How to use your Stripe finance metrics

How to use your Stripe finance metrics?

If you run an online business, you will sooner or later come to the point where you have to have a way to accept payments. After all, businesses are about making money! It is not the sole reason, of course, but we can’t deny that it’s about money. So how to start accepting payments? Stripe is a great way to do it. It is a company operating in over 25 countries which allows individuals and businesses to accept online payments. Stripe also provides a great set of metrics that you can use for monitoring your billing and finance. Which is why Octoboard has launched dashboards and templates for Stripe!

Monitoring your finance metrics is one of the most important things for your business development. Stripe allows you to have the data and we at Octoboard enable you to have a whole use of that data by visualizing it in beautiful dashboards! Given in a simple manner, data turn into insights that help you make right business decisions.

Why do I use Stripe dashboard?

We have chosen to integrate with Stripe for several reasons. It is a service that takes security very seriously, which is of utmost importance when dealing with money. Its API is clean, well documented, and very easy to use. Stripe values data portability. It has great customer service. For all those reasons, Stripe has a lot of clients. And we at Octoboard understand that all those thousands of clients need their finance metrics at hand to be able to have all the up-to-date information they need. Which is exactly what we provide.

Octoboard dashboards for Stripe allow you to monitor revenue (recurring and by product), customer growth, pricing analysis, latest transactions and failure causes, fees and charges, and more. And you should definitely monitor them! Smart businesses use this information to adjust their strategy so that it leads them to success.

Set up your Octoboard dashboard in just 3 minutes and start monitoring your finance metrics!

Here’s how you Stripe Revenue dashboard can look like:

stripe finance metrics REVENUE

All the metrics are presented in a way that even a non-specialist will be able to make sense of it.

You can group your metrics differently to have more data in one dashboard:

stripe finance metrics ALL

Or you can focus on your Plans and Customers:

stripe finance metrics PLAN&CUSTOMERS

Or again combine it with Revenue metrics:

stripe finance metrics CUSTOMERS&REVENUE

As you can see, there are different ways you can present your data. All the dashboards can be presented on a company monitor so that all the members of the team (or, in some cases, certain members of your team) can see finance metrics in real time to understand your goals, perhaps some weak points so as to make right decisions in future.

Final words

Data presented in metrics for different areas of your business is a great tool for a business. Visualized data helps managers on different levels to see the picture of your business clearly and start fine-tuning the strategy to lead your business to success. You can find the full list of Octoboard integrations here.