article thumbnail

ISVs vs SaaS: What’s the Difference?

Stax

While they operate under different business models, ISVs and SaaS share similarities in software development, cross-platform accessibility, and industry reach. ISVs and SaaS providers differ in software distribution, licensing models, hosting responsibilities, support options, upgrade and maintenance procedures, and scalability.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Ways Managed Services Providers (MSPs) Add Top-Line Revenue

Blulogix

Consider adding services such as cybersecurity, cloud migration and management, data analytics, and disaster recovery to your portfolio. Design bundles that include essential services like network monitoring, cybersecurity, and cloud management.

Revenue 52
article thumbnail

Essential Considerations for Growing Fintech Companies

Valerian Tech

While each company's specific circumstances and business model foster its own unique set of issues to navigate, there are a few key areas that commonly prove challenging to fintech management. Introduction Fintech companies continue to revolutionize the financial industry.

article thumbnail

Micro SaaS and Micro-dropshipping Synergy: An Introduction to Collaborative Possibilities

How To Buy Saas

In the ever-changing world of modern business, micro SaaS and micro-dropshipping have emerged as two shining stars in small-scale entrepreneurship. These small, flexible business models show what it means to be an entrepreneur. Synergy is very important for small businesses, especially regarding their cybersecurity.

Scale 40
article thumbnail

Transitioning to SaaS, Best Practices and Lessons Learned

OPEXEngine

Ken Chow, CFO and COO of several private and public companies, spoke about transitioning Nominum , a private on-premises software company selling to telecommunication companies and service providers, that shifted to a SaaS subscription model because its revenue growth and enterprise value had stalled.

article thumbnail

Top 10 Compliance Tips for Startups

Scytale

Do your research to determine which standards and regulations apply to your industry, business model, and organization. Understand Your Obligations As a startup, you’re still subject to various obligations like any other business. Choose frameworks that match your industry and business model.