Best Subscription Management and Billing Software 2023
Recurring payments are the need of the hour and businesses absolutely need them for a list of reasons. For starters, it guarantees a consistent and predictable cash flow, which is critical for financial stability and planning. It reduces the administrative load of manual billing while also decreasing mistakes and saving
Data from Statista shows that the e-commerce market is predicted to reach a staggering US$ 5.56tn by 2027, growing at a CAGR of 11.7% from 2023-2027. In this competitive industry, if one wants to grow with the market and benefit from its projected growth, one needs practical tools to offer
The subscription-based business model has enjoyed astronomical success in recent years. This is evident in every industry’s attempt to tap into lucrative recurring revenue streams by offering subscriptions. From streaming services and software providers to subscription box companies and pretty much every consumer good under the sun, the recurring revenue
Today, where everyone is scared about AI slowly taking over the world and rendering humans useless, it must be noted that subscription-management software have been doing the same to legacy software that require an office’s technical resources to manually log in data entries for their enterprise subscription billing. In such
In the past few decades, the world has evolved rapidly. The most important factor that contributed to this evolution is digitalism. In the publishing industry, this evolution changed the way readers used to read and the way publishers used to publish. Both the readers and publishers have come beyond that
Usage-based pricing is on the rise as a go-to model for a lot of SaaS companies. It goes by a lot of terms like pay-as-you-go, time/unit-based pricing, pay per transaction, consumption-based pricing, metered billing, and utility billing. But, the phenomenon at hand is the same: SaaS companies track usage and
2024 has brought with it a change in B2B subscription management. Owing to general developments in technology (with a special emphasis on AI), we have seen a marked uptick in businesses relying on metrics of subscription management like MRR and ARR. Naturally, this has had an effect on B2B billing
Subscription-based models have been popular for a very long time, but now, with the rising trend of the usage based business model, the world of SaaS has also begun seeing a diversity in the types of payment models being offered. Why is that? Broadly speaking, in this blog, we will
Businesses have complex needs, and software (e.g. CRMs and ERPs) that offer a range of features cannot fulfil these needs all alone. So, these automated systems are integrated with third-party software and payment gateways so that such needs of SaaS customers can be fulfilled. Though integrations of software are a
At this point it seems redundant to even talk about how fast-paced is the world of SaaS because the world of SaaS has been growing at so fast a pace that it has started bleeding into the world outside of the tech industry as well. Today, pretty much any end
The eCommerce industry in Africa is booming. The continent of 1.4 billion people is already the most significant region for mobile commerce and by 2026, Africa is forecasted to have the most significant growth in digital buyers worldwide. Within Africa, South Africa is one of the most thriving markets for
If you are not constantly improving your product, then, in today’s world of hyper-competition, you are digging your own grave. That said, the question that one is compelled to nonetheless ask is that how exactly does one go about improving one’s product? That is an issue that plagues various companies
