Best Subscription Management and Billing Software 2023
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?
A subscription management solution might be a lifesaver if your SaaS business is just getting started. Many SaaS businesses sometimes suffer from cash flow challenges until they return their original investment due to high up-front client acquisition expenditures. Adopting a subscription pricing plan over a one-time-sale pricing model will assist
Two key concepts stand out in the realm of subscription businesses, where customers agree to make recurring payments for on-going services: revenue and turnover. Revenue is the money that comes into your company from subscriptions, whereas turnover is the number of clients you acquire and lose over time. Although these
Whether they like to admit it or not, everyone is anxious about a good thing coming to an end. Businesses, just like individuals, are anxious about their contracts expiring and not being renewed. Even the best companies in the world only end up renewing 56% of their contracts. With statistics
The days when customers used to buy software for all posterity and use it as they saw fit are long gone. Today, pretty much everyone just pays a small monthly subscription fee to license the software and, should they ever stop using it, cancel it to save costs. If anything,
