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

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....
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...
automated billing system

Billing & Monetization

5 Advantages of Using the Right Automated Billing System

Did you know that 67% of businesses use automation to standardize or automate daily tasks? If this is the case, why do nearly 95% of workers say they still perform repetitive, time-consuming...
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...
subscription software revenue

Billing & Monetization

The Role of Predictive Analytics in Subscription Revenue Software

When forecasting subscription software revenue, do you find it a time-consuming process that never quite hits the mark? What if you had the ability to forecast revenue with precision? Now you can!...
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...
monetization strategies

Billing & Monetization

The Benefits of Data-Driven Monetization Strategies for SaaS Companies

The data you collect is an untapped well of profitability and insights from which you can build new revenue streams, make informed business decisions, and scale your business. Commonly known as data...
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...
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...
revenue management

Billing & Monetization

Top 5 Ways to Boost Revenue Performance in 2023

Like all companies, starting strong in the new year is in full swing. But with concerns about the economy putting pressure on growth, now is the time to solidify your plans to...