Is your system ready for pay-per-use and other models?
Subscription billing has taken our economy by storm, and probably you have also embraced the subscription economy. With the anything-as-a-service, it was paramount to ride the recurring revenue wave and to make your products and services available as a subscription. But has it delivered to the promise? And have you seen the results from your subscription billing? In this blog, we discuss the limitations of subscription billing and where to go from here.
The rigidity of subscription billing
Anyone who has a gym subscription will instantly recognize the issue with recurring revenue. You either paid too much or way too little. Similarly, how are you sure you have optimized your recurring revenue? And how will this evolve in the future?
A modern billing system will be able to adjust seamlessly to your current and future billing needs.
From Subscription to pay-per-use
Recently, one of our clients told us their clients were asking them to adapt to their new reality:
“Our clients love our product, but the usage of it varies wildly during the year. As they charge their clients after they delivered, our monthly fee is either too high and eats up a lot of the cash flow, or too low in relation to the usage.” Your subscription model is too narrow for us. We would love you to adopt a model that reflects “pay-per-use”.
Agile billing: flexible billing to fit your needs
How can you keep and optimize your recurring revenue beyond subscription billing? By adopting a future proof agile billing system, that -no matter what happens- can cope with the business models you apply to meet your future demand from your clients. Sounds complex? That is what Good Sign has been doing since it was founded, helping clients deal with complex contracts to meet the most demanding situations.
As a result, we now have one of the most agile billing offers on the market.
Take us to the test!
If you feel your billing needs will outgrow your current recurring revenue billing solution, or if you are just curious to learn how Good Sign does things differently, feel free to take us to the test! We will gladly take on your challenge and prove to you it can be done, and that the new world lies beyond just subscriptions.
We at Good Sign help our customers solve existing pain points in monetizing service contracts and managing subscriptions and pay-per-use services. We help companies freely grow scalable services.
Feel free to contact us and let’s have a chat on how we can support your company.