We've updated how we manage subscription states to ensure more accurate assessments. Subscriptions that start and cancel on the same day will now be correctly categorized.
This change helps us distinguish between new, existing, and returning subscriptions, primarily when multiple active states exist. These improvements align with Baremetrics' daily granularity, providing more reliable insights into your subscriptions.
We have enhanced our metrics calculation to accurately determine the MRR Growth rate for subscription plans shorter than 30 days. This update ensures precise growth tracking for all subscription durations.
Additionally, we have updated our internal tests to validate these changes, ensuring consistent and reliable metrics data across all subscription periods.
We've refined how we handle subscriptions that use the 'send_invoice' collection method. This update ensures subscriptions reflect accurate information, even when the due date exceeds the current billing period.
This adjustment helps maintain the integrity of subscription data, particularly for annual subscriptions and similar cases. As a result, you'll have a more precise view of your customer subscriptions and their statuses.
You asked, and we answered - Investor Links are here. Generate a time-limited read-only link to allow guests to validate your revenue and subscription data, with all sensitive customer data safely anonymized. Useful for raising capital, selling, or just giving updates to key stakeholders.
To generate your link, head to your Baremetrics settings > Share Metrics
No more app-refreshing madness! Our iOS app now allows you to add Baremetrics widgets to your home screen, lock screen, or today view.
To add a widget, you'll need to update to version 1.0.3!
Available on all iOS devices, including iPhones and iPads. Here’s a sneak peek of how some widgets look:
Up next? We're working on bringing your subscription metrics right to your wrist with upcoming WatchOS support. ⌚
If you have enabled Adaptive Pricing within Stripe, you will be pleased to know that we have upgraded our platform to show your customer's charges in their paid-in currency on their profile. This will help you monitor your customer's activity with greater ease and efficiency. Additionally, the metrics will be reported in your account currency, giving you a clearer view of your financials.
To check out your settings, please visit the data settings page here. We are constantly working to improve our features based on the feedback we receive from you. So, please don't hesitate to let us know your thoughts!
If you create offers within Chargebee (Product Catalog 2.0), sometimes Chargebee will send the plan interval incorrectly.
IE: If you offer an annual plan without a trial, with an introductory offer with a 50% discount. Chargebee presents the plan with a 12-month trial and daily billing. To address this issue, we have introduced a plan "lock" functionality that allows you to lock the previous interval. This will enable our system to accurately track and calculate your subscription charges, making sure that metrics are correct and reliable. Currently, this is a manual process that you will need to request from our Success team. In the future, however, this will be editable in your plan settings👀. If you encounter this issue, please reach out to success@baremetrics.com to request the plan "lock" functionality and to help get started.
We're excited to announce support for non-US multi-currency accounts in Xero. 💼🔥Thanks to this update, customers outside the US will experience much smoother operations and better clarity on your financials within Forecast+.
Looking ahead, we see many possibilities for further enhancing our multi-currency and regional support. We can't wait to explore these opportunities and bring more value to your experience. 🙌
