Best Subscription Management and Billing Software 2023
SaaS tools have revolutionized modern business. Whether it’s the finance team and support staff, or high up executives, their jobs have been made so much more efficient with the help of SaaS tools. Processes that used to take a long time are now easy to carry out with tools like
If statistics show that only one in every 26 unhappy customers actually files a complaint, then what exactly do the remaining 25 people do? At some point, they churn—if they cannot fix their issue on their own or if it does not get fixed automatically, then these customers are more
Customers are the lifeblood of a company’s revenue. This is especially true for a SaaS company because the product attracts users and is the key to maximising profits across the whole customer experience. Interest and dividends are two other sources of revenue. Companies have recognised the value of getting a
Does your customer journey end when a customer cancels their subscription? Well, if it does, you’re making a big mistake! You should never let a customer leave without telling you why they’re leaving. Most SaaS and subscription businesses fail to conduct a customer cancellation survey after a customer leaves. In
The eCommerce business market changes every day. Here, every business is in a state of tug-of-war with competitors, startups, and other companies. The recurring payment is a groundbreaking trend that is now being widely followed in the eCommerce market. Businesses are realising the enormous potential of introducing recurring payment models
Streamlining financial management is paramount to the success of any business venture. But perhaps even more significant for membership-based organizations. This is because businesses offering memberships must grapple with handling diverse revenue streams, tracking member payments, managing dues, and maintaining transparent financial records. To overcome these challenges and foster smooth
When you’re running a small businesses, it may appear simple to select an e-commerce software with website-building functionality, but there are many intricacies to consider. Square Online and Wix are two well-known e-commerce platforms that share several features. Square Online is a branch of the very famous payment gateway, Square.
Digitalism is penetrating the world, even in the African continent, where from 2015 to 2018, it was estimated that only 28 percent of the population was using the internet. Now, the number of internet users has doubled. Hopefully, you see the challenge of doing business in the African region. Other
Did you know that the market cap for membership software for associations is expected to grow more than 100% from $1.5 billion in 2023 to $3 billion in 2030? Why is that? Is everyone on the lookout for assistance in managing their business’ day-to-day functions? Or are there other reasons
One of the most critical processes for any business is to get leads and then nurture them accordingly. Also, the importance of lead management becomes two folds in the B2B market. When it comes to leads, the two most important phases include: Quote to Cash (Q2C) Process Order to Cash
In the age of social media dominance, it is easy to wonder: Who reads promotional emails anyway? When it comes to social media, the Big 3 (Facebook, Instagram, and Twitter) have an abysmal engagement rate of less than 0.6% compared to emails, with an average open rate of 22.86%, and
Wix, with its cutting-edge features, versatile design templates, built-in sales functionalities, and thriving app and plugin market, is becoming increasingly popular for creating user-friendly online stores and membership sites. Whether you run an e-store or a membership site on Wix, you might be interested in a subscription management system or
