What is platform revenue in SAP SAP-LEGAL - Global Field Legal?

SAP Term: platform revenue

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: The Customer’s and its Affiliates’ total annual sales revenue for products or services that are purchased through Cloud Service platforms by customers.

Smart SAP Assistant

• Key Concepts: 
  Platform revenue is a term used to describe the revenue generated from the sale of a platform or service. In the case of SAP-LEGAL Global Field Legal, platform revenue is generated from the sale of legal services and products. 
  
  How to use it: 
  Platform revenue is used to measure the success of a platform or service. It can be used to track the performance of a product or service over time, as well as to compare different products or services. 
  
  Tips & Tricks: 
  When tracking platform revenue, it is important to consider other factors such as customer satisfaction and customer retention. Additionally, it is important to track platform revenue in relation to other metrics such as customer acquisition costs and customer lifetime value. 
  
  Related Information: 
  Platform revenue is closely related to other metrics such as customer lifetime value and customer acquisition costs. Additionally, it is important to consider customer satisfaction and customer retention when tracking platform revenue.