Key Trends in Subscription Billing and Payments
Innovative companies like Dropbox, Salesforce, Hubspot and others have disrupted their industries with new models built on recurring revenue undermining their competition, reaching new customers and markets, and rapidly growing their revenue.
Despite the recent innovations, the subscription model is still in its infancy so the pace of change continues to be rapid. With information we have gathered from our own clients, through key industry articles, and via various conferences and events weve attended, we have put together a whitepaper outlining key trends we expect to see in 2015.
Heres a sneak peak at a few of the trends we expect:
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Automation
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Communication
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Customer self service
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Mobile
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Complex pricing models
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Customer metrics
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Revenue recognition
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Freemium
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Referrals
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Commission management
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Compliance
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Visibility to billing and payments
The growth of subscription billing over the last few years has been tremendous and the industry continues to evolve to address the needs of both the biller and the consumer. Download our whitepaper to read more about the trends we see for 2015