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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. How do you add payment processing capabilities to your software? By partnering with a trusted SaaS billing platform.

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

Stax

Physical and eCommerce product subscription businesses are expected to make up 45% of the market’s value. In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option. Consider this: Consumers are already conditioned to the subscription model.

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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business. In fact, 81% of large retailers say that real-time payments are critical to their operations.

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CFO Tools You Should be Using in 2022

SaaSOptics

As the world’s #1 CRM platform, Salesforce can do everything from providing more insight into customers or sales to improving inter-company communication for better customer service. Utilizing ePay tools makes sending invoices and receiving customer their payments easy. Stax prides itself on being more than just an invoicing platform.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. Among other functions, it assists companies with liaising with healthcare professionals, tracking sales metrics, data analytics, and process documentation. Contact us to learn more about Stax Connect.

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How to Understand Your Profit and Loss (P&L) Statement

Stax

This information can be pulled from accounting software like Quickbooks if it is up to date with transaction data from sources like your payment platform provider. Operating income is a key metric for evaluating operational efficiency and management effectiveness. Public companies will always use the accrual method.