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Does your Security Company Operations Software Maximize the Value of your RMR?

Does your Security Company Operations Software Maximize the Value of your RMR?

There is nothing more important to the value of your business than your monthly recurring revenue (RMR). That value, generally measured as a multiple of the RMR, can be significantly impacted by the quality of the records related to the RMR and its contracts. That is where your operations software can make a big difference.

The value of your RMR can be significantly impacted by:

  • The retention over time (reducing terminations)
  • The current and typical accounts receivable (AR) age of your RMR invoices
  • The clarity and accuracy of your RMR reporting, and how that reconciles with your financial statements
  • Covering all of your RMR with customer agreements (See https://www.kirschenbaumesq.com/page/alarm-contract)

Your operations software should help you streamline this process. FieldHub, the industries leading cloud operations and accounting platform, has made the management and reporting of RMR central to their platform. This access and ease of reportability can make a significant difference in your bottom line.

FieldHub helps you manage your RMR to achieve the best value for your business by:

  • Providing reports on your RMR by vendor to reconcile your vendor bills and make sure you have active RMR for all of your central station and interactive service accounts
  • Tying RMR to your signed customer agreements, with the ability to run exception reports to find RMR without a contract on file
  • Providing “RMR Roll forward reports” on demand to easily keep track of your attrition, AR days, and where your RMR is increasing or decreasing
  • Building RMR billing on FieldHub’s robust general ledger platform, which automates deferred revenue structures Automating RMR invoicing and auto-payment, removing much of the headache often associated with batch processing and collections
  • Providing flow engine tools to support integrated workflows for account activations and terminations, helping to keep everything in sync
  • Reducing the number of separate systems, thereby reducing the chances that billing and accounting get out of sync

While there are many products built for the security industry, there are only a few that are all-in-one operations and accounting products — and even fewer that are built on modern web and mobile technologies.

Learn more about how FieldHub provides a single system to manage leads and proposals through project and field service management, inventory, recurring/deferred revenue management, and full accounting.

Latest Updates

Wilsons Security Goes Live on FieldHub's All-in-One Platform
Success Stories

Wilsons Security Goes Live on FieldHub's All-in-One Platform

Wilsons Security Goes Live on FieldHub’s All-in-One Platform

Wilsons Security is now live on FieldHub’s end-to-end business management platform, marking another successful deployment for the leading solution built specifically for the security and fire installation industry.

As one of Atlantic Canada’s dominant security integrators, Wilsons Security has spent over 15 years building a reputation for exceptional client service and operational excellence. Their adoption of FieldHub marks a strategic milestone in their continued growth—both regionally and across Canada.

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Habitec Goes Live on FieldHub’s All-in-One Business Management Platform
Success Stories

Habitec Goes Live on FieldHub’s All-in-One Business Management Platform

Habitec Goes Live on FieldHub’s All-in-One Business Management Platform

FieldHub, a leading provider of integrated business management software for the security and fire installation industry, is proud to announce that Habitec Security has officially gone live on the FieldHub platform.

Habitec’s transition to FieldHub marks a significant milestone, as it represents FieldHub’s first major scripted migration from the DICE accounting platform.

John Smythe, President of Habitec Security, shared his thoughts on the company’s decision to adopt FieldHub:

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FieldHub CEO Miles Fawcett Joins Ken Kirschenbaum for All-In-One ERP Demo
webinars and events

FieldHub CEO Miles Fawcett Joins Ken Kirschenbaum for All-In-One ERP Demo

On March 19th 2025, security installers and integrators gained a new window into how FieldHub’s all-in-one, cloud-based business operations and accounting software works in practice, courtesy of Founder and CEO Miles Fawcett.

Miles joined Kenneth Kirschenbaum, Managing Partner at Kirschenbaum & Kirschenbaum PC, for a live webinar attended by numerous security installation professionals eager to learn more about how FieldHub’s modern platform could benefit their own businesses.

During the demo portion of the webinar, Miles showcased FieldHub’s highly industry-attuned features across a range of business functions, including customer relations management, proposals, field service, recurring revenue and recurring revenue recognition, as well as accounting in general.

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