SaaS-based Business Models Now Account For 69% Of Software Revenue… How Can You Improve Yours?
The Subscription-as-a-Service (SaaS) billing model now accounts for more than $600 billion in revenue within the software industry. This means that it’s more important than ever for companies with subscription-based billing models to optimize and structure their processes to allow for revenue growth and success.
Streamlining these five steps in the Quote-To-Cash process will kickstart your billing optimization process.
- Configure & Sell: Guided Selling with Configure, Price, Quote (CPQ) can better enable your salespeople
- Bill & Invoice: Mediation allows your company to leverage usage-data from client engagement
- Pay & Collect: Automate the Dunning & Collections process to help manage your accounts
- Recognize & Report: Revenue Recognition is a great first step to ensuring your revenue forecasting
- Sustain & Grow: Provide your customers with an easy-to-use Customer Portal
Get in-depth details about these five critical processes that help make up a Quote-To-Cash optimized solution, and much more.
