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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...

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Revenue Operations vs Sales Operations

Billing & Monetization

Revenue Operations vs Sales Operations: Key Differences and Strategies

Do you know the meaning behind revenue operations vs sales operations, and their importance? While revenue operations (RevOps) and sales operations (SalesOps) are closely related, there are some key differences in both...
churn analysis

Billing & Monetization

Churn Analysis and Winback: Strategies to Maximize Retention

Competition has never been so fierce and as a result, customer retention, customer churn analysis, and winback strategies have captured the attention of a growing number of businesses and industries. Understanding customer...
what is cost plus pricing

Accounts Receivable

A Guide to Cost-Plus Pricing: Definition, Benefits and Strategy

One of the most straightforward pricing strategies for the sale of goods and services, cost-plus pricing is a pricing model where a fixed percentage is added to the cost of producing or...
churn rate

Accounts Receivable

Churn Rates By Industry: Is Your Churn Rate Too High?

Customer churn—the rate at which customers stop doing business with a company—is a critical metric for companies across all industries. High churn rates can directly impact revenue growth, profitability and long-term sustainability....
Subscription Billing Management Software

Billing Platform Architecture

3 Steps to Launch Successful Subscription Billing Management Software

Can you handle your subscribers’ fluctuating requirements and monetize opportunities at each stage of the life cycle? In an industry that’s in a constant state of flux, meeting changing customer preferences requires...
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...
value-based pricing

Billing & Monetization

What Is Value-Based Pricing?

We’re all familiar with the value-based pricing example – think Mercedes, Gucci, Christian Louboutin, Rolex, and Louis Vuitton. While typically associated with luxury items, that’s not always the case. For instance, Starbucks,...
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...
volume pricing

Billing & Monetization

What is Volume Pricing?

Volume pricing is a pricing structure where the cost per product decreases (aka volume discounts) as the quantity of products purchased increases. Essentially, volume pricing works by offering varying pricing thresholds that...

Billing & Monetization

Understanding Customer Acquisition Cost in Business and How to Calculate It

Are you starting a new business or launching a new product? Then you should know what your customer acquisition cost (CAC) is. Simply put, the definition of CAC is the cost of...
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 revenue management

Billing & Monetization

What is Revenue Management?

Also referred to as yield management, revenue management can be described in extremely simplistic terms (selling the right product, to the right customer, at the right price, through the right channel) or...