Being a SaaS company, it is natural for you to be excited about the growth of your subscription business. But ramping up your business means juggling with an increasing number of spreadsheets as you grow. This can not only slow your growth rate but also introduce the likelihood of errors and mistakes. To efficiently manage […]
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 […]
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 […]
Software-as-a-Service (SaaS), although highly beneficial for providers and customers alike, is also one of the most challenging businesses. Since customers can choose from a diverse set of features and services – based on their needs – SaaS companies have a tough time managing billing cycles, taxation policies, invoices, etc. for a customer base that only […]
Dropbox, a SaaS business giant, has over 500 million registered users. However, out of this only 11 million users are paying for their services – a mere 2%. Giants like Dropbox can afford to support such a large base of free users. Most SaaS business cannot. The ‘freemium’ model can thus, be a good method to […]
