More and more companies are looking to improve their revenue and drive sustainable growth by scaling their subscription offerings. They are looking to increase business growth and resilience by moving from one-time sales to recurring revenue. But organizations need to proactively design and manage subscription offerings to drive real growth.
MGI Research’s MarketLens™ Reports map a select group of billing software products against a set of coordinates that combines Billing Volume (BV) and Billing Complexity (BC) and Billing Complexity (BC) and Billing Agility (BA).
Like many other departments, finance teams are facing complicated struggles in a quickly changing world, yet they’re contending with unique challenges all their own. Whether it’s the rapid evolution of technology, recurring revenue complexities, growing attrition rates or the wake of the global pandemic’s effect on personnel, finance teams have a rocky road ahead.
There are obvious challenges when shifting your business to a subscription model, however, what many organizations don’t consider is the hidden minefield of unexpected challenges once you commit to one. In our latest guide, we unpack the five questions every business transitioning to recurring revenue needs to ask before making that shift.
For manufacturers, the time is now to move beyond subscription billing in order to maintain success and growth in the digital age. In our new guide, discover how customer demand in billing is evolving and how to prepare your manufacturing business for the coming changes.
If you are in the market for billing software, you know it’s an environment full of different terminology used to describe related ideas. Billing. Invoicing. Subscription Management. Recurring Revenue Management. And, our personal favorite - Monetization. All this terminology confusion can make it difficult to sort through what vendors are trying to sell you and, more importantly, what a particular solution will deliver.
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