Renewal Workflow Automation
Overview
Challenges
Summary
Included in the full report
Shift to Subscription Models:
The majority of technology companies have transitioned to recurring revenue, with SaaS companies seeing over 94% of their revenue from subscriptions.
Customer Success Growth:
More than 70% of industry companies now have customer success organizations to drive adoption, expansion, and renewals, highlighting the shift in focus from one-time sales to ongoing customer engagement.
Renewal Workflow Challenges:
Companies struggle with complex data management and the need for a unified renewal workflow, often prioritizing new sales over renewal automation initiatives.
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Dom Hasler
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