly impact operations, with far-reaching consequences.

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