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what is enterprise billing

Billing & Monetization

What is Enterprise Billing: An Overview

Enterprise billing refers to an advanced and sophisticated system designed to meet the complexities of large-scale businesses across all billing processes like invoicing, payment processing, dunning, collections, revenue recognition, taxation, credits and...

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annual subscription

Billing & Monetization

Monthly vs. Annual Subscription Model: Which Works Best for Your Business?

There are numerous billing frequencies available (bi-monthly, monthly, quarterly, etc.), subscription-based companies typically offer an annual subscription or monthly payment plan. Many will give customers a choice between the two, but have...
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....
tier pricing

Billing & Monetization

Your Ultimate Guide to Tier Pricing

While comparable, tier pricing and volume pricing are calculated differently and used to achieve different business objectives. A favorite among software-as-a-service (SaaS) companies, a tiered pricing model refers to a step decrease...
billing system architecture

Billing & Monetization

8 Benefits of Flexible Billing System Architecture

On the surface billing is an easy concept to understand, however there are numerous independent applications that work in unison to create the billing system architecture. Each of these components provide the...
saas pricing models

Billing & Monetization

An Overview Of SaaS Pricing Models

The software-as-a service (SaaS) market is worth about $3 trillion and could reach $10 trillion by 2030 McKinsey estimates.  With growth projections at extraordinary levels, getting your pricing strategy right is even...
subscription economy

Billing & Monetization

Harnessing the Subscription Economy

The subscription economy is certainly a hot topic. But, what does the subscription economy really mean? What are its advantages and disadvantages, how do you win in this economy, and what does...
metered billing

Billing & Monetization

6 Ways to Seize Market Opportunities with Metered Billing

While the terms are typically used interchangeably, there are a few subtle differences between usage-based billing and metered billing – the most significant being in how charges are calculated. Usage-based billing calculates...
CPQ meaning

Billing & Monetization

What Can CPQ Mean for Your Business?

Are you struggling with inaccurate or inconsistent configurations, quoting, or pricing, slow quote turnaround time, personnel bottlenecks, sales downtime, inaccurate sales forecasting, poor results from upselling and cross-selling initiatives, complicated spreadsheets, or...
consumption based pricing model

Billing & Monetization

Is Consumption-Based Pricing Right for Your Company?

The next evolution of pricing models is not only here but revolutionizing how companies are billing for the products and services provided. Sometimes referred to as pay-as-you-go billing, usage-based pricing, or metered...
billing compliance

Billing & Monetization

Billing Compliance: 4 Things You Need to Know

Although frequently associated with medical billing, billing compliance affects all industries with varying degrees of difficulty. For instance, leveraging a variety of payment intervals (monthly, annual, usage-based) and diverse pricing strategies, software-as-a-service...
real-time payments

Billing & Monetization

Key Considerations for Implementing Real-time Payments

How companies and consumers pay for products and services is rapidly evolving. According to the 2023 Global Payments Report, account-to-account or real-time payments are on the rise. The digital wallet ascension is...
agile billing model

Billing & Monetization

12 Benefits of an Agile Billing Model Explained

Traditionally, billing functioned in the back office, and automating its tasks was a low priority. While this is still true for some companies, a growing number of businesses are making billing automation...