It might seem easy to charge your customers based on their usage, but there are hidden complexities to usage-based pricing most businesses don’t know about. We’ve served as billing experts for over two decades and have found a way to simplify your billing process while helping you grow revenue exponentially.
In the past, service providers would rely on finding data, manually bussing it into spreadsheets, reformatting, searching, and typing it into a recurring billing system. This happened every normal billing cycle – or more often! Needless to say, this can be a major drain on time and energy.
This type of manual, tedious approach to invoicing can work as long as your business doesn't grow.
Let a billing expert help with the backend details so you can concentrate on innovation, product education, and mission-critical projects, and maybe take a little more time off!
Here are a few things to consider about Rev.io pricing:
- We collect and analyze your data for you.
- You can pick the best subscription model based on your business.
- We accommodate complex pricing issues.
- You can divide your account into multi-locations.
- You can charge customers for overages during mid-billing cycles.
At Rev.io, our telecom billing platform will help you monetize and grow your business by managing offers, financial processes, and customer accounts. For more information on usage and rating, please read our case study: ATL Communications Automates Consumption-Based Billing. If you want to know how to leverage our new REST API, please read our REST API Integration for Usage-Based Billing post.
Billing doesn’t have to be such a problem for you. Let us help you save time and grow your subscription business. Reach out – contact Rev.io today!
Read original blog post here: Top Considerations for Adopting Usage-Based Pricing, Rating, & Billing