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Key Performance Indicators (Version 2)
Key Performance Indicators (KPI’s) are one of the more commonly used metrics to measure the success of businesses. KPI’s help track critical components of your business and measure progress against predefined goals. But KPI’s don’t simply need to look in the rear-view mirror measuring past performance; KPIs can also be predictive. According to KPI.org: “Key…
Read MoreIntroducing the VRMS DASHBOARD
We are excited to introduce the Veritec Revenue Management System DASHBOARD. This powerful addition enables self-storage operators, who are Veritec clients, to see store- and portfolio-level information easily and quickly. The DASHBOARD provides information explicitly designed for both senior management and pricing analysts. At-a-glance data is presented in a way that is accessible, relevant, and…
Read MoreDay of Week Pricing During the Pandemic
As self storage operators continually adjust and change their rent prices, the question often becomes not only by how much, but by how often? We looked at any given week, which day or days did operators make those changes. In a previous blog about rental price change frequency, we highlighted two operators with very different…
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