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 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 mediation system

Usage-Based Billing

What Is A Billing Mediation System & Why Does It Matter?

A familiar term to most, mediation is the process of settling disputes in order to come to an agreed upon resolution. But what exactly is billing mediation? Moreover, what is a billing...
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...
workflow automation software

Business Process Management

10 Ways Workflow Automation Software Improves Business Growth

Is your finance team tethered to an endless supply of spreadsheets? Are steps frequently missed within the billing and payment processes? Are you hiring additional resources to handle the financial close process?...
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...
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...
eCommerce payment processing

Billing & Monetization

A Guide to Streamlining Your eCommerce Payment Processing

Have you traded your brick-and-mortar storefront to sell your products and services over the internet? If so, you’re part of a growing number of businesses that are either complementing their storefronts with...
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...
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...
asc 606 compliance

Revenue Recognition

What Controllers Should Know About ASC 606 Compliance

ASC 606 compliance was mandated a little over five years ago when regulators issued new accounting standards designed to change the way organizations approach revenue recognition. The goal of the regulation: improve...
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....