Monthly Basis CRM

Introduction

The phrase "monthly basis" is a staple in English communication, appearing frequently in professional, financial, legal, and everyday contexts. Its usage spans from employment contracts and subscription services to financial planning and routine reporting.

Despite its ubiquity, the phrase carries subtle nuances and variations depending on context, register, and regional dialect. This report explores the definition, grammatical structure, common collocations, and application of the phrase across various domains.

Definition of "Monthly Basis"

The phrase "monthly basis" refers to a recurring frequency or schedule that occurs once every month, or at intervals of one month. It is most commonly used as part of the prepositional phrase "on a monthly basis," indicating that an action is performed, reviewed, or renewed every month.

Legal Definition: In contracts, it often refers to a period encompassing all days in a calendar month, including weekends and holidays, or the practice of making payments within each calendar month.

Summary of Terms

Term	Definition	Example Usage
Monthly	Happening or produced once every month	"Monthly report"
Basis	Method, system, or principle according to which something is done	"On a regular basis"
Monthly Basis	A recurring schedule or system that repeats every month	"Reviewed on a monthly basis"
On a Monthly Basis	Adverbial phrase indicating frequency of once per month	"Paid on a monthly basis"

Grammar and Usage

Grammatical Structure

The phrase is most commonly used as an adverbial modifier: Preposition ("on") + Article ("a") + Adjective ("monthly") + Noun ("basis").

Example: "The team meets on a monthly basis."

Register and Formality

"On a monthly basis" is considered more formal and is used in professional and legal contexts. In informal writing, "monthly" or "every month" is preferred for brevity.

Formal: "Performance evaluations are conducted on a monthly basis."
Informal: "We check in every month."

Common Collocations

The phrase often appears with verbs indicating recurring actions or obligations.

Collocation	Example Sentence
Paid on a monthly basis	"Employees are paid on a monthly basis."
Reviewed on a monthly basis	"Budgets are reviewed on a monthly basis."
Renewed on a monthly basis	"Subscriptions are renewed on a monthly basis."
Scheduled on a monthly basis	"Meetings are scheduled on a monthly basis."
Calculated on a monthly basis	"Interest is calculated on a monthly basis."

Usage in Different Contexts

1. Work Context

Used to describe recurring tasks, meetings, and reporting cycles. It signals structure in organizational processes.

"Performance evaluations are conducted on a monthly basis."

2. Finance Context

Crucial for payment schedules, interest calculations, and financial reporting. Refers to fixed, recurring obligations.

"Loan repayments must be made on a monthly basis."

3. Subscriptions

Central to billing and service delivery for SaaS, streaming, and utilities. Offers flexibility compared to annual billing.

"Subscriptions are renewed on a monthly basis."

Synonyms and Alternatives

There are several alternatives to "monthly basis" depending on the desired formality.

Monthly Neutral
Every month / Each month Neutral
At monthly intervals Formal
In monthly installments Finance

Stylistic Tip

Avoid redundancy. "I pay my bills on a monthly basis" can often be shortened to "I pay my bills monthly" unless strict formality is required.

Legal and Contractual Usage

In legal documents, the phrase provides clarity for enforceability. It often defines payment due dates, grace periods, and renewal terms.

"The Borrower agrees to make monthly payments on a monthly basis, due on the 1st day of each month."

Regional Variations

While understood globally, there are subtle differences:

British English: Dates are Day/Month/Year. Collective nouns may take plural verbs ("The committee meet on a monthly basis").
American English: Dates are Month/Day/Year. Collective nouns usually take singular verbs ("The committee meets on a monthly basis").

Common Mistakes and Pitfalls

Mistake Type	Incorrect Usage	Correct Usage
Redundancy	"We review our progress on a monthly basis." (Wordy)	"We review our progress monthly."
Misplaced Modifier	"I monthly pay my rent basis."	"I pay my rent on a monthly basis."
Incorrect Form	"The subscription is renewed monthly basis-wise."	"The subscription is renewed on a monthly basis."

Key Takeaways

✓ Definition: "Monthly basis" implies something occurs every month.
✓ Register: It is formal and best suited for professional, financial, and legal contexts.
✓ Style: Use "monthly" for conciseness in informal writing to avoid wordiness.
✓ Legal: Contracts often explicitly define "monthly basis" to avoid ambiguity regarding holidays and weekends.

Meaning and Usage of 'Monthly Basis'