Everything related to Upodi and the Subscription Economy
As your SaaS business grows and you start scaling, two things happen: the pressure on your tech stack rises, and the workload on your employees increases. Subscription billing complexity reaches new heights, pushing you to explore new setups or solutions.
If you run a SaaS company, you must have felt the pain of customer churn. There can be many reasons why customers are leaving, but more often than not, one of the main factors is how you manage subscriptions. Do your subscribers have payment options? Can they pause their subscriptions? Do they have a good user experience?
If you run a software company yourself, you already know that the SaaS business model, for all its benefits, comes with its own challenges. With a few recurring revenue streams and varied pricing, billing management can quickly become a burden. Manage increasing billing complexity with success by following a few billing best practices.
There are many ways to earn money as a SaaS business. And whether you are just starting out or already have an established subscription business, you can always explore alternative SaaS recurring revenue models to increase profit.
Your subscription-based business is booming and you are ready to scale. Yet you have concerns about how this could affect your recurring billing management.
The day is here. Whatever solution you have for managing your recurring billing - you realize it just doesn't cut it anymore. You are tired of how long it takes to handle invoicing, ARR calculations manually, dunning, or subscriptions and are ready to automate these tasks.
Revenue collection is a vital process for any recurring billing company, regardless of your subscription business model, and this is why it is crucial to ensure its proper management.
As more and more companies shift their business towards recurring billing, you may be sitting thinking: what is it exactly, and is it worth the fuss?
Your subscription-based business is booming. Subscribers are going from hundreds to thousands and you are looking for tools to sustain that momentum, such as a software company to support your subscription and recurring billing management. Or well, perhaps you already got one but it just cannot seem to get your MRR or ARR calculations right?
No matter what recurring billing company you run, managing subscribers, pricing, calculating ARR or MRR can be a daunting task. Especially if you are a successful, rapidly growing business. Isn’t growth a positive thing? Sure. But it also means an increasing number of subscribers and a more complex system to take care of.
The fish model - Why the transition to recurring billing costs and how you can minimize that cost.
One of the questions I often receive is this:
WEBINAR 3/11 w. Ed Ley and Jakob Soderberg
“I want my ….. “🎸
“I want my MTV….”
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Hey Jakob?
❓ Why should you consider a subscription business instead of a traditional transaction business ❓
Most businesses have experience of the frustration of chasing late and unpaid invoices. Missed payments cost you precious time and resources in chasing up, and the disruption to your cash flow can also affect your business in other ways.
Do as Keatech and add a big spoonful of Upodi to your subscription business.
Imagine that you where dealing with this dilemma:
While focusing on churn rate can be seen as a negative, with many SaaS companies instead looking to focus on the positive aspects of their retention rate, putting a focus on this metric can have a huge impact on your business growth.
If you plan to secure investment to help you grow your SaaS business, the discount rate is a crucial metric of which you will need to have a grasp.
