Best Subscription Management and Billing Software 2023
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
We all know this the subscription business market is competitive. But if the competition in the market is limiting your business options, then it is high time to analyze your data-rich competitors and customer behaviour, and the billing model once again. In the subscription business market, there are various billing
In 2022, McKinsey surveyed customer care departments of various companies. The participants of the survey reported that in the coming 12-24 months, the strategic focus of companies is going to train the best people who can offer customers the best experience while reducing call volumes. So, the KPIs like customer
The eCommerce industry in Turkey has experienced significant growth in recent years. In the first quarter of 2020 alone, the volume of e-commerce transactions in Turkey increased by 64% year-on-year, making it the 18th largest market for e-commerce in the world. With the need for secure and efficient online payment
Many businesses are operating on the subscription business model in Turkey, however, it is not easy to manage millions of subscribers. Coffee shops, restaurants, music and OTT platforms offer monthly subscriptions that cater to many subscribers. To manage these subscribers, businesses need automated software that can manage everything seamlessly from
In the highly competitive world of subscription-based businesses, the ability to collect outstanding payments efficiently is critical to ensure a steady stream of revenue and fuel long-term growth. Compromising this crucial aspect of accounts receivable (AR) operations by using outdated and inefficient manual collection strategies, not only negatively impacts your
Losing customers is painful. There are no two ways to feel about it. However, this loss also presents a unique opportunity to drive business success through an effective customer exit survey strategy. Exit surveys allow your business to access valuable feedback straight from the proverbial horse’s mouth. After all, who
Today, the basis of a successful subscription business is quality data and the best data analysis. However, every day, people and businesses face challenges because of inaccuracies such as incorrect values, mistaken dates, flawed inferences, and numerous other errors. Also, being part of the subscription business economy, you need to
Are you on the lookout for the right payment gateway to power payments for your business? Unsure whether GoCardless offers your business more value than PayPal or if the opposite is true? We’re here to help put all the facts on the table to help you make the right decision.
Are you a business owner on the lookout for the right payment gateway to power your payments? We’ve got your back. With rapid digitalization in the payments space, businesses of all sizes recognize the necessity of enabling online transactions to power business growth. To do this right, you need a
