Wouldn’t it be easy if you had all of your client and employee database under one domain? Not having to keep a constant manual record of client profiles. Not having to email your customers for every little grain of information or constantly check on them to fulfill their details.
Enter, SaaS Subscription Management System.
Subscription Management is a part of recurring billing software that makes generating revenue and recurring income month after month easy. Only in this decade, there has been a massive increase in subscription management software, with more and more people converting to an online presence and needing software to help them manage their multiple accounts.
Not all such software delivers on its promise. You need to be very careful while deciding on software that completes all your requirements.
Take a look at the list below and see for yourself which subscription management software suits you best.
1. SubscriptionFlow
SubscriptionFlow is an all-inclusive subscription management software that is efficient and convenient to use. It offers multiple online payment gateways, automates billing, and reduces customer churn.
There are no hidden charges or hidden fees. You can fully automate your billing and get multiple integrations. This software works on usage-based billing meaning you only need to pay for the services you subscribe for. There is no up-front fee or charge. It comes with a self-service portal which also increases customer retention.
With SubscriptionFlow usage-based billing, customers will be charged according to their use of the goods or services that you provide. It is all you need to do is be certain of the product’s value and be aware of how to meter your products and services. The rest is managed by our subscription management software that is automated.
2. Chargebee
Chargebee is perfect for those who want to expand their business beyond billing. It comes with insights, graphs, and comparison data that allow you perfect coverage of all your customers. Also enables you to create personalized subscription plans and offers to upsell, cross-sells, and bundles opportunities for product subscriptions.
It also provides secure payment transactions. There are both annual and monthly payment options available with 4 different plans to choose from.
3. Zuora
If you want a more holistic approach to subscription management then Zuora is the right fit for you. Being in the market for more than a decade, they have improved on their offers and integrations drastically.
This platform offers real-time insights and lets you decide the entire management of your product. From billing to finance to customer data all are readily available for you to make smart and fast decisions about your business.
It has one of the largest datasets and a very intricate revenue procedure that can be exported at a moment’s notice.
No visible pricing strategy is available on its website. Instead, it encourages you to watch a demo and then contact their sales team for pricing packages.
4. Chargify
Chargify has a unique subscription system. It offers event-based billing solutions. which is a very goal-oriented software that simplifies and streamlines recurring revenue streams. Also cuts down heavily on manpower and offers an automated payment system.
It is one of the recognized leaders in SaaS businesses. They offers the right packages, adaptability, and optimization offer for its users. It provides its users with a flexible, stealthy, and simple solution that accelerates growth and drives revenue to a top position.
Multiple pricing options and upgrade is available. Customized pricing is also available for customers based on their specific needs.
5. Recurly
As it says on their website, Recurly is the subscription management and billing platform that drives transformational growth. It has simplified the billing process for all its clients. It gives you the offer to subscribe to multiple integrations and to launch new services on a global scale.
Insights and data are available only a click away with easy to configure pricing packages and promotions. Recurly has built-in support for complex billing scenarios and offers, quantity-based, usage-based, and hybrid billing models.
Recurly has 3 pricing plans available: Core, Professional, and Elite. Along with this, 3 currency options (USD, EUR, GBP) are also available. As your revenue grows the pricing plan also changes. For more information on this software, you can visit their websites or contact their sales team directly. Whichever platform you decide to go for, thoroughly research it and find the best fit for your business.