If you have many customers, order management and manual billing can be time-consuming and inefficient. With a subscription-based business, you need to collect all your customers' details in one place, such as their chosen package, phone number, address, billing setup, etc.
Does all this offline pen and paper ensure productivity and security?
Almost certainly not.
To effectively manage massive amounts of data, you need subscription management software that helps you centralize all the data and manage all aspects of your order management.
Subscription billing software also streamlines the data retrieval process, saving you time and effort to manage payments, track payment attempts, and perform collection tasks.
In this article, I've covered 5+ of the best free trial Subscription Billing software that automates the entire order journey, including billing and shipping.
Table of content
1 Comparison of the best order management software:
1.1 1) INVOICERA
1.1.1 Customer portal integration:
1.2 How does it fit with your billing software?
1.3 2) CHARGEBEE
1.4 How does it fit with your billing system?
1.5 3) HIVEAGE
1.6 How does it fit into your billing system?
1.7 4) CHARGING
1.8 How does it fit into your billing system?
1.9 5) Zoho subscriptions
1.10 How does it fit into your billing system?
2 How to choose the best software for your business:
A comparison of the best subscription invoicing software:
1) INVOICERA
The most selected and easy-to-use subscription invoicing software, "Invoicera," is available at a meager lifetime purchase price. In addition, it offers access to an endless range of customers, invoices, and advanced features, as well as 24/7 live chat support; all included at no extra cost.
As a subscription business owner, you can quickly generate online invoices for your customers without using a single piece of paper, following a simple three-step process.
Some attributes
Real-time reporting
The software can generate several real-time customer reports, such as outstanding invoices, payments made, invoice amount, and age, to improve your customer management system.
Automated billing and payments
With this software, you can automatically accept payments from customers electronically using automated billing software. This comes in handy even when an invoice is overdue, and you need to collect it.
Manage every aspect of your business
In addition, recurring billing software helps businesses invoice customers regularly, increasing the efficiency of the invoicing process.
Customer Portal Integration:
Customers can view/update their account information, orders and even cancel their orders through the software's integrated customer portal.
How does this fit into the billing software?
The subscription billing system is designed to work on a variety of platforms, including mobile apps and websites. It's a great choice for a wide variety of consumers, from freelancers to large businesses looking to grow across multiple channels.
Invoicera is a hybrid service that includes a payment gateway, merchant account, and subscription management tool. If needed, it can also work with your existing merchant account.
Billing plans:
Invoicera offers 4 pricing options, as well as a free trial. You can also request a free demo to see how this app works.
The Plan is completely free for the rest of your life.
Pro Plan
Upgrade to the PRO plan if you have 100 active customers and recurring profiles. Customer/vendor portals, multi-language billing, automatic invoice scheduling, 30+ international payment gateways, and more are included for $15 per year.
Business Plan
You'll pay $29 per year for 1000 active customers. Includes features like 10 customers, PDF security, approval process, and more.
Infinity Plan
This Plan allows you to have an infinite number of clients and staff. You will pay $149 per year to get this.
2) CHARGEBEE
Chargebee is a secure and reliable recurring billing application that can handle even the most complex recurring billing and subscription tasks.
It supports multiple payment gateways, including PayPal, Stripe, Authorize.Net, Braintree, and more.
How does it fit into the billing system?
Chargebee's dashboard displays all-important key metrics, such as MRR and CMRR, chargebacks, transaction patterns, enrollment and activation patterns, etc., which will help you determine the health of your business.
This subscription billing software keeps you up to date with all your business activities, ensuring you never miss any important detail.
Billing Plan:
Chargebee offers 3 plans Go, Rise and Scale, with a 30-day free trial.
Go Plan: you can budget up to $99 per month. If you exceed this amount, you will have to pay an additional 0.5% of your income.
Rise Plan: With the Rise Plan, you can manage $299 per month plus 0.6 percent of excess income.
Similarly, the Rise plan costs $329 for additional sales.
Scale Plan: The Scale Plan requires you to pay $599 per month in exchange for $75,000 in sales.
3) HIVEAGE
Hiveage is a web-based recurring billing and subscription management tool that streamlines all aspects of subscription management and provides detailed payment reporting to help you run your business more efficiently.
This application also includes more than a dozen payment processors, including PayPal, Stripe, Authorize.Net, Braintree, Razorpay, Securepay, Wepay, and others.
How does it fit into your billing system?
The software allows you to invoice your customers regularly quickly, weekly, weekly, or yearly. And you can use the app to provide different levels of access for your employees, managers, and contractors.
Using the simple Hiveage invoice status labels, anyone can easily track which invoice has been sent to a customer and whether or not the customer has seen it.
Price plans:
Starter Plan: - The Starter Plan charges $19 per month.
Basic Plan:- The Basic Plan costs $39 per month.
Studio Plan:- The Studio Plan charges $69 per month ($59 per year).
