Net Dollar Retention (NDR)
NDR, also known as net revenue retention, measures the revenue retained from existing customers, accounting for both expansion and churn.
Retention refers to the ability of a business to retain its customers over a specific period. It is a critical metric for customer loyalty and customer retention strategies' success.
NDR, also known as net revenue retention, measures the revenue retained from existing customers, accounting for both expansion and churn.
Gross retention, or gross dollar retention, measures the percentage of revenue a company can retain from existing customers.
Revenue recognition is recording and reporting revenue in a company's financial statements. It involves determining when revenue should be recognized...