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The Ultimate Guide to Software Customer Churn

Stax

The average churn rate for the software industry as a whole is 14%. As a SaaS business leader, reducing software user churn is an important part of maintaining your customer base and increasing revenue. TL;DR The average software industry churn rate is 14%, but SaaS companies should aim for under 2%. Looking to measure churn?

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What is a Payment Processing System and How Does It Work?

Stax

To address evolving customer demands and accept electronic payments, you need a payment processing system. A good system plays a vital role in managing cash flow, alleviating fraud risk, and enhancing customer satisfaction. This article dives into what a payment processing system is, how it works, and its benefits.

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Quicken vs QuickBooks: Which is Best for Small Businesses?

Stax

Small businesses in America and worldwide have to choose from a wide variety of accounting software solutions, and this range of choices can be overwhelming. Research shows that 64% of small businesses use accounting software and the market for accounting software solutions is projected to be worth $4.3billion by 2023.

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

Stax

However, staying focused on the big picture can be challenging if your business is bogged down by repetitive payments and intricate billing procedures—both common hurdles for a billing system with inadequate functionality. Stax Bill simplifies invoice and subscription billing management by automating manual financial processes.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Types of payment systems include hosted gateways, self-hosted gateways, and API-based payment systems. Here are the players and how they work together: Payment gateway – The customer-facing application connecting the eCommerce store to the payment processing system. But your business needs might change over time.

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Stax vs Riverside Payments: Which Solution Should You Choose?

Stax

There are many processors out there that claim to save you money, and in this post we’ll take a look at two of them: Riverside Payments and Stax. The company has EMV enabled point of sale systems to accept digital wallet payments as well as cards. For POS systems, they have partnerships with Clover, Revel, Ovvi, or TouchBistro.

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How to Find the Right POS System Retail: A Step by Step Guide

Stax

Following this approach, most retail business owners try to find a Point-of-Sale (POS) system for retail businesses that can make their operations (especially in-store) more efficient, manageable, and cost-effective. TL;DR When shopping around for a modern POS system for retail businesses, you should consider a few critical requirements.