RMR Tracking Report - Summary by Service Codes

Overview

The RMR Tracking report now gives you a snapshot of your Recurring Monthly Revenue Total and a Summary by Service Codes, providing valuable insights into your revenue breakdown.

What's New?

When you run the RMR Tracking Report, the final page of the report will now give you a complete breakdown of all the Recurring Charges Service Codes used within the specified timeframe.

Understanding the Report Summary

The summary page displays three key revenue metrics for each Service Code:

Ending RMR

• Definition: Active recurring revenue that has already been invoiced
• What it shows: Current billed recurring charges
• Use for: Understanding your invoiced revenue by service type

Future RMR

• Definition: Active recurring revenue that has yet to be invoiced
• What it shows: Scheduled recurring charges not yet billed
• Use for: Forecasting upcoming revenue by service type

Total Active RMR

• Definition: The sum of Ending RMR + Future RMR
• What it shows: Complete picture of all active recurring revenue
• Use for: Overall revenue analysis by service type

Benefits

The Service Code summary provides:

• Revenue Breakdown - See which services generate the most recurring revenue
• Better Forecasting - Understand both billed and upcoming revenue
• Service Analysis - Identify your most profitable service types
• Business Planning - Make informed decisions based on revenue composition
• Performance Tracking - Monitor how different services contribute to total RMR

How to Use This Information

Running the Report

1. Navigate to the RMR Tracking Report
2. Select your desired timeframe
3. Run the report
4. Review the summary on the final page

Analyzing Your Results

Use the Service Code breakdown to:

• Identify top revenue generators - Which services bring in the most RMR?
• Spot trends - Are certain services growing or declining?
• Plan service offerings - Should you expand or modify specific services?
• Set sales goals - Focus on high-value service types
• Compare periods - Run reports for different timeframes to see changes

Practical Applications

For Sales Teams

Use the data to understand which services to emphasize when selling to new customers or upselling existing accounts.

For Management

Gain insights into your business composition and make strategic decisions about service offerings.

For Financial Planning

Forecast future revenue more accurately by understanding both invoiced and future RMR by service type.

For Operations

Identify which services require the most resources relative to revenue generated.

Report Tips

• Run regularly - Compare month-over-month or year-over-year trends
• Review all three metrics - Don't just focus on one revenue type
• Export data - Use the breakdown for presentations or additional analysis

Need Help?

Still have questions? Contact Cornerstone Holding Co. 847-405-9517 or email us customer.success@alarmbills.com