icon Blog

consumption based pricing model software

Billing & Monetization

Consumption-Based Pricing Model Software: 14 Benefits You Don’t Want to Miss

Consumption-based pricing (also referred to as usage-based pricing) charges based on what you use or consume. This usage-based pricing model charges customers only for the resources consumed. For instance, let’s assume a...

Blog Categories:

All Posts

AR aging

Accounts Receivable

Your Guide to Accounts Receivable Aging Reports & How to Calculate AR Aging

Does your organization extend credit to customers? Do members of your accounts receivable team find themselves overwhelmed with the task of determining which customers have uncollected debt? An accounts receivable (AR) aging...
consolidated billing

Accounts Receivable

What Is Consolidated Billing? Best Practices & Benefits Uncovered

Popular among software-as-a-service (SaaS) organizations, billing consolidation is a methodology that merges multiple transactions or subscriptions into a single invoice. This approach simplifies the process by consolidating multiple financial transactions. It’s also...
dunning

Accounts Receivable

What is Dunning, and Can it Improve Customer Retention?

An overlooked process by many software as a service (SaaS) and subscription-based companies, dunning is a 17th-century term that describes the process that organizations take to methodically communicate with customers to collect...

Accounts Receivable

Voided Transactions: How They Work & Examples

Voided transactions occur across virtually all industries. However, void transactions and refunds at software-as-a-service and other subscription-based organizations are slightly different. Although frequently used, the two terms – void transactions and refunds...
ai invoice processing

Accounts Receivable

Revolutionizing Accounts Payable: The Power of Automated AI Invoice Processing

As business technology evolves, artificial intelligence (AI) is poised to make significant contributions in all areas of finance. Automated AI invoice processing is transforming the way organizations manage their finances, leading to...
unbilled receivables

Accounts Receivable

Understanding the Impact of Unbilled Receivables on Your Bottom Line

Common among subscription-based software-as-a-service (SaaS) businesses, unbilled receivables is revenue the company has earned, with invoices sent in arrears. Simply put, unbilled receivables equates to the amount of revenue that is billable....
accounts receivable process

Accounts Receivable

Understanding the Accounts Receivable Process: Step-by-Step

Consisting of a series of steps, the accounts receivable process refers to the money owed to a business for the purchase and delivery of goods or services. In principle the process may...

Accounts Receivable

Improving the Accounts Receivable Management Process

Are you part of the nearly 25% of companies struggling with revenue that’s tied up in outstanding invoices? If so, look no further. With approximately $3.1 trillion owed in accounts receivables to...

Accounts Receivable

2022 Trends in Finance Survey

BillingPlatform has released its third annual Trends in Finance Survey: A Perspective on Market Outlook & Strategies for Revenue Growth. Conducted in December 2021, the survey included more than 300 CFOs and...
accounts receivable

Accounts Receivable

Modernized Approaches to Accounts Receivable

In part, accounts receivable (AR) can be defined as the balance of money due to a firm for goods or services delivered or used but not yet paid for by the customer....

Accounts Receivable

What is Revenue Operations?

Still evolving but rapidly gaining in popularity, Gartner describes Revenue Operations (RevOps) as the newest functional role emerging in many of the fastest-growing B2B organizations. If you’re new to the term or...
standard accounts receivable reports

Accounts Receivable

4 Standard Accounts Receivable Reports Every Business Needs

To remain competitive in the digital economy, companies are increasingly making the strategic decision to transition to more robust and agile enterprise billing solutions. While there are numerous reasons for the move,...