R&F currently handles significant MRR-based volume through partnerships with some of the leading lenders in the industry. The scope utility can also extend beyond traditional SaaS to include any company creating value based on multiples of its contract revenue.
As with any field exam effort, the specialized MRR scope has been developed to provide our partners a level of diligence to best support their decision making including:
Our work and staff are guided by established firm principles, policies and procedures that have been built over the last 25 years, which include integrity, honesty, accountability, technical strength, and superior technology. The principles never change, the policies and procedures are continually updated based on lender requests and new technology. We are committed to providing the best overall experience for the Lender and Borrower.
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A Company’s revenue churn is a measure of the lost revenue over a specific period of time, and the calculation of churn can vary Bank from Bank and audit to audit. The churn ratio can be based on monthly, quarterly, or annual calculations and can be comprised on lost revenue only or lost revenue net of revenue expansions and/or new revenue growth.
As a result of our specialized scope, lenders have requested to collaborate with R&F to improve and enhance their (the lender's) own review and field exam processes. Borrowers have leveraged the analysis provided by R&F to help present to their board or future investors regarding accurate and clean KPIs.