Bookings vs Billings vs Revenue: Simplifying the Top-Line SaaS …

It’s a regular Tuesday. Or it could have been, but you’ve just been given the task of preparing a revenue report. There’s a plethora of jargon and definitions. Suddenly, terms like ‘bookings’ and ‘billings’ start sounding the same. And terms like ‘collections’ and ‘recurring revenue’ only add to the confusion.

Let’s understand each of these terms with a simple example.