SaaStr · 2022-11-06
· 1305d
Why Business Process Change is Essential for Enterprise SaaS Success
Enterprise SaaS solutions requiring significant business process change are preferable to "grab and go" tools because they create stickier, more valuable products with higher customer retention and pricing power. Companies should embrace the implementation complexity and invest in customer success activities like training, onboarding, and change management to ensure adoption. ServiceNow exemplifies this model with 1,500+ customers paying $1M+ annually and 99% GRR.
Metrics in this report
Deployment Time Maximum for Low-Cost Tools
10minutes
absolute maximum
SaaS apps priced at $0-5/month
Deployment Time for Low-Cost Tools
60seconds
ideal maximum
SaaS apps priced at $0-5/month
Positive Business Process Change Outcomes
8.5out of 10
probability
general SaaS implementations
ServiceNow Gross Retention Rate
99%
reported
enterprise SaaS with business process change
ServiceNow High-Value Customer Count
1500customers
minimum
paying $1M+ ARR