Corporate Plan:- The Corporate Plan costs $99 per month ($79 per year)
4) CHARGIFY
Chargify is a fantastic subscription and recurring benefits maximization software that takes care of all the complex subscription tasks and provides detailed reports on your business activity.
It integrates with all major payment gateways, including Stripe, Paypal, Authorize.Net, Braintree, and others.
How does it fit into your billing system?
Chargify is a subscription management system that includes recurring billing, customer service options, and tracking, among other features. The software integrates with over 20 gateways to a merchant account.
Pricing plan:
Essential Plan: The Essential Plan costs $149 per month, plus 1.2 percent of monthly income.
Advanced Plan: The Progressive Plan costs $299 per month, plus 1.2 percent of income.
Enterprise Plan: this is a customized plan; to set this up, contact the Chargify sales team.
5) Zoho subscriptions
Zoho Subscriptions help you simplify the management of your subscriptions. It allows you to create a free trial account (no credit card required) and only charges you when you start billing customers. The "sandbox" environment allows you to try out different pricing models to see what works best for you.
How does this fit into your billing system?
Subscription management, real-time instant reports, and automatic payment reminders are all included in Zoho Subscriptions. Multiple payment portals are integrated into the product.
Customers can expect simple and transparent pricing from Zoho and a free 15-day trial package to test the functionality and performance of the service.
Pricing plan:
The basic Plan, 49 USD per month. 500 customers.
Standard Plan:
For $99 per month, 2,000 customers get a hosted payment page and multi-currency support.
Professional Plan
249 USD per month. This Plan is better for 5000 customers and includes all the features of the standard Plan and much more.
Choosing the best software for your business:
I hope this article will help you find the best subscription billing and recurring billing software for your subscription business.
Above, I've listed the best subscription management software with a free trial, so you can try all the software for free and see how they work and how they can help you.
Now all that's left to do is half the job. Compile a list of your company's requirements, compare them with the resources available, and choose your business's best subscription management software.
I hope you enjoyed this article!
original publish at shiftedmag.com
Business models are considerably evolving with the technology, and when it comes to choosing the right choice for your business, you have to consider the long term benefits that will have a strong impact on your overall business later wards.
The most projecting reason behind using the SaaS subscription management software is its ease of providing services to businesses and end-users without taking the burden of maintaining infrastructure.According to a survey, 16 % of the business companies were using the SaaS subscription management software back in the year 2016 and the adoption is expected to increase this year.
This means that companies are relying on the best subscription management software for their business processes and getting their requirements done.Benefits of using SaaS Subscription Management SoftwareFlexible payment methodsHaving said that, one exclusive benefit that the SaaS subscription management software provides users with is its pricing strategy.
It enables users to pay only for those services they intend to use rather than paying for the complete software.No Operational CostOne more benefit that the SaaS subscription management software brings on the table for its users is, there is no need to think about managing hardware related issues.
And due to the nature of cloud computing in SaaS subscription software, it enables your business to operate at the forefront of software development, which means that shifting from the regular software will not only benefit the company's operational budget but also create a considerable increase in efficiency, productivity, and accessibility of business operations.Apart from the cloud technology that SaaS offers to its users, there are certainly other elements that need to be considered while shifting towards the best subscription management software which isTime ManagementWhile you deploy a cloud-based system across your subscription business you do not need to invest additionally on hardware.
As the cloud solution deployment time is nothing as compared to on-premise systems.
We go for Netflix instead of regular TV, for Dollar Shave Club instead of a regular shop, for Blue Apron instead of cookbook recipes.
The subscription business model is a modern approach towards older services like daily newspapers and monthly magazines.
But to be precise, the subscription business model is a part of the freemium business model.
It provides a free product with limited features or sometimes fully apt product and a paid product providing all features or add-ons with extra features likewise.
The membership websites are generally based on skill sharing like art, dance, music, or cooking tutorials.
They give a free trial of generally a month or 7 days which results in user engagement and users often take the paid subscription plans.
Youtube POP-UP Subscription Button is a very attractive way to gain more subscribers quickly.
First copy this link:- https://www.youtube.com/channel/UCjwBf_7Tf6x-4lMn1erWqQQ?sub_confirmation=1
Then go to 'Channel Setting'.
Then go to 'advanced setting'.
Then you will find your 'channel id'.
Then just copy the id and then replace the id in the link which I give it first.
Foom, a Food and drinks startup raised of $46,000 in a seed funding.
A Delhi based Investor have given this amount to the beverage drink venture to expand the business.Foom is basically a food and drinks startup founded in 2017 which follows the subscription based model in which one can enjoy one drink every day in different bars and restro bars/pubs for 30 months.
The company currently partnered with the 40 restro bars with in the Bangalore.
The company currently works with in the Bangalore, Foom is planning to invest a large portion of the investment its mobile app “FoomApp”.
Users can download the app can subscribe the service by which they can taste different luscious drink every day.
By raising the Fund company the started to plan future goals and targeted to provide its service in major cities by the end of 2019.
