Glossary
Short, practical definitions of the software and business terms small teams run into. Written without jargon, updated when the meaning shifts.
- API
- An API (application programming interface) is a set of rules that lets two pieces of software exchange data or commands automatically, without a human in the middle.
- Churn / retention
- Churn measures how many customers or how much recurring revenue you lose in a period. Retention measures the opposite — how many customers stay active or renew.
- CRM
- A CRM (customer relationship management tool) is software that keeps contacts, conversations and deals in one place so nothing gets lost as your client list grows.
- Kanban
- Kanban is a visual method for managing work using columns (stages) and cards (work items), with an explicit limit on how many items are in progress at the same time.
- Lead scoring
- Lead scoring is the practice of assigning a numeric value to every lead based on demographics and behavior, so sales and marketing can prioritize follow-up on the people most likely to buy.
- MRR / ARR
- MRR (monthly recurring revenue) is the predictable income your subscription business earns each month. ARR (annual recurring revenue) is the same number multiplied by 12 — the annualized view.
- Project management tool
- A project management tool is software that keeps tasks, owners, deadlines and status in one place so a team can see what is happening without asking.
- SaaS
- SaaS (software as a service) is cloud-hosted software you access through a browser and pay for with a recurring subscription, usually per user per month.
- Workflow automation
- Workflow automation is software that triggers actions automatically in response to events — like 'new form submission creates a task' — so small teams skip repetitive manual work.