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

CPQ Tool

Billing & Monetization

How A CPQ Tool Generates Faster Quotes with Precision

Unless you’re selling a single product that can only be configured one way, the configuration, pricing, and quoting (CPQ) processes are probably resulting in a disproportionate amount of time spent – not...
CPQ software

Billing & Monetization

Streamline Your Sales Cycle with CPQ Software

Do your sales reps struggle with configuring the products and services that align with customer specifications? Is your company losing money due to pricing miscalculations or rogue discounts? Do the proposals sent...
manage SaaS subscriptions

Business Process Management

Best Practices to Effectively Manage SaaS Subscriptions

Commonly used by software-as-a-service (SaaS) companies, the subscription business model can’t be beat when it comes to benefits. This business model allows you to sell your product to customers once and receive...
cpq features

Billing & Monetization

CPQ Features for SaaS Companies

Some have said configure-price-quote (CPQ) software is overkill for software-as-a-service (SaaS) companies. They maintain the solutions offered by SaaS organizations aren’t complex enough to warrant CPQ, but this thought process is rapidly...

Business Process Management

Finding Success with B2B Subscription Management in 2023

Even after more than four centuries, the subscription-based business model continues its upwards trend. Introduced by newspaper and magazine publishers to the B2C market, subscription management is flourishing across both B2C and...
revenue management strategies

Billing & Monetization

Revenue Management Strategies for 2023

If we had to describe last year in a single word, it might be permacrisis (an extended period of instability and insecurity). There was the continuing pandemic fallout, the UK’s decision to...
automated revenue management

Billing & Monetization

Key Benefits of Automated Revenue Management

Why has automated revenue management become critical for today’s businesses? In the words of Andrew Dailey, Managing Director at MGI Research, “Today’s digital businesses and global organizations view automated revenue management solutions...
recurring revenue management

Billing & Monetization

The Best Recurring Revenue Management Solution for Enterprises

What exactly is revenue management? With a history dating back to the 1980s, it’s certainly not a new buzzword. However, there remain misconceptions around recurring revenue management that this blog aims to...
enterprise pricing models

Billing & Monetization

An Overview of Enterprise Pricing Models

Want to differentiate your brand and increase your enterprise’s appeal? If so, there is no faster way than by disrupting the status-quo enterprise pricing models of your industry. Before diving in, let’s...
5 steps of revenue recognition

Business Process Management

5 Steps of Revenue Recognition Made Easy

When you hear the phrase revenue recognition, what’s the first thing that comes to mind? If you’re like most people, your first thought is of a process that is complex, time-consuming, and...
cpq

Billing & Monetization

The Rise of CPQ Solutions for Subscription-Based Businesses

Did you know that it is estimated that between 2022 and 2026 the configure, price, quote (CPQ) market will grow by $1.65B at a CAGR of 14.13%? Add to that the fast...
revenue recognition automation

Billing Platform Architecture

Can Revenue Recognition Automation Help Your Organization?

Since the release of Accounting Standards Codification (ASC) 606 and the International Financial Reporting Standards (IFRS) 15, revenue recognition has been a hot topic. Essentially, revenue recognition identifies the specific conditions in...