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Best MRR Calculators for SaaS Businesses – ScaleXP

Compare the best MRR calculators for SaaS businesses and learn how to calculate Monthly Recurring Revenue accurately, every month.

In your SaaS business, Monthly Recurring Revenue (MRR) is used to measure the total predictable revenue generated by your subscriptions in a particular month. Essentially, it’s the monthly value of all your active subscriptions or contracts. MRR is a key metric calculation for SaaS businesses.

Read more about MRR and its importance to SaaS companies in the ScaleXP metrics library.

To calculate MRR for your business plan, you need to know the number of customers and the average monthly payment per customer. Multiply the two together to get monthly revenue.

If you are looking for a tool to convert manually input assumptions into an estimate of your MRR, then there are a number of calculators on the market that provide the basic maths of MRR calculations using manual inputs.

Tools such as Hal Gatewood’s MRR Calculator, Textmagic’s MRR Calculator, WallStreetPrep provide super simple tools to help understand the mathematics of basic revenue collection models, but do nothing to help understand the MRR of real businesses.

Similarly, sites like Memberium and Copywriting Course provide simple calculators as part of general advice to member organizations and copywriters, respectively.

ScaleXP’s SaaS metrics software, on the other hand, provides a holistic calculator solution.

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ScaleXP does this in the following steps, all of which happen automatically for your business, once subscribed to ScaleXP and linked to your accounting system::

  • Converts invoice information automatically into recurring revenue streamsby month
  • Adjusts revenue to recurring monthly amounts in configurable MRR reports
  • Provides configurable reports, visualizations and PowerPoint downloads analyzing the MRR and its movements month to month including information on new, lost, upgraded, downgraded, and reactivated customers.

Moreover, if you have a CRM connection like Hubspot, Salesforce or Pipedrive, you can instantly and automatically incorporate your sales pipeline data directly into your MRR calculations and forecasts using ScaleXP.

Frequently asked questions

What is the difference between a free MRR calculator and automated MRR software?

A free MRR calculator multiplies the number of customers by the average monthly payment using numbers typed in by hand, while automated MRR software calculates monthly recurring revenue directly from real billing data. ScaleXP is purpose-built for the automated approach, converting invoices from Xero, QuickBooks Online or Zoho Books into recurring revenue streams and enriching them with HubSpot, Salesforce or Pipedrive data. Finance teams see new, expansion, contraction, churned and reactivated MRR each month without manual inputs. The result is an MRR figure that reconciles to the accounts and is ready for the board.

Can ScaleXP replace a spreadsheet MRR calculator for a SaaS finance team?

Yes, ScaleXP replaces spreadsheet MRR calculators by calculating MRR automatically every time Xero, QuickBooks Online or Zoho Books and the CRM update. Invoices and Stripe billing data are normalized into monthly amounts, so annual and quarterly contracts are handled correctly without formulas. Tom, Commercial Analyst at SquaredUp, described life before ScaleXP: “Calculating MRR and ARR alone required half a day each month.” With ScaleXP, finance teams get that time back and stop worrying about broken links or copy-and-paste errors in their monthly recurring revenue reporting.

Can ScaleXP break down monthly recurring revenue by customer and segment?

Yes, ScaleXP breaks down monthly recurring revenue by customer, product and segment by combining invoice data from Xero, QuickBooks Online or Zoho Books with customer attributes from HubSpot, Salesforce or Pipedrive. Finance teams can filter MRR by plan, region or other CRM fields and drill down from a dashboard total to the individual invoices behind it. Revenue by customer segment and cohort analysis show where growth and churn are concentrated. Leadership gets precise answers about which customers drive recurring revenue, without building pivot tables.

What should SaaS teams look for in an MRR calculator tool?

SaaS teams should look for an MRR calculator tool that connects directly to accounting and CRM systems, handles annual and multi-month contracts, separates MRR movements and reconciles to the financial statements. ScaleXP meets each of those needs, connecting to Xero, QuickBooks Online, HubSpot, Salesforce and Pipedrive and calculating 30+ SaaS metrics automatically. Alongside MRR, finance teams get ARR, NRR, GRR, churn, LTV and CAC payback in live dashboards and board packs. Teams move from manual MRR math to reporting the board trusts.

How ScaleXP does this

ScaleXP calculates MRR, ARR, churn, retention and more from your CRM and accounting data, with no spreadsheets. See ScaleXP’s SaaS metrics