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The Enterprise Guide on Innovation and Security with Generative AI

BackEngine Debuts Customer Feedback Benchmark Report

BackEngine Debuts Customer Feedback Benchmark Report

Company Emerges From Stealth with Transformative AI-Powered Platform that Modernizes How B2B SaaS Companies Collect and Act on Customer Feedback

BackEngine, an emerging leader in democratizing customer feedback intelligence within B2B SaaS companies, announced the release of its inaugural business insights research report, The Customer Feedback Benchmark: How Leading B2B SaaS Companies Drive Growth Through Systematic Customer Feedback. The study of over 150 SaaS business leaders reveals a dramatic correlation between how systematic a company is in collecting customer feedback and business performance, with companies employing advanced feedback systems significantly outperforming competitors across all key metrics.

The report’s release coincides with BackEngine’s emergence from stealth, offering an AI-powered platform that helps organizations create a high-velocity customer feedback loop by analyzing all customer communications.

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“Our research definitively shows that how companies collect and act on customer feedback isn’t just an operational concern – it’s a critical strategic advantage in competitive SaaS landscape,” said Eli Portnoy, CEO and founder of BackEngine. “Companies with mature feedback systems are 6.5 times more likely to significantly outperform competitors, yet most organizations still rely on fragmented, ad-hoc approaches that leave them blind to crucial customer insights.”

Key Findings from the Benchmark Report

The research identified four distinct maturity stages (Basic, Intermediate, Advanced, Expert)  in how companies handle customer feedback, with clear performance differences at each level:

  • Competitive Positioning: Organizations with “Expert” feedback systems are 6.5x more likely to significantly outperform competitors than those with “Basic” approaches
  • Customer Satisfaction: 66.7% of Expert companies report improved satisfaction scores versus just 28.1% of Basic companies
  • Product Success: 74% of companies with Expert feedback maturity report improved product launch success rates compared to just 40% of those at the Basic level
  • Revenue Expansion: 83.3% of Expert companies report increased upsells, with zero reporting decreases

The study also revealed a striking connection between CEO engagement with customers and business performance. Companies where CEOs interact with customers weekly are twice as likely to outperform competitors compared to those where CEOs rarely engage with customers.

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Organizational Challenges & Opportunities

Despite the clear business case for advanced feedback systems, the report identified concerning gaps in current practices:

  • In 23.5% of companies surveyed, no one clearly owns customer feedback
  • Only 11.1% of companies use AI to analyze customer communications
  • Just 33% of executives review customer feedback monthly or more frequently

“We invested in the BackEngine team and technology because SaaS companies face increased competition, economic pressures, and higher customer expectations,” said Micah Rosenbloom, general partner at Founder Collective, a seed-stage venture capital firm that has backed over two dozen billion-dollar startups. “BackEngine’s platform directly addresses these challenges by giving every team – not just CS, product, or sales/revenue teams – direct access to the customer voice through AI-powered analysis of calls, emails, and messages. The result is faster decisions, better products, and stronger customer relationships.”

BackEngine uniquely addresses the fundamental challenges B2B SaaS companies face as they grow: maintaining deep customer connections across the entire organization without requiring additional headcount or complex processes. Its democratized approach to customer intelligence has already delivered proven results in improved retention, increased expansion revenue, and enhanced cross-functional collaboration at companies such as HopSkipDrive, UserEvidence, Crayon, and Fossa.

“Since implementing BackEngine, we’ve significantly improved how quickly our entire company can react to our customers. What used to take weeks, now happens in real-time across every department,” said CEO of HopSkipDrive, Joanna McFarland. “Our product team catches emerging needs before they become support tickets, our marketing team better understands customer language, and our execs have unprecedented visibility into what customers truly value. This level of real-time customer intelligence has transformed not just our response time but the quality of our decision-making at all levels, directly contributing to improved customer satisfaction, retention and expansion metrics.”

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Source – PR Newswire

For media inquiries, you can write to our MarTech Newsroom at sudipto@intentamplify.com

 

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