Renewal Bookings

What are Renewal Bookings in a SaaS business? Renewal Bookings typically refers to the portion of bookings attributed to existing contracts. The Renewal Bookings is usually taken at the time of the effective renewal date, but might be taken as of the renewal order date (date the renewal order is received or legally binding in…

SaaS Renewal Rate

What is SaaS Renewal Rate? SaaS Renewal Rate is measure of retention. Renewal rate is expressed as a percentage.Renewal Rate can mean different things to different people. For instance: Customer Renewal Rate is a rate of renewal of customers, typically using a count of customers that cancelled and those that did not Revenue Renewal Rate is…