Why should you use a
Subscription Billing Platform?
Billing and Operations are complex for subscription-based businesses.
A comprehensive overview of subscription billing platform - key features, core functionalities, advantages and more.
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A subscription billing platform helps you enhance your customer's experience, eliminate revenue leakage, discover new revenue potential, increase customer retention, and streamline the entire subscription lifecycle.
Billing and Operations are complex for subscription-based businesses.
Serving customers in a subscription business can be tricky. With upgrades, cancellations, add-ons - keeping track and acting upon all these changes becomes challenging to say the least. A subscription management platform serves your customers' ever evolving preferences at a flick of a button.
Are you overpriced or underpriced? You'll never know your product's worth without experimenting with pricing. Test multiple pricing options by adding, removing, bundling and grandfathering plans. Arrive at your ideal pricing sooner with a data-driven approach.
Get intelligent dashboards with critical subscription KPIs for executive, sales, finance and marketing functions. Make use of valuable insights derived from metrics to make your data-driven decisions.
With inbuilt capabilities like coupon management, prorated billing, variable billing cycles, multiple payment methods - customer experience gets optimized in your billing process.
From providing the customers a simple and seamless payment experience to handling complex tax calculations, prorations, varying billing cycles, and more, an ideal subscription billing platform should walk the fine line of balancing both complexity and simplicity.
A subscription billing platform is an integral part of your revenue workflow. As you grow, changes in processes and tools are inevitable. So, the ideal recurring billing software should be flexible and robust enough to support your needs today, tomorrow, and until the end of time.
New compliances like PSD2 / SCA pop up every other year. The best recurring billing solution easily adapts to this ever-changing land of compliances. Being SOC-1, SOC-2, and PCI compliant is the least any recurring billing software must possess to ensure your data security.
See how Chargebee handles your customer's end-to-end subscription lifecycle
Bill yearly, monthly or for any period — even days. Charge your customers based on usage, if your pricing strategy asks for it. Choose to renew billing cycles based on the date customers signed up on, or bill all customers on a specific date.
Level up your invoicing with advance invoicing capabilities such as consolidated invoicing, advance invoicing, credit notes to manage refunds, and an inbuilt global tax management module.
As for accounting, a subscription billing platform should be capable of integrating with popular accounting software and keep your records in sync between multiple systems. This helps your finance team to generate reports more accurately and quickly without losing any precious data to manual errors
Manage trials, assign credits, issue refunds, make mid-subscription changes, and allow unscheduled billing. Get a unified view of all subscriptions and customer data in one place and bring more context in engaging with them. Roll out new subscription plans rapidly with flexible billing frequencies.
Processing your payments through just one payment gateway is literally setting yourself up for failure. You are potentially losing revenue from soft errors, customers who prefer different payment methods, and more. Don't let your customers think twice at checkout. Give them every option possible from Credit Cards, PayPal, Amazon Pay, Direct Debit to Offline Payments like cheques. On average, a customer should have at least 4 different payment options.
From lead to ledger - Chargebee's feature set spans much wider than just Billing Automation. You also get a dedicated subscription management system, revenue recognition engine and revenue operations suite literally for the same price bundled together.
Chargebee provides the state of security infrastructure for all your transactions. Being PCI, SOC-1, SOC-2, ISO compliant, you needn't fret about your data being secure.
We ensure that customers are always well-taken care of, round the clock with our 24x7 customer support.
Nothing is more authentic than our users rating us as their #1 solution for recurring billing according to G2.
You can leverage the expertise of our consultation team to choose the right plan
For agile startups that want to grow their revenue with quick experiments and data-driven decision making.
For fast-growth scaleups that want to grow by maximizing efficiencies in their revenue operations.
For large businesses looking for enterprise-class compliance while diversifying revenue streams.