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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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subscription models

Subscription Management

Uncovering the Benefits of Subscription-based Business Models

The subscription economy is booming, and with good reason. Whether a consumer or business, you can purchase a subscription for virtually anything – from clothing and coffee to software and data storage....
monthly recurring revenue

Billing & Monetization

Your Essential Guide to Monthly Recurring Revenue

Monthly recurring revenue (MRR) is the money you make every month from customers purchasing your products or services. This is the amount you can rely on receiving regularly. It is a key...
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...
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...
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...
SaaS revenue recognition

Business Process Management

What is SaaS Revenue Recognition?

Whether a small and medium-sized business (SMB) or large enterprise, revenue is at the very center of your business performance. Many companies struggle to determine when revenue can/should be recognized. Your ability...
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...
billing and revenue management

Billing & Monetization

How Billing and Revenue Management Influences Pricing Strategies

Considered an art and a science, revenue management analyzes data to predict the demand fluctuation of your products and services. And billing and revenue management (BRM), is often used by recurring revenue-based...
order to cash process

Billing & Monetization

Automate Your Order-to-Cash Process to Increase Customer Retention

Regardless of your business model, the key to growth and profitability is customer retention. When looking at the customer lifecycle, order-to-cash (O2C) plays a critical role in developing and maintaining long-term customer...
subscription based business model examples

Subscription Management

Why a Subscription-Based Business Model May be Right for Your Company

Showing no signs of slowing, the subscription economy is booming. A UBS report revealed that subscription business models could grow from a $650 billion market to a $1.5 trillion market by 2025....
subscription business

Business Process Management

How to Manage Cash Flow in a Subscription Business

According to a U.S. Bank study, 82% of business failures are due to poor cash management. While there are numerous contributing factors for this significant figure, some of the most common reasons...