SaaS Renewals Terminology

Renewals contribute to the largest amount of recurring revenue for companies operating in the SaaS space, with some vendors saying that renewals can account for up to 90% of their revenue. So staying in the loop in relation to renewals terminology is imperative.

Therefore, I’ve compiled a list of the most popular renewals terms I have heard throughout my time working within the channel space. This will make it easier for you to make the most out of your daily operations, be it conversing with potential clients or in meetings with your team. Don’t be left out, brush up on your renewals expertise!