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Unearned Revenue: What it is and What it Means for Subscription Businesses

Stax

When can revenue NOT be counted as revenue? The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once.

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Recurring Payments: Definition and Implementation Best Practices

Stax

We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Industry data shows that subscription-based businesses are growing 3.7x So, let’s dive into the realm of recurring payments and how they can benefit your business.

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Empowering Your Business with Stax Bill: A Comprehensive Guide to Billing Platforms

Stax

As industry leaders in billing software, our mission is to help our customers work more efficiently, recover more revenue, and effortlessly collect invoices. Subscription-based billing platforms ensure accurate billing cycles, efficient invoicing, and seamless customer subscription handling.

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Subscription Billing for Businesses: Everything You Need to Know

Stax

Long before the digital age, newspaper and magazine companies have been using the subscription model to create and retain a consistent readership for their publications. 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.

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

Stax

Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. They must engineer a well-rounded solution that makes handling subscriptions a breeze (and yes, it is as hard as it sounds). However, only 10% of them currently employ these models.

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How to Choose the Right Payment Processing Software

Stax

TL;DR A payment processor is one of the most important components of your tech stack. When comparing the payment service providers, you must consider factors like compatibility, security, payment methods, cost of equipment, processing fees, and room to scale to ensure you are making the right choice.

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What is a Payment Management System?

Stax

Here’s where a Payment Management System (PMS) can swoop in as your financial hero to understand your business better. TL;DR Payment Management Systems manage payment processing so you can accept payments, send invoices, track transactions, and view financial data. What Are the Benefits of a PMS?