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Recurring Payments: Definition and Implementation Best Practices

Stax

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. There are a few types of recurring payments to be aware of, which one your business uses will depend on the business model and need for recurring or automatic payments.

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Recurring Billing: Definition, How it Works, and Best Practices

Stax

Recurring billing is a subscription payment model that automatically charges customers at regular intervals for access to a product or service. This business model is used for subscriptions, memberships, retainers, and other solutions offered on a recurring basis. Learn More What is Recurring Billing?

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Empowering Your Business with Stax Bill: A Comprehensive Guide to Billing Platforms

Stax

This model is well-suited for industries where usage varies from month to month. Key Features of Billing Software Recurring billing and automated subscription management and payment processing One of the main benefits of a subscription business model is revenue forecasting and product flow predictability.

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It’s Time to Raise Your Debt Facility: Execution Tactics for Founders

Andreessen Horowitz

The closing process typically takes about 4 weeks, which allows for legal documentation negotiation, account opening (if the lender is a bank), and the completion of all necessary compliance documents. It’s also important for companies to walk through their business model and demonstrate how they make money.

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Managing a Thin Balance Sheet: 4 Lessons Learned From Laika’s $2 Billion Acquisition with Laika Co-Founder & COO Eva Pittas and CFO Dicken Chaplin (Video)

SaaStr

Founded in 2019, Laika (an enterprise-ready compliance platform) closed a $50MM Series C by the summer of 2022. Eva Pittas (Co-founder and COO at Laika) and Dicken Chaplin (CFO at Laika) discuss the value a well-versed CFO brings to their business as well as a few key lessons they’ve learned along the way. Live and die by the forecast.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Forecasting can be tricky when you have to predict the interchange rate, plus the transaction fee. Physically, it appears to be a quick insertion, swipe, or other entry of numbers.

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3 ways SaaS CFOs can prepare for hypergrowth in 2022

OPEXEngine

In recent years, the CFO role has evolved from being guardians of the compliance, accounting, F&PA, and forecasting functions to someone who can view and understand metrics to make data-driven decisions for scalable near and long-term strategy, As you plan for 2022, here are three things to help you prepare for hypergrowth.