You can understand about Service Revenue Analytics
Service revenue analysis provides a comprehensive overview of the total revenue generated by all Services. Companies leverage this information to identify opportunities for increasing revenue with minimal effort. By analyzing service revenue, businesses can pinpoint top-selling products or services and areas that require improvement. Additionally, these analyses enable companies to monitor their progress by comparing recent revenue data to previous quarters or years.
Service Revenue analytics offers a streamlined approach to analyzing streaming data, extracting actionable insights, and promptly addressing business and customer needs. This tool is instrumental in evaluating data related to Services and facilitating the identification of new services for upselling that were not offered in the previous year. Moreover, it enhances productive and engaging communication with customers.
Service Revenue Analytics is designed to present below KPIs and Insights
| KPI | Insights |
| Total Revenue | All Status | You Will Know The Total Revenue From All The Services. |
| Revenue | Approved Services | Total Services revenue that are in approved status. |
| Revenue | Not Approved Services | Total Services revenue that is in the not approved stage. |
| Revenue | Scheduled Services | The Service Scheduled Metric Displays All Scheduled Services Revenue Within The Range, Based On Selected Date. |
| Revenue | Invoiced Services | Total Services revenue that is Invoiced during a specific period of time. |
| Revenue Pipeline by Service Type | Understand About Offered Service(S) Revenue By Service Type. |
| Revenue Pipeline by Service Status | Understand About Offered Service(S) Revenue By Service Status. |
| Revenue from Services Overtime | This visualization to understand the total services revenue irrespective of service status for the selected date period. Total Service revenue is by Week/Month/Year based on the selected date range and base period. |
| Revenue by Services | Top 5 | Understand about the Offered Service(S) and the revenue that contributed most to Company Sales. |
| Revenue by Services Invoiced | Top 5 |
Insight to understand your top 5 services its revenue based on total revenue that is accepted (Except Not Approved, Pending). |
Revenue by Services Not Approved | Top 5 |
Insight to understand your top 5 services that are not approved based on total revenue. |
| Revenue by Service Category | Top 5 |
It is useful to know the revenue of services by their service category. |
| Revenue by Service Category Not Approved | Top 5 |
This visualization is used to show the total revenue of the services not approved by the service category for a certain date range. |
| Revenue by Service Category Invoiced | Top 5 |
This visualization is used to show the total revenue of the services accepted (Except for Not Approved or pending) by the service category for a certain date range. |
| Service Revenue Report |
The Report displays all the service names, total services and total accepted and total not approved, as well as total renewal, total cost, followed by total gross profit. |
Computed fields
Here are the business constraints that are applied.
- All the Metrics are calculated for the applied date range filter.
Filters
Using filters you can analyze by applying various search criteria, here are the available filters:
Service Category → Job → Service Name → Job Status → Service Status → Service Type → Salesperson → Crew → Renewal
Importance of Service Revenue Analytics & Benefits
- Service Revenue analytics assists managers in making informed decisions to achieve the overarching goal of revenue growth through strategic pricing of services.
- It is essential to maintain effective communication within your team and ensure visibility by utilizing Service Revenue to track service opportunities. This will enhance your awareness of each phase of the service process.