“We looked at PayPal and Amazon Flexible Payment services, but neither of them allowed us to maintain flexible pricing structures or made it easy to do variable monthly billing without a significant development effort.

Divesh Sisodraker
JobMagnet

Monexa Newsletter

Stay up to date on the latest news from Monexa.

 

Subscription Billing

Download our Capabilities Matrix PDF


Subscription billing accounts
Our Accounts module is the heartbeat of any subscription business. See all your billing accounts and subscribers in one place. Get up to the minute details of new customers and any subscription changes.


Feature Description Benefit
Centralized Subscription Management Manage all of your subscription billing accounts and individual subscribers in one location. Quick access to the key information that drives your subscription business. No longer sift through spreadsheets to get accurate information about your subscribers.
Consumer Subscription Billing Track subscribers for consumer billing models where each billing account is a subscriber Many billing software solutions are designed for enterprises sales only. This results in cumbersome subscriber tracking.
Enterprise Subscription Billing Track billing accounts separately from subscribers. Allow billing accounts to add and remove subscribers as they need. Most subscription billing solutions make it difficult to track corporate sales models and identify important subscription business information such as the average number of subscribers per customer.
Subscription Business KPIs Track the crucial Key Performance Indicators of subscription businesses:
  • Committed Monthly Recurring Revenue (CMRR)
  • Churn
Get this crucial data from one place. ERP and Finance solutions simply can't track this information for subscription businesses.
Account Balances and History Track balances and change history for each account. In one location your support and sales teams can see the complete account billing and subscription history.
Account adjustments and Credits Easily make billing adjustments or modify subscription details for each account. Centralize all account related activity.
Subscriber Notifications Send automated subscriber notifications after important subscription billing events. Ensure your subscribers are kept informed of upcoming billing and service events and increase your free trial conversion rates.
CRM integration Push new subscribers directly into your CRM system. Excellent tool for identifying all of your free trial users for follow-ups.
Marketing opt-in, opt-out Allow subscribers to opt-in or opt-out of marketing notifications to support anti-spam legislation. Ensure customers are in control of the communication they receive.