The default reporting frequency in One Metric is monthly.
That fits with my experience of working with early stage ventures. Forcing yourself to reflect on your numbers and share your progress at the end of each month is a good habit. It’s not so frequent that you end up paralysed by analysis but also not so infrequent that big things can change without anybody noticing. In a fast moving environment a lot can shift in a month.
Of course when you're working on a really young company a month can seem like forever. It’s increasingly common in accelerator programs and the like to have a weekly check-in where you meet with advisors or mentors.
So, we've added support for weekly reporting to One Metric. When you create a new organisation you can choose if you want weekly or monthly reporting. Everything works as you’d expect either way, including the Xero integration.
But wait, there’s more!
Not everybody who needs to share their metrics is a startup. We've been delighted to see a bunch of different types of teams and organisations start to use One Metric since we launched properly. So we’ve also been experimenting with quarterly, six-monthly and annual reporting periods too. As with weekly you can select any of these longer options when you create a new organisation, and everything else just works.
I reckon there are a few interesting uses for these - for example, those public companies or charities who report their numbers less frequently could use One Metric as the platform for sharing these details. We're working on some examples of these to share, so look out for those coming soon.
In the meantime, if you’d like to try this out for yourself you can get started for free today. If you'd like some help get set up please get in touch and we will be happy to help.
All accounts, independent of how often you report your metrics, come with a 30-day free trial period.
As always, let us know what you think of these changes.