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

Stax

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. Key Benefits of Automated SaaS Billing Systems Embracing automation with solutions like Stax Bill enables more efficient and accurate subscription management. Real-time insights.

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

Stax

As well as identifying inefficiencies in payment processing or customer communications, DSO is a key financial benchmark to assess liquidity and the state of accounts receivable. Case in point: Stax Bill , a recurring billing and subscription management platform that automates payments. Learn More What is Days Sales Outstanding?

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Among other functions, it assists companies with liaising with healthcare professionals, tracking sales metrics, data analytics, and process documentation. HubSpot’s acquisition of chatbot system Motion AI, for example, was a response to growing customer demand for on-demand communication systems.

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

Stax

You need effective dunning management in place, which involves communicating with customers to update payment information to resolve failed transactions. Personalization could be recommending relevant add-ons or sending customized communication based on their unique preferences and behaviors.

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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. Stax prides itself on being more than just an invoicing platform. They have a whole host of CRM tools to browse. Sign up for a free demo here.

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

Stax

Operating income is a key metric for evaluating operational efficiency and management effectiveness. Transparent communication based on P&L insights helps build trust and confidence among stakeholders. A healthy operating income indicates that a company is generating profit from its primary business activities.