Best Subscription Management and Billing Software 2023
One of the biggest challenges of successfully running a SaaS business is customer churn. Just how do you get customers to stay? It would be unrealistic to say there is one sure-shot way of guaranteeing that. However, there are ways to better understand your customer base and tailor your services
Are you among those who are still using Excel for billing? If yes, then this blog is for you. Also, in the very beginning, let us tell you this we are not going to debate over the inefficiencies of Excel. We all know that Excel has its own standing and
The importance of closely tracking and understanding your company’s revenue to run a successful business needs no qualifier. Despite this, many startups and SMEs struggle to do justice to their revenue reporting activities. In the early stages, businesses often simply rely on the volume of sales and bank balance reporting.
The most important factor that adds to the significance of the subscription business model is the subscription duration which is the time period during which the subscription remains effective under agreed-upon terms and conditions. Subscription duration is important because it directly links with the subscription renewal rate. Also, the subscription
Are you looking for an easy way to get paid online in 2023? Do you wish to orchestrate secure, hassle-free, and frictionless payment processing for your customers? Are you considering Paystack vs Stripe to power your payments? You’ve come to the right place. Finding the right payment gateway to integrate
In 2022, the worldwide market for subscription boxes attained a value of USD 26.9 billion. It is projected that between 2023 and 2028, the market will experience a compound annual growth rate (CAGR) of 18.4%, ultimately reaching a value of USD 74.2 billion by 2028. Subscription boxes are a type
In an era marked by declining subscription revenues for magazines, the adoption of hybrid billing models offers a glimmer of hope. By combining traditional and digital payment methods, these models aim to drive subscription revenue, enhance customer loyalty, and improve retention rates. In this blog post, we will explore the
Integrating the correct accounting software to your subscription management system allows your business, regardless of size, to efficiently manage finances to boost revenue growth. However, the sheer abundance of SaaS business solutions from all across the market can make it challenging to pick the right accounting software to integrate. We’re
It is not only the eCommerce market that is evolving rapidly, almost every business industry where technology has its stakes is developing speedily. This speedy development has caused customer expectations to go staggeringly high. Every time and at every touchpoint, customers expect the best experience. Customer support, customer care, and
Recurring revenue business models have become all the rage in the current business climate, as companies across industries eagerly strategize how to harness the immense potential of this lucrative, predictable, and scalable revenue model. In this blog post, we will break down everything you need to know about the recurring
The print media industry is the oldest one to be operating off the subscription-based business model. Yet, it is also one that has suffered the most in recent years, as the subscription model has surged in popularity. This is due to rapid digitalization, changing consumer behaviour, and an unprecedented demand
Comparing Stripe vs Shopify as holistic platforms is a lot like comparing apples to oranges. After all, Stripe is designed to be integrated into websites and other software, exclusively to power payments, whereas Shopify is a standalone eCommerce platform that offers many features in addition to integrated payment solutions for
