Best Subscription Management and Billing Software 2023
SaaS businesses use terms like ACV and TCV to index their financial health and create predictions for informed decision making. It is very easy though to conflate all these terms—ACV and TCV are just the tip of the iceberg, the SaaS industry also uses metrics like LTV and ARR amongst
Billing is at the heart of any business’s financial health. A one-size-fits all approach does not work for the diverse products/services and complex business models found in modern business. Testing and implementing billing protocols that are most suited to your unique business needs results in frictionless cash flow, better customer
Selling subscriptions has become such a lucrative means of recurring revenue for businesses that policymakers are stepping into the arena to regulate the best practices surrounding them. This can be seen in the US government suing Adobe for “preventing consumers from easily canceling software subscriptions”. The charge is that Adobe
SaaS renewal management refers to the strategic process by which Software as a Service (SaaS) companies manage the renewal of their customers’ subscriptions or contracts. In the SaaS business model, customers typically pay on a recurring basis, often monthly or annually, for access to the software and its services. Renewal
Churn is a topic that always demands the attention of the SaaS world because most businesses flounder because of an unmanageably high churn rate. While it is important to grow your business at a robust rate, it is equally, if not more important to also work on strategies of customer
In the initial stages, many businesses handle proposals with legacy software such as Microsoft Word to draft & share documents, and Microsoft Excel for data management, analytics and proposal tracking. This is, however, not sustainable in the long run, particularly if you are a small business hoping to scale. When
Did you know that a whopping 46.1% of cart abandonment happens at the checkout stage? This is an alarming statistic that can be helped with an effective e-commerce plugin like WooCommerce. A lot of businesses suffering from these checkout workflow issues can be helped by WooCommerce because of its distinct
Writing a request for quote vs request for proposal that receives a response might boost your business’s chances of obtaining the items or services it needs to prosper. While they may appear to be the same, request for proposal vs request for quote serve different functions in the procurement process.
In today’s rapidly evolving landscape of digital payments and financial solutions, the decision between PayPal and Square has become a pivotal choice for individuals and businesses alike. With both platforms offering unique features, seamless transactions, and tailored solutions, the question of whether to align with PayPal or Square has become
Nothing will have a greater impact on your revenue than your software as a service pricing model. With so many SaaS subscription pricing models and their software pricing alternatives to consider, it can be difficult to know how to price your product to reach the sweet spot for your customers
Did you know that customer relationship management (CRM) software is now the biggest software market in the world, projected to grow to upwards of $80 billion by 2025? Clearly, people worldwide are feeling the need to shift to CRMs. Why is that? And how can it be supercharged with another
Did you know that for most libraries the subscription cost is around a measly $15 annually? For this small amount, you can easily read a truckload full of magazines for the entire year. Yet still there are about 10, 000 cases reported each year of subscription fraud. Why is that?
