10 Best Baremetrices Alternatives & Competitors
As businesses worldwide are shifting towards the subscription-based model rather than the traditional payment model, choosing a platform for all the analytics and metrics is very important. The subscription-based model allows businesses to increase their revenue and offer more services to users. Baremetrics is a tool that provides real-time data to companies using the subscription-based model for their SaaS products, including metrics and analytics on revenue, customers, financial data, alerts, insights, and integrations with different payment services. However, other options exist; different businesses have unique needs according to their budget or requirements for additional features. In this article, we will explore alternatives to Baremetrics, highlighting their features and finding the one that suits you.
Alternatives of Baremetrics
1. ProfitWell by Paddle
ProfitWell, a standout alternative to Baremetrics, is a free tool that provides businesses with accurate and accessible revenue reports for subscriptions and SaaS companies. Trusted by over 30,000 companies, including Canva, GitLab, and Notion, ProfitWell helps businesses understand their metrics and grow their subscription business.
Here are some features of ProfitWell
- Revenue Reporting: It helps the business to get a structured view of its metrics which includes all the top subscriptions and metrics such as monthly recurring revenue, active customers, customer lifetime value, revenue per customer, etc.
- Multiple Payment Platforms: It can easily integrate with the business’s current payment stack, such as Stripe, Zuora, Braintree, etc., with just one click. It also makes historical and current data visible on the dashboard in real-time.
- Analysis: ProfitWell analyzes user engagement and helps the business gain insights about customers, such as trends in user engagement. It also targets loyal users with cross-upsells and other services.
- Customer Health: It also sends alerts to the business by comparing customer activity across different plans, giving instant alerts if customers are on the verge of risk. It also provides feedback and support, such as targeted user offers.
- Comparison: Business can compare their performance against 30,000 subscriptions and identify the growth trends using advanced segmentation.
- Pricing: ProfitWell is free for the business to use.
2. MRR.io
MRR.io is another alternative to Baremetrics. It helps businesses track their monthly subscription revenue. It provides many features for tracking revenue and services provided by the business.
Here are some features of MRR.io
- Monthly Recurring Revenue: MRR.io helps users get the analytics and metrics of the monthly recurring revenue of the product or services.
- Interactive Dashboard: MRR.io provides an interactive dashboard for businesses to check their net revenue, gross revenue, annual run rate, paying customers, etc., which allows businesses to reform their subscriptions and products for better outcomes.
- Integration: It offers a Stripe and Paddle payment processor, so businesses can easily connect their payment processor with the tool to get all the metrics and analytics on time.
- Cohort Analysis: This type of analysis allows businesses and researchers to study the characteristics and behavior of a group of people. MRR.io offers the analysis of different cohorts. This helps the business understand the different groups of people using their services, which leads to product development.
- Additional Features: It provides the business with additional features, such as metric forecasts, multiple data sources, and advanced email reports.
- Pricing: MRR.io offers two different plans. Start with the basic plan, which is free, and the second is Pro, which starts at $19/month and has a 30-day trial.
3. Putler
Putler is a tool that helps the business monitor, analyze, and grow. It allows businesses to combine all their stores, payment gateways, and Google Analytics in a single app.
Here are the features of Pulter
- Integrations: Putler offers 17 different integrations to the business, such as e-commerce, analytics, email marketing, and API.
- Payment Gateways: It offers a lot of payment gateways for businesses such as PayPal, Stripe, Braintree, etc.
- Data Metrics: It offers 200+ ready metrics and advanced eCommerce reports, historical data analytics, product analytics, sales velocity, visitor and traffic analysis, Weekly email reports, etc.
- Refund Management: Putler helps businesses search, refund, and manage orders instantly. It also helps to manage refund issues and users’ subscriptions.
- Business Intelligence: It provides the segmentation to the business based on location, pricing, customer behavior, etc. It also predicts and plans the future of customers to run offers.
- Pricing: It offers a 14-day free trial to the business and mainly offers two plans: Starter, which costs $20/month, and Growth, which costs $50/month. It also offers a custom plan that fits the business’s revenue and needs.
4. ChartMogul
ChartMogul is a tool that helps the B2B SaaS for CRM and subscription analytics. Used by more than 2500+ Saas businesses, such as teamwork.com, Pitch, Buffer, etc., it helps the business boost sales and accelerate their growth.
Here are the features of ChartMogul
- CRM(Customer relationship management): ChartMogul helps businesses manage leads and opportunities and track sales performance. It also helps businesses increase growth by improving their sales processes.
- Subscription Analytics: With over 2,500 SaaS customers, ChartMogul has tracked over 160 M transactions and analyzed over a billion transactions. It helps the SaaS business gain analytics and metrics on users’ subscriptions.
- Integrations: ChartMogul offers various integrations, including billing apps such as Stripe and Chargebee, data exporting tools such as Google Cloud Storage and Snowflake, and customer enrichment apps.
- MRR(Monthly Recurring Revenue): ChartMogul offers MRR analytics to the users by analyzing the cohorts, historical data, transactions, etc.
- Data analytics: It analyses trends by scanning the latest data and historical performance and gives companies a better idea of users.
