Stax
JANUARY 29, 2024
In today’s fast-paced business landscape, efficient and seamless payment processing is paramount to your bottom line. However, staying focused on the big picture can be challenging if your business is bogged down by repetitive payments and intricate billing procedures—both common hurdles for a billing system with inadequate functionality.
Stax
MAY 20, 2024
Although your business has received payment, this cannot be credited to your bottom line until delivery of the product is completed. What accounting rules do subscription businesses need to abide by in order to stay compliant with global standards? This is important for subscription businesses due to recurring advance payments.
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Stax
JANUARY 28, 2024
This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers. The alternative?
Stax
FEBRUARY 28, 2024
Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. Software-as-a-service (SaaS) businesses need to constantly evolve their offerings to stay fresh and relevant. However, only 10% of them currently employ these models.
Stax
JANUARY 17, 2024
TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. This makes ACH PayFacs a desirable option for small businesses or start-ups. Let’s get started.
Stax
JANUARY 29, 2024
That’s why it’s not uncommon for SaaS companies and ISVs to find payment partners (like Stax Connect) who can help them implement payment services. Or, they might lack the flexibility to adapt to your evolving business. Here are a few signs that you should consider a new payments partner for your SaaS or ISV business.
Stax
DECEMBER 20, 2023
Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. Not to mention, payments serve as an additional (and highly lucrative) revenue stream for SaaS companies, so your business will also enjoy a healthier bottom line.
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