Automated revenue leakage protection across lead-to-cash cycle through proactive controls and smart signals
xfactrs, an AI-based decision intelligence platform for subscription businesses, today announced the launch of its platform that detects revenue, cost, and opportunity leakage in the lead-to-cash lifecycle and proactively sends signals to enable corrective actions.
The subscription business economy is growing rapidly and is assessed to reach $1.5 T globally by 2025. The subscription industry is extremely dynamic and the impact of incongruent business processes and supporting systems leads to revenue leakage, declining customer experience, and a compromised ability to make sound decisions as a result of incorrect or obscured predictions and projections. Organizations are manually pulling the data from disparate systems, such as CRM, Billing, Contract Management, MIS and other financial systems, to make data-based analyses.
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xfactrs integrates the silos of the current ecosystem (from CRM to Financial) to create a common stream of subscription lifecycle data, learns from the existing data points using data observability, ML and AI, applies the pre-loaded benchmark KPIs of the subscription industry and your business domain, and then proactively gives real-time business signals to make the right decisions and deliver incredible value to customers.
Ravin Checker, Founder & CEO, xfactrs, said, “The day when all businesses will adopt a subscription model is not far away. As a person committed to the subscription industry evolution for the last three decades, this is extremely exciting. The return from a well-executed subscription model is huge, but lack of proper preparation and understanding can derail it. xfactrs is built with the sole intent of enabling all businesses to thrive in the subscription industry. The platform is evolving rapidly and currently has the largest number of assurance areas across the lead-to-cash cycle for subscription businesses. The successful implementation with C Spire gives us the confidence that organizations of any size and vertical can benefit from xfactrs.”