In today’s digital world, people and businesses are more connected than ever. That connectivity provides in-depth knowledge of what consumers do and how they use products/services within their daily lives. Unsurprisingly, this has companies searching for ways to dig deeper into that data so they can maximize a particular product’s use and benefits to consumers.
For the fourth consecutive time, BillingPlatform was named to the Constellation ShortList™ for Smart Services Digital Monetization Platforms, Q3 2020. For us, the Constellation ShortList affirms BillingPlatform’s prominence in digital transformation and the recurring revenue management software space. You can rely on BillingPlatform to provide a recurring revenue management software solution to enterprises offering subscription,
Subscription billing is a better fit for some business models and industries than others. The decision to implement a subscription-based strategy should depend on the product or service being sold, as well as how customers expect to pay. In general, business models built around repeat utilization or that provide regular access to a service work
Subscription billing solutions come with both advantages and disadvantages. When designed well, subscription models offer convenience for both businesses and their customers. Customers get what they want on a regular basis for a set price and businesses have a predictable revenue stream. On the other hand, subscription pricing may be leaving money on the table
It may not exactly be a new term, but we still get asked, “What is subscription billing,” fairly often. Subscription billing is a charging method that enables merchants to bill customers automatically on a fixed schedule for a specific product or service. Although the subscription billing model has its roots in earlier times, the ability
If someone asks, who is the most conservative, risk-averse team at your company, most people will answer in unison, “Finance.” However, technological change is impacting everyone at an accelerated pace, especially finance professionals. Innovation is becoming both the most creative and the most disruptive force in today’s financial ecosystem. As a result, disruptive innovation in