In the early days, running a software company, collecting payments was fairly simple. A customer buys a software license, and they get a product through download or CDs.
Fast forward to today when most B2B software companies started using a SaaS business model, and things aren’t as simple. You have to deal with multiple pricing plans, recurring payments (monthly, quarterly or annual payments), payments based on usage, add-ons, variable payments and the list goes on.
To put it simply in words, SaaS billing can get complicated, especially for Software businesses. Luckily, like most complex processes and tasks, billing can be simplified.
Muvi Billing a plug-and-play subscription management platform designed to manage the complete billing cycle for SaaS companies. Muvi Billing’s automated system manages complex billing processes, varied payment modes, recurring revenue streams, taxes, payments, subscriptions, and much more.
Your subscription model should be built around your customer, not the other way around. This means your billing platform should be flexible enough to accommodate the needs of every customer. Muvi billing allows you to manage the subscription plan changes, handle the customer communication, access the billing history, current balances, renewal dates, active coupons, notes, and much more.
Of course, every subscription business comes with a churn. It’s the nature of the business. A billing platform must handle the required changes that can reduce the involuntary churn and become a revenue generator that directly impacts the bottom line. With Muvi billing, stay assured with end-to-end management of your users’ subscription billing lifecycle. Get paid on time with automated recurring billing with customizable auto-generated invoices
To reach and retain users across the globe, accepting payments through multiple payment gateways is a must. And Muvi Billing supports this out-of-the-box! Muvi billing offers 17+ payment gateways to transact through. You can also integrate your preferred payment gateway or even integrate your own, out-of-the-box and accept payments in local currencies across the world.
The intricacies of managing compliance and tax issues grow exponentially as you scale your markets and expand into new geographies. Muvi Billing helps you manage all these aspects, like localizing customer communications in their respective languages, billing across multiple currencies, and offering a choice of payment methods before they become a limiting factor to your growth.
Thrive on predictive intelligence on price, inventory usage, and generate shareable custom reports, scorecards, and more. Go beyond the basics of MRR and drill down into other metrics like Average Revenue Per Subscription, Lifetime Value, revenue for specific regions, customer segments, and payment gateways, etc. Collate the actionable insights at one tap before turning them into lucrative sales proposals.