Know your template
This template assists in calculating residual commissions, which are earned from ongoing client payments or subscriptions. It is ideal for industries like insurance, software as a service (SaaS), and other subscription-based services where sales professionals receive a continual commission from long-term client contracts. Users can input client retention periods, subscription amounts, and commission percentages to project long-term earnings from existing accounts.
Additionally, the template allows for adjustments based on client churn and contract upgrades or downgrades, providing a comprehensive view of future potential earnings from residuals. This calculator is valuable for planning and forecasting revenue streams from long-term customers, and helps sales teams focus on both acquiring new clients and maintaining existing relationships.