Top Subscription Billing Platforms 2020
Which One Should I Use? There are many subscription services around, and all have their pros and cons. Choosing a recurring billing platform will enable you to spend more time focusing on providing great products and services for your customers – but only if the subscription management software does everything you expect from it.
Here are 5 subscription management platforms to consider:
Salesforce is a big name across many industries, and the services they provide have been useful to thousands of people. The main use for Salesforce Billing is as a service to provide quotes and take payments with the inclusion of recurring billing features. Salesforce Billing itself requires a subscription to use it, starting at $75 per user per month. While having many useful features, each subscription for your customers must be configured individually.
Zuora provides the resources that allows companies to run subscription services easily. Multiple options are available for the different needs of their customers, including a standard billing platform, analytics, payments from worldwide customers, and subscription management software. While effective and useful, Zuora only provides pricing based on your business needs that are determined through conversations with their sales team. There’s no simple and transparent plan, and it is unclear how your pricing may compare to any other business.
Offering customizable user interfaces and secure payments with one-off or subscription payments through a recurring billing platform, FastSpring is a great solution. The downside is that the focus is entirely on software (Mac software publishers in particular) so unless you are in that market, its usefulness may be limited.
However, the pricing structure is based on a small transaction fee plus a percentage, which makes it ideal for business of any size. You won’t be paying for a service that doesn’t get used, and the final fees are proportionate to your sales.
ChargeBee is a recurring billing software that is built as subscription management software – it’s not a feature that’s added on top. Plenty of automation is included as is a CRM system, helping businesses in multiple ways. Pricing starts at $99 per month and can rise to $599 per month depending on the size of your business, which makes it one of the more expensive options.
Designed as a subscription ecommerce platform for products and services, the Xion subscription management software is easy to use for both businesses and customers. Analytics and automation relieve pressure from businesses to collect money.
Pricing is based on a 0.5% +$0.30 flat fee with no monthly costs, making Xion an ideal solution for any kind of business looking to work with subscription services.