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After working with thousands of businesses managing hundreds of thousands of pricing and billing permutations, we’ve learned that there is no one-size-fits-all strategy when it comes to invoicing needs. These growing needs require a new approach to invoicing configurability and flexibility that puts businesses in charge of defining their desired workflows, without writing and maintaining custom code. Today we announce Relationship Invoicing™, a redesigned,…
Most businesses start off with a simple, easy to manage set of offers comprised of a small number of plans using a single billing model for everyone. As businesses scale, this approach is replaced by an ever growing product catalog of different billing models, experimental plans, personalized pricing, and special promotions. Over time, the product…
Recurring businesses using promotions to influence customer behavior have continued to increase in popularity within both B2C and B2B. “If you build it, they will come” has morphed into “if you build it, they will come [or upgrade, or stay]…when you present the right offer, in the right place, at the right time.” Marketing, sales,…
We have heard it hundreds (if not thousands) of times: “But I simply need to bill my subscribers $xx/month. Why shouldn’t I just build my own logic on top of [insert gateway name]?” Although we can make a compelling argument, it doesn’t always win over prospects. Luckily, we hear back from many 2-3 months later…
While credit cards lead the pack as the primary payment method for subscription businesses, processing and transaction fees can quickly add up, especially for businesses with higher Average Revenue per Account (ARPA). Today we’re happy to announce that Stripe ACH has been added to Chargify’s growing list of supported payment options. This enhancement allows Chargify…
Modern businesses continue to move toward offers with complex pricing schemes that extend beyond traditional subscription-based models. Metered usage has become a popular choice because it allows service providers to grow revenue in line with their customers’ consumption and value gained. While usage revenue (often dynamic) and subscription MRR (often static) are different by definition,…
The subscription business model has transformed monetization strategies across almost every industry while the internet has made the business environment more competitive than ever. Modern subscription businesses must quickly adapt their tactics in order to maintain or gain a competitive advantage. So what differentiates the most agile subscription businesses? One factor is how they are…
Your finance and accounting team will love our new Finance Report that provides a comprehensive view into all things revenue and collections. Historically, you would need to perform time intensive ad hoc reporting to consolidate total revenue, define the granular subcategories of revenue, and reconcile all transactions at the end of the month. The…
When it comes to accounting and financial reporting, there is no room for error. If numbers are off, accounts won’t reconcile and reports won’t be accurate. The completeness of these reports are heavily dependent on the underlying transactional data found in your billing system. Chargify solves the complexities of recurring billing for subscription-based businesses. QuickBooks…
If you use Chargify’s Avalara integration to automate calculating and collecting sales tax, we’ve added a layer of tax reporting to streamline your bookkeeping and accounting. The new Tax History Report breaks down the subcomponents of taxes by each tax type, jurisdiction, rate, and amount providing a comprehensive view into all things taxes. You can…
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