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How to Choose the Best Billing Software for Your Business

Subscription Flow

In today’s fast-tracked financial landscape, billing software has become a need. That is why most modern SaaS and subscription-based businesses have transitioned to using a good billing software, reducing their workload by a great deal. A billing software is the ultimate solution to your growing business’s complex needs.

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Only 11% of Public SaaS Companies Sell Just to SMBs

SaaStr

But SMB SaaS has a lot of challenges, too: Churn is much higher. Now one really important note: I excluded Adobe and Paypal from the list, because they are just so old. But Adobe definitely counts in “Mixed”, and Paypal definitely counts as SMB. After all, there are far from SMB customers than enterprise ones.

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6 Payment Acceptance Obstacles SaaS Companies Face and How to Avoid Them

SaaStr

Whether we want to admit it or not, payments can play a big and often unseen role in contributing to or reducing customer churn. By contrast, only 12% of online purchasers in Germany stated that a debit or credit card was their preferred payment method, with customers opting for alternatives such as invoices or PayPal. Reducing Churn.

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SaaS Billing Software: 7 Tools in 3 Categories & How to Choose

FastSpring

SaaS billing software automates one or more of the various aspects of the recurring billing process — payment processing, fulfillment, dunning, and more. With many payment processors, you’ll need additional software to manage complex recurring payments, taxes, chargebacks, dunning, and more. 3 Subscription Management Software.

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In-Depth Comparison of 5 Monthly Recurring Billing Software

FastSpring

There are tons of monthly recurring billing software solutions available, so it can seem difficult to determine which one is right for your business. Wave: Invoicing and Accounting Software for Small Businesses. InMusic Case Study: Learn how InMusic, an audio software company, reduced cart abandonment by 30%.

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SaaS Billing Best Practices: 10+ Subscription Strategies for SaaS and Software Companies

FastSpring

Each of the companies Jon worked with lowered churn by creating a better notification process, including a reminder about their renewal six weeks prior to the billing cycle. In this piece, we offer seven case studies from SaaS companies — small tweaks they made to reduce churn and increase customer LTV. Small things matter,” Jon added.

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How NitroPack Grew by 628% With FastSpring

FastSpring

When NitroPack was first getting started, they used PayPal to accept and process payments. “It Why NitroPack Couldn’t Scale PayPal NitroPack faced two issues trying to scale using PayPal. With PayPal, You’re Not Automatically Sales Tax and VAT Compliant The biggest issue was tax compliance. The problem?