Author: Pabbly Team

No doubt payment gateways offer decent billing services but they lack in certain functionalities which may occasionally lead to the leak in the revenue stream.

Haven’t you faced this problem already?

Hence it is wise to double-up your business with a reliable revenue management software as it can intelligently manage your recurring billing, invoicing and subscription payment process.

Now comes the cumbersome task to find the perfect revenue management software for your business.

Lucky for you, this blog lists top revenue management software for billing, invoices & payment related processes along with their key features.

You may also come across through some revenue management tools through which you will be able to create unlimited subscriptions & generate limitless revenue from them. That’s a neat trick!

Everyone would love this thing. But to keep the suspense into the closet, we’d advise you to read out this article & finalize the best revenue management service according to your needs!

For more related information go through the following blogs –

• Revenue Optimization Software
• Chargebee Alternative

Let’s explore them individually –

1. Pabbly Subscriptions Billing

Pabbly Subscriptions Billing is a new yet a robust contender that automates all your manual processes in subscription billing.

This tool offers best-of-breed features for your complete billing needs and with it, you can expect more by giving less. This software is in charge of the entire customer lifecycle and it takes care of accepting payments, handling customer’s subscriptions, generating coupons, promo codes etc.

Pricing-

This tool has 3 pricing plans. All of them doesn’t have a limit on revenue generation.

• Starter – The Starter plan costs $19/month on a yearly basis & $29 if you choose a monthly plan for up to 500 customers & their unlimited subscriptions.

• Rookie – For the Rookie plan, you have to pay $29/m (yearly plan) & $59 (monthly plan) for 2000 customers. Also, you can create unlimited plans for your products according to the needs.

• Pro – It charges $49 per month if you opt for the yearly plan and $99 if you choose a monthly plan. In this plan, you will get to work on unlimited customers from whom you can generate unlimited revenue.

Features-

• Pabbly supports multiple currencies, multiple payment gateways and multiple payment options hence providing global feasibility to your customers.

• Its PCI-Compliance makes payments even safer for your customers by keeping their credentials safer.

• Pabbly has an API-Key environment that enables its integration with a variety of platforms.

• It automates your recurring and one-time payments, and also generate invoices automatically.

• It has an added feature of automated tax calculation which makes payment a hassle-free task.

2. Chargebee – A Recurring Billing & Invoicing Software

Chargebee is probably the best software to manage your revenue as this software packs multiple features like subscription billing, dunning management, invoicing, etc.

Pricing –

Chargebee provides affordable pricing plans for new, growing and established businesses.

For New Businesses, Chargebee provides its services for FREE until you generate your first $50K revenue. This plan consists of all the features available in GO plan for growing businesses.

There are three different plans for Growing Businesses –

• Go – $99/month for up to $25K revenue (additional 0.5% on overage revenue).

Note – This is just the basic charge. If you exceed the monthly revenue limit, you will incur additional charges.

For example – If you generate $30K monthly revenue, your overage revenue will be $30K – $25K (monthly revenue mark) = $5K

The total plan will cost you –

$99 (Base price) + 0.5% of $5K (Overage revenue) = $124

• Rise -$299/month for up to $50K revenue (additional 0.6% on overage revenue) with advanced features.

Similarly, if you yield $60K of monthly revenue, the final cost of this plan will be,

$299 (Base price) + 0.6% of ($60k – $50K) (Overage revenue) = $359

• Scale – $599/month for up to $75K revenue (additional 0.9% on overage revenue) with all the advanced features.

The final cost of this plan for the monthly revenue of $90K will be,

$599 (Base price) + 0.9% of ($90k – $75K) (Overage revenue) = $734

For the established businesses with bigger needs, you can get in touch with Chargebee’s sales team for custom plan creation.

Features –

• Revenue management can be effortlessly done as it supports numerous payment gateways depending on your country.

• With the globalization of business, Chargebee also supports email notifications, hosted pages and invoices in multiple languages.

• The ever-changing Global Sales Tax can also be implemented through Chargebee recurring billing software.

Click Here For More Details

3. Chargify – Subscription Billing Software

Another prominent name in the sector of revenue management software is Chargify. It very easily manages the complete life cycle process from signing up to billing them and ultimately to retaining revenue.

Pricing –

Chargify offers 30 days free trial period and 3 pricing plans namely,

• Essential – $149/month + 1.2% of the monthly revenue generated with features like numerous payment gateway integrations, dunning management, reporting, etc.

