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

SaaS Billing Software

Billing & Monetization

What Is the Best SaaS Billing Software?

Your software as a service (SaaS) business is thriving… congratulations! What you’re probably discovering is that the spreadsheets and manual effort used to track software usage and bill customers is no longer...
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...
consumption based pricing

Billing & Monetization

What is Consumption-based Pricing?

TechTarget defines consumption-based pricing – also referred to as pay-as-you-go billing, metered billing or usage-based pricing – as a service provision and payment scheme in which customers pay according to the resources...
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...
AI in finance

Billing & Monetization

The Impact of AI in Finance: How Machine Learning is Changing the Industry

The finance industry is experiencing a paradigm shift driven by the rapid advancements in artificial intelligence (AI) and machine learning (ML). These technologies are not just buzzwords. At the forefront of this...
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...
cloud based subscription management

Billing Platform Architecture

16 Benefits of Cloud-Based Subscription Management

Cloud services continue to evolve for businesses large and small (no matter the industry). This environment features many benefits like improved performance and high availability, business continuity, centralized data security, and cost...
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...
billing software

Billing & Monetization

Billing Software: What You Need to Know

Described as software that enables companies to, at its most basic level, generate and send invoices, collect payments, and calculate taxes – billing software is now capable of so much more. Regardless...
enterprise payment solutions

Billing & Monetization

Maximizing Profitability with Enterprise Payment Solutions

After you’ve fulfilled your end of the transaction, you want and need to receive funds as quickly as possible; however Automated Clearing House (ACH) payments can take hours or even days to...
digital payments

Billing & Monetization

Digital Payments: Revolutionizing Transactions for Enterprises

Is cash still king? A quick search provides compelling arguments for both sides of this coin. One thing, however, is certain – digital payments are on the rise. According to a recent...
SaaS recurring billing solutions

Billing & Monetization

BillingPlatform Named the Leader in SaaS Recurring Billing Solutions in the 2023 The Forrester Wave

BillingPlatform has recently been named the 2023 Forrester Wave leader in SaaS Recurring Billing Solutions. The Wave Report is an objective look at the most significant solutions in today’s billing landscape. The...