ENTERPRISE (cont’d) Common mistakes ● Don’t use Bookings and Revenue, or Bookings and ACV (Annual Contract Value), interchangeably ● Don’t include letters of intent (LOIs) and verbal agreements in bookings → they are NOT yet bookings! 4

ENTERPRISE (cont’d) Common mistakes ● Don’t use Bookings and Revenue, or Bookings and ACV (Annual Contract Value), interchangeably ● Don’t include letters of intent (LOIs) and verbal agreements in bookings → they are NOT yet bookings! 4