Please note that the above-mentioned pricing is just the basic price. Let’s understand it with an example –

Suppose you have generated a monthly revenue of $10000, hence the total monthly charge you will incur is –

$149/month (Base price) + 1.2% of $10000 (monthly revenue) = $269

• Advanced – $299/month + 1.2% of the monthly revenue generated with all the features of the Essential plan and other advanced features like unlimited webhooks, invoicing, etc.

Similarly, the actual cost of this plan will be –

$299/month (Base price) + 1.2% of $10000 (monthly revenue) = $419

• Enterprise – For the businesses with higher needs, this plan can be custom built by getting in touch with the Chargify sales team.

Features –

• Chargify provides 20+ payment gateway integration, 24 webhooks and more than 10 third party software.

• Highly reliable dunning management facilitates proper revenue retention and ensures a low churn rate.

• This subscription billing software also provides highly descriptive subscription analytics so that you can monitor your business growth.

Click Here For More Details

4. Recurly – Subscription & Recurring Billing Software

One of the greatest ways to manage your revenue streams is to implement a subscription & recurring billing software like Recurly. The PCI compliant tool along with multiple features will help you monitor your business health as well.

Pricing –

Recurly too provides 30 days free trial and offers 3 pricing plans –

• Core – The most basic plan will cost you $99/mo + 1.25% of the revenue generated + 10¢ per transaction. The plan comprises of features like unlimited automated invoicing, churn prevention, analytics, etc.

Breakdown of pricing plan –

Suppose you have generated a revenue of $10000 through 100 transactions then this plan will cost you –

$99 (Base price) + 1.25% of $10000 (revenue generated) + 10¢ * 100 (Per transaction cost) = $234

• Professional – This plan includes all the features of Core plan along with additional features such as advanced analytics, manual invoice billing, multiple currencies, etc. with a price tag of $299/mo + 1.25% of the revenue generated + 10¢ per transaction.

Similarly, this plan will cost you –

$299 (Base price) + 1.25% of $10000 (revenue generated) + 10¢ * 100 (Per transaction cost) = $434

• Enterprise – This plan is for businesses with larger needs and requirements for the pricing plan for which you have to contact the Recurly sales team.

Features –

• Methodical plan management and dunning process ensures the increase in revenue by 7% and radically reduces churn.

• Revenue management can also be taken care of its diverse billing models which are fixed recurring, one-time charge, hybrid, usage and seat based.

• Recurly also provides automated invoicing so that your customers can be charged for their availing services & products.

Click Here For More Details

5. Zoho Subscriptions – Recurring Payments Tool

Another prolific name in the arena of revenue management software is Zoho Subscriptions. This subscription billing tool not only manages your subscriptions but also watch over the customer lifecycle.

Pricing –

Zoho Subscriptions only provide 2 but extremely affordable pricing plans with features such as subscription metrics, hosted payment pages, multiple currencies, dunning management, etc.

• Standard – $29/month ($290/year for yearly plans) for 500 customers and 3 users per organization.

• Professional – $69/month ($690/year for yearly plans) for unlimited customers and users per organization.

Features –

• Zoho Subscriptions offers tons of payment gateway integrations for the hassle-free flow of revenue.

• The recurring billing system, when combined with dunning management, streamlines customers and revenue retention.

• The software also provides numerous Zoho add-ons such as Zoho Books, Zoho Invoice for the better understanding of subscription finance.

Click Here For More Details

6. Rebilly – A Subscription Billing Software

Rebilly ensures maximum profit generation because of its handy recurring billing feature, multiple payment gateway integrations, multi-merchant management and checkout pages.

Pricing –

Rebilly offers 4 pricing plans which are designed to meet your business needs. Also, you get 3 months free as an added bonus.

• Pioneer – This is the most basic plan of Rebilly and is completely free until you generate $1000 revenue in a month.

• Entrepreneur – This plan is ideal for businesses who generate $50000 monthly revenue and cost $149 + $0.10 per transaction fees.

To get a clearer idea of the actual cost that you would incur in this plan, let me present you a scenario –

Suppose your monthly generate revenue is under $50K and it is generated through 100 transactions in total, then the actual cost of this plan can be calculated as –

$149 (Base cost) + $0.10 * 100 (per transaction fees) = $159

• Executive -This plan costs $1497/month + $0.10 per transaction fees., valid for revenues up to $150K/month.

