Monthly ACV Trend

The "Monthly ACV Trend" metric illustrates the progression of the Average Contract Value (ACV) on a month-by-month basis. ACV represents the average revenue generated from each customer contract, typically over a year for subscription-based businesses. By tracking the monthly trends in ACV, organizations can glean insights into the value of their contracts, effectiveness of sales negotiations, and the appeal of their offerings to customers. Monitoring the monthly ACV provides a nuanced view of deal sizes and the ability of a business to upscale its clientele.