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Baremetrics

Score10 out of 10

4 Reviews and Ratings

What is Baremetrics?

Baremetrics headquartered in San Francisco provides metrics, forecasting, analytics, insights and engagement tools for teams using Stripe, Braintree, Chargify, Recurly, that provides business metrics like MRR, LTV, and subscription Churn.

Categories & Use Cases

Have your SAAS metrics laid bare with Baremetrics

Pros

  • The failed payment recovery tool, Recover, works really well and has earned back its price many times over.
  • Drilling down on any metric is easy and provides configurable trendlines to see progress.
  • Benchmarking against other businesses in similar revenue tiers is really satisfying.

Cons

  • Metrics could be refreshed more frequently.
  • Forecasting doesn't allow for much configuration or changing of conditions.
  • It would be nice to consolidate plans that are essentially the same.

Return on Investment

  • Using the Recover tool to follow up on delinquent and failed charges has paid for itself over 5 times.

Alternatives Considered

ProfitWell

Other Software Used

Heroku Platform, AWS Lambda, Amazon CloudFront

Simple and powerful SaaS metrics

Pros

  • Simplifies recurring revenue tracking
  • Calculates common metrics
  • Allows us to track our changes to our products and marketing against metrics

Cons

  • Tracking of Stripe Connect transaction fees

Return on Investment

  • What gets measured gets managed, so BM keeps us accountable

Alternatives Considered

ProfitWell

Great dashboard for business health and churn reduction

Pros

  • Clean UI
  • Accurate metrics
  • Great user experience

Cons

  • In the early days, they weren't as accurate but they are very accurate and consistent now
  • It's kind of expensive for mostly just being reports from Stripe
  • I wish we could roll our reports up under a single dashboard

Return on Investment

  • Helps team stay on top of KYC initiatives
  • ROI for dunning is great
  • Helps team stay motivated by giving easy access to reports

Alternatives Considered

ProfitWell