OKR template to boost our premium collection rate next quarter
Your OKR template
The next step is to increase premium collections by 10% through a more efficient payment processing system. Emphasis will be given to expanding payment options, accommodation of automatic systems for payment collection, and staff training to streamline transformed procedures.
In addition to the above-mentioned strategies, there's a goal to raise premium upgrades by 5% through targeted promotional campaigns. This involves the identification of demographics most likely to upgrade their premium subscriptions, consistent campaign analytics reviews, and the devising of a tailored promotional campaign for those identified demographics.
The main idea is to improve the premium collection rate. This can be achieved through minimizing late payments, enhancing the payment system, and promoting premium upgrades among probable client demographics.
ObjectiveBoost our premium collection rate next quarter
KRReduce premium payment late instances by 15% by enhancing reminder protocols
Implement automated email reminders for premium payment due dates- Introduce a mobile app with push notification reminders
- Set up text message alerts for upcoming payments
- KRAchieve a 10% increase in premium collections by improving payment processing system
- Research and incorporate more payment options
- Implement more efficient automated systems for payment collection
- Train staff on improved payment processing procedures
- KRAttain a 5% rise in premium upgrades through targeted promotional campaigns
- Identify demographics most likely to upgrade premium services
- Examine campaign analytics and adjust as necessary
- Develop a targeted promotional campaign for identified demographics
How to edit and track OKRs with Tability
You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.
Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.
With Tability you can:
- Use AI to draft a complete set of OKRs in seconds
- Connect your OKRs and team goals to your project
- Automate reporting with integrations and built-in dashboard
Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.
The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.
Step 1. Sign up for a free Tability account
Go tohttps://tability.app/signup and create your account (it's free!)
Step 2. Create a plan
Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.
Step 3. Use the magic importer
Click on Use magic import to open up the Magic Import modal.
Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.
Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!
Now, just click on Import from text and let the magic happen.
Once your example is in the plan editor, you will be able to:
- Edit the objectives, key results, and tasks
- Click on the target 0 → 100% to set better target
- Use the tips and the AI to refine your goals
Step 4. Publish your plan
Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.
From there you will have access to all the features that will help you and your team save hours with OKR reporting.
- 10+ built-in dashboards to visualise progress on your goals
- Weekly reminders, data connectors, and smart notifications
- 9 views to map OKRs to strategic projects
- Strategy map to align teams at scale