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Metered Billing or Usage Based Billing – Pay as You Go

One of the biggest impact of the cloud shift has been on the way customers expect to use and pay for services. Metered Billing or Usage-based billing /pricing is rapidly becoming popular across industries. Within the communications sector, customers are being charged for services used, For example, based on call data records and parameters like […]

The Unseen Benefits of a Good Subscription Management Software

In the world of subscription business, managing sundry operations is never easy. From acquiring new customers to renewing existing contracts, customizing and personalizing plans to accurately billing customers, scaling to meet growing needs to tracking add-ons and discounts – efficient management of all aspects of a subscription business requires organizations to invest in a powerful […]

A Handy Checklist for Selecting the Right Subscription Billing Software for Your Business

Anybody running a subscription business knows how tough it is to keep track of customers, ensure timely collections, manage new subscribers, and renew subscriptions while ensuring the organization is up and running to its maximum capacity. Adding credits, extending the trial period, changing billing dates, offering discounts, and activating and cancelling subscriptions only add to […]

Tools That You Need for Monetizing Your IoT Solutions

As Internet of Things (IoT) becomes more and more popular, many businesses are looking to leverage the concept through subscription commerce. With innovation becoming a key driver for subscription-based businesses, and with competition heating up, businesses are looking for new ways to provide value to customers. Addressing unique customer demands requires providers to tactfully monetize […]

The 5 Critical Pillars of Monetization Life Cycle for UCaaS Providers

For UCaaS providers, monetizing offerings is a complex undertaking. Packaging and pricing the various service bundles is not only challenging but also time-consuming. When monetization decisions are based on instincts rather than on facts, the end result is lost customers, lost revenue, and lost name in the market. Addressing customer demands while maximizing revenue requires […]