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SOLUTIONS


Renewals


Renewals

SOLUTIONS

Renewals teams are expected to do more than secure renewals on time. They orchestrate the renewal experience to ensure renewals are captured at full value with expansion. To do this, they need to proactively identify and prevent churn, while finding opportunities for expansion. Outcome-Based Scoring helps identify churn risks and potential expansion opportunities, enabling renewals teams to tailor their strategies, address customer concerns, and maximize the value of each renewal cycle, leading to stronger, more profitable customer relationships.

Information might be siloed across different platforms, leading to incomplete insights for renewal decisions.

PROBLEM

Without accurate, real-time data, it's difficult to track and assess a customer's satisfaction and likelihood to renew.

PROBLEM

Without proper forecasting tools, it's hard to predict renewals and manage churn.

PROBLEM

Consumption Forecast

For companies with consumption-based pricing, accurate consumption tracking and predictive forecasting are critical for their business. Some companies have the instrumentation to auto-charge customers as they exceed their contracted capacity, but many companies rely on reporting to identify consumption and try to determine which customers will over or under-consume by their renewal date. The Reef Consumption Forecast model tracks consumption, provides a consumption forecast at renewal expiration, and calculates the revenue impact of over and under-consumption.

TARGET REVENUE OUTCOME

CUSTOMER TARGETS

SAMPLE MODEL INPUTS

Generate accelerated ARR growth by predicting over-consumption and actioning it early. Prevent churn risk from under-consumption

All customers with a specific consumption product or products

Account, Opportunity/Contract, Product, Consumption, Support, Marketing


Product Downgrade Prevention

Some companies don’t have a full churn problem, but struggle with partial churn or downgrades of specific products. Reef optimizes models that consider the nuance of downgrades and revenue contraction to predict these downgrades and alert the right team member 6-9 months in advance of renewal, while there’s still time to change the outcome.

TARGET REVENUE OUTCOME

CUSTOMER TARGETS

SAMPLE MODEL INPUTS

Protect renewal revenue for accounts with the highest probability to downgrade a purchased product

All customers with a specific product

Account, Opportunity/Contract, Product, Support


Customer Churn Prevention

While many companies have moved towards churn prediction models, Reef automates recommendation delivery, keeps the model up-to-date, and continuously improves the model over time. Our Churn Prediction model allows you to engage at-risk customers 6-9 months in advance to mitigate churn risk and defend revenue. CSMs and Renewal Managers receive early warnings about potential churn, allowing for preemptive action.

TARGET REVENUE OUTCOME

CUSTOMER TARGETS

SAMPLE MODEL INPUTS

Identify accounts with the highest probability for churn over the next 6 months

All customers (all annual contract clients)

Account, Opportunity/Contract, Product, Support


Competitive Churn Prevention

Competitive losses can be debilitating for a business and can drain revenue and morale. Reef’s Competitive Churn Blocker Model analyzes previous competitive losses to identify current customers that are most likely churn to a competitor. Reef alerts your team when it identifies customers at-risk for competitive threats so your team can engage proactively.

TARGET REVENUE OUTCOME

CUSTOMER TARGETS

SAMPLE MODEL INPUTS

Protect renewal revenue for accounts with the highest probability to switch to a competitor

All customers with a specific product

Account, Opportunity/Contract, Product, Support, Marketing


READY TO GET STARTED?

Unlock the full potential of your customer data with Reef's AI-powered Outcome-Based Scoring!

Cross-sell With Renewal

The Cross-sell with Renewal model enables you to find the best customers to target for successful product cross-sells at the time of renewal. The cross-sell model isolates the customers statistically most likely to purchase the new product by analyzing previous cross-sells and identifying targets that are likely to create more pipeline plus convert and close at a higher rate. Reef equips your Sales and Account Management teams to proactively target customers with the right messaging leading up to their renewal date.

TARGET REVENUE OUTCOME

CUSTOMER TARGETS

SAMPLE MODEL INPUTS

Generate incremental pipeline and revenue for accounts with the highest propensity for product cross-sell expansion

All customers (all annual contract clients) without a specific product (or products) with an upcoming renewal

Account, Opportunity/Contract, Product, Marketing


Upsell With Renewal

For many companies, meaningful revenue growth comes from increasing the volume purchased or uplifting pricing for services and products of existing customers. Reef’s Upsell with Renewal Model analyzes customers to identify which customers are statistically most likely to upsell at the time of their renewal, based on the behaviors of other customers that were upsold to during their renewals. Reef enables your Sales and Account Management teams to proactively target customers with the right messaging leading up to their renewal date.

TARGET REVENUE OUTCOME

CUSTOMER TARGETS

SAMPLE MODEL INPUTS

Generate incremental pipeline and revenue for accounts with the highest propensity to purchase more volume as part of an upcoming renewal cycle

All customers (all annual contract clients) with an upcoming renewal

Account, Opportunity/Contract, Product, Support


Reach out to our sales team for a demo today

Ready to get started?

Reach out to our sales team for a demo today

Ready to get started?

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