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In-Depth Comparison of 5 Monthly Recurring Billing Software

FastSpring

Checkout (including payment processing and gathering sales tax, GST, and VAT). Handling failed payments and customer notifications. Reconciling payment with accounts and remitting sales tax, GST, and VAT. The second factor to consider is whether or not the solution was built for your type of business.

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Get accurate financial metrics with Baremetrics

Baremetrics

Accuracy is an issue when it comes to financial metrics. Keeping track of all of your different sources of income, and doing so to the extent where you can say “this is the correct MRR for the entire business”, is nearly impossible. Another major question is deciding which financial metrics are worth tracking for your business.

Metrics 59
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How to Become a Shopify Partner

Neil Patel

As one of the largest e-commerce platforms on the internet, Shopify offers budding (and established) entrepreneurs a platform to sell their wares and increase their reach. With millions of active buyers on the platform, there is plenty of opportunity for brands to grow their revenue. That’s not all.

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Five Contract Renewal Tools to Increase Customer Retention

Totango

Knowing how to use technology to optimize your contract renewal process can increase your retention rates and your revenue. First, we’ll review what contract renewal is and what it means to automate the process. For companies, making renewal easier for customers increases retention, thereby increasing revenue.

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How to Launch a Subscription Box For Your Company

Neil Patel

Recurring Business Revenue. Plus, since your customers pay the same price each month, a subscription box offers some degree of stability in your revenue stream, which helps you predict your finances more accurately. Average revenue per user (ARPU): ARPU is how much money you earn per user. billion by 2025.

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What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

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

FastSpring

For example, Jon Torres — a digital marketing consultant specializing in SaaS commerce — noticed that, for some of his clients, refund requests spiked around renewal time. “It He then sent out a link to this page inside payment failure notification emails. Use the wealth of data you have on your customers to analyze your churn metrics.