- Pricing: ChartMogul’s paid plan starts at $99/month with a free trial period. It also provides a tailored enterprise plan for the brands.
5. ChargeBee
ChargeBee is an alternative to Baremetrics, which helps businesses manage their subscriptions. It is a Revenue Growth Management platform for acquiring, growing, and managing customers. Available in more than 227 countries, it is trusted globally by more than 65,000 merchants, such as Link Tree and Toyota.
Here are the features of ChargeBee
- Billing: ChargeBee helps businesses manage their subscriptions, billing, and invoicing at scale.
- Revenue Recognition: ChargeBee helps the business manage its finances by complaining about all the data and reports.
- Retention: It helps the business reduce churn and design strategies to grow the lifetime value of customers.
- Payment Gateway: ChargeBee supports more than 30 payment gateways and 100 currencies, making it easy for customers to pay.
- Analytics: It helps the business get complete analytics with insight-driven and interactive dashboards.
- Integrations: ChargeBee can easily integrate with different tools such as payments, ERP and accounting, CRM and Warehouse, etc.
- Pricing: ChargeBee offers three different pricing options: “Starter,” which is a free plan for early-stage startups; “Performance,” which costs $599/month; and a customized enterprise plan for large businesses according to their needs.
6. Maxio
Maxio manages the billing and financial operations for B2B SaaS. Trusted by well-known brands such as Sendspark, Stack Overflow, etc., it automates billing, subscription management, collections, and reports.
Here are the features of Maxio
- Subscription billing: Maxio allows businesses to manage recurring billing models, enabling them to form billing scenarios quickly. Whether it is customization in the offer or a flexible pricing option, it manages everything. It also analyzes business performance and generates reports.
- Billing portal: It helps the business host Maxio’s billing portal without writing a single line of code. The portal allows subscribers to manage their credit cards and upgrade and downgrade plans.
- Revenue Management: It manages all the operations of collections, payments, revenue, invoices, and deposits by making the entire process automatic and robust.
- Payment gateways and Integrations: It supports over 20 payment gateways, such as Stripe and Paypal, and integrates with different tools, such as Hubspot, AWS, Zapier, etc.
- Pricing: Maxio offers a base pricing of $599/month and a custom plan for the business.
7. Adapty
Adapty is a revenue management platform specially designed to manage the revenue of mobile apps. It helps companies add in-app purchases and scale their business. Used by over 7,000 apps worldwide, it mainly offers the SDK(software development kit)for different platforms such as Swift, Kotlin, Flutter, and more, which businesses can easily integrate into their apps. The platform has tracked $1 billion in revenue and has outstanding numbers in the industry.
Here are the features of Adapty
- Real-time Subscription: It helps the business know the actual time subscriptions or purchase metrics in the app, which include the numbers, graphs, churn rate, etc.
- A/B Testing: It allows the business to perform A/B testing, which helps the business compare two versions of the apps in terms of performance and visual appeal.
- No-code tool: It helps businesses build beautiful paywalls for iOS, Android, Flutter, and React without writing a single line of code.
- Integrations: Adapty easily integrates analytics, payment, and ad services.
- Analytics: It provides various analytics to the business, such as revenue and customer lifetime value, and predicts outcomes and the future with the help of artificial intelligence.
- Pricing: Adapty charges the pricing according to the company’s revenue, freeing up to $10K. They offer two paid plans: Pro, which costs 1% of the revenue(minimum $99/month), and Pro+, which costs 1.2% (minimum $499/month).
8. Airis
Airis is a tool that helps businesses analyze customer data with artificial intelligence.
Here are the features of Airis
- Data Loader: Airis is a real-time intelligent customer data platform that helps businesses in CRM, databases, and warehouses. It collects all the data and creates a holistic view of customers based on their buying groups.
- Track the interaction: It tracks the customers in real-time across the web, mobile, and cloud servers to get insights about them.
- Interactive Dashboard: It collects your data from the different channels and provides the business with 360 details of each customer. This helps the business understand the customers’ behaviors at the micro level. It also designs reports and graphs from all the data collected visually appealingly.
- Prediction: With the help of advanced machine learning frameworks, it analyzes all the customers’ data to predict their behavior.
- Pricing: It offers three plans: Free Core plan; Startup, which costs $349/month; Pro, which costs $999/month; and a tailored enterprise edition plan.
Baremetrices Alternatives & Competitors: Conclusion
As businesses continue to embrace the subscription-based model, the importance of robust analytics and metrics tools cannot be overstated. While Baremetrics has been a popular choice for many companies, the alternatives explored in this article offer a range of features and pricing options that cater to diverse business needs. From ProfitWell’s free comprehensive revenue reporting to MRR.io’s focus on monthly recurring revenue and from Putler’s all-in-one monitoring solution to ChartMogul’s B2B SaaS specialization, each tool brings unique strengths to the table. As the subscription economy evolves, these tools will likely adapt and improve, offering even more sophisticated features to help businesses thrive in this competitive landscape. Regular reassessment of your analytics and metrics tools can ensure that your business stays ahead of the curve and makes data-driven decisions to fuel growth and success.