PRZOOM - /newswire/ -
Durham, NC, United States, 2016/06/23 - Cloud-based business analytics platform, Factivate, releases the last spreadsheet a SaaS Entrepreneurs will ever need to helps startups reduce their risk of failure with automated reports, structured KPIs, and real time data awareness.
92% of businesses that track real time data meet or exceed their goals. For a SaaS startup, with limited resources, real-time data is hardly ever tracked and can mean the difference between success and failure. Cloud-based business analytics platform, Factivate, is releasing their SaaS Analytics spreadsheet template to help startups exceed their goals while increasing their ability to run an efficient company and attract outside capital.
Factivate Co-founder and CEO, Juan Porras, mentioned that their "goal with the new SaaS Analytics template was simple: create a structure that (within three clicks) can immediately help SaaS startups increase their chances of success. By managing an entire business within one automated tool and reducing all reporting needs, a startup can focus on data analysis and make intelligent, informed decisions in real time.”
The spreadsheet designed exclusively for SaaS entrepreneurs has the power to pull data from a number of sources like Google Analytics, Social Media Insights and payment processing platform Stripe to analyze an array of business metrics within the context of a single online spreadsheet. With key customer insights related to marketing, advertising, and sales, as well as example financial models and investor reporting dashboards, Factivate’s spreadsheet for SaaS startups and entrepreneurs provides an in-depth and all-encompassing view of a business' performance. Factivate’s SaaS spreadsheet boasts a number of automatically calculated and always up-to-date key performance indicators (KPIs) critical to the growth and success of any subscription-based business. Factivate's template not only helps entrepreneurs run the company efficiently, it also helps with investors.
“We’re excited to share this template with SaaS entrepreneurs because of the positive impact it can have with potential investors", said Porras. "By using our collaboration features, startups can share investor-specific tabs with potential and current investors and provide a transparent, real-time, view of the business that can be accessed 24 x 7. This access can immediately increase investor confidence in the entrepreneur, improve conversational depth between investor/startup, and greatly reduce due diligence requests and responses between both parties.”
Factivate’s service is the first of its kind to offer a customizable, automated, high-powered set of (KPIs) and reports in the form of a cloud-based spreadsheet accessible by multiple users within the same company that requires no custom programming.
Factivate (factivate.com) is a software company part of the Google for Entrepreneurs community in Durham, NC. Currently in Private Beta, Factivate provides business users with a cloud-based data analytics platform that can sync with different online tools to create automated, real-time spreadsheet reports and web dashboards with just-in-time business reactions. The result of our intelligent spreadsheet is accurate data analysis that drives better business decisions while reducing manual spreadsheet report time and errors by a factor of 150+ hours/employee/year. Factivate requires no learning curve or programming knowledge. In sharp contrast to the complex and expensive business intelligence tools on the market today, if you know spreadsheets, then you know 95% of what you need to use Factivate we’ve got the rest covered.