Similarly, the actual cost of this pricing plan will be –

$1497 (Base cost) + $0.10 * 100 (per transaction fees) = $1507

• Enterprise – For the businesses who generate monthly revenue of more than $150K in a month, this plan is perfect for them and starts with the price tag of $3000/month.

Features –

• This revenue management software allows you to collect payments in multiple currencies, which is 140 to be exact.

• The subscription billing software also automates your bills on the recurring basis so that you don’t have to put in any manual efforts.

• Rebilly also provides PCI Level 1 compliance which means that all the delicate information is protected.

Click Here For More Details

7. ChargeOver – A Recurring Billing Software

ChargeOver is one such top revenue management software which can seamlessly monitor your customers, automate their bills, manage their subscriptions and a lot more than this.

Pricing –

ChargeOver provides 4 extremely affordable pricing plans based on your number of active customers and also gives 14 days free trial to test out the software.

• Starter – This plan will cost you $65/month for active customers up to 50.

• Basic – For the businesses with customers ranging from 51 – 150, this plan will cost you $115/month.

• Professional – This plan is perfect for the businesses with 151 – 500 customer range as it cost just $229/month.

• Commercial – For 500+ active customers, the businesses must contact the sales team to get customized pricing details.

All the plans offer same advanced features like unlimited invoicing, team members, customer and subscription management, etc. It also automatically upgrades or downgrades to subsequent plans if your business crosses the active customer limit.

Features –

• Just like every other subscription management software, ChargeOver too provides an insightful dashboard and analytics which shows your revenue growth.

• This recurring billing software allows automation of invoices, bills, receipts and usage details to charge your customers.

• And, to collect payments, ChargeOver offer numerous payment gateway integrations out of which PayPal and Stripe are the prominent ones.

Click Here For More Details

8. BlueSnap – Revenue Management Software

No matter if you are running an e-commerce business, B2B or SaaS business, BlueSnap is highly efficient in managing your revenue streams and customers.

Pricing –

In order to know the pricing plan for this top revenue management software, you have to get in touch with the sales team. The plan will include advanced features like a merchant account, subscription/recurring payments, hosted pages, etc.

Features –

• In order to provide all the support to your global business, BlueSnap offers global payment option with multiple payment gateway integrations and currencies.

• Another way to increase your revenue streams is to manage your customers and their billing schedules. BlueSnap does both the task single-handedly with its super-effective dunning management system.

• Also to manage your chargebacks, BlueSnap integrates a fraud prevention mechanism.

Click Here For More Details

9. Invoicera – An Invoicing & Recurring Billing Software

The software offers automation of your business communication processes like invoicing, recurring billing & notifications, etc. and also keeps tracks of your productivity.

Pricing –

For the US-based companies and businesses, Invoicera offers only 1 pricing plan –

• Pro – For 100 active clients and 1 staff member you would have to pay $15/month. For additional staff member, you have to pay an extra $9/month.

For the Indian businesses, Invoicera has 2 pricing plans –

• Starter – This plan is completely free for 3 active clients and 1 recurring profiles but with no auto bill recurring and staffs.

• Pro – This plan will cost you INR 2499/month for unlimited active clients, recurring profiles, auto bill recurring and staffs.

Invoicera offers unlimited access to its services during their 15 days free trial period.

Features –

• This revenue management software supports multiple currencies and languages for your global business.

• Invoicera is known for its well-organized invoicing mechanism which can be handled either manually or automatically.

• Apart from managing subscriptions, it also allows you to manage different companies through a single Invoicera account.

Click Here For More Details

10. Fusebill – A Subscription Management & Payment Software

Fusebill provides a one-stop solution for all your subscription billing and revenue management needs. The software is simple, flexible and secure to use.

Pricing –

Fusebill offers 3 different pricing plans but with the same set of features such as hosted pages, recurring billing, customer segmentation, flexible calendar billing, etc.

• Start-Up – This plan will cost you $99/month + 1.5% of the generated revenue. The plan will suit your business if you generate less than $1 million ARR.

Let me break down the actual cost of this plan with an example –

Suppose you generate a monthly revenue of $10000 then the total cost of this plan will be –

$99 (Base cost) + 1.5% of $10000 = $249

• Rapid – Growth – This plan is ideal for businesses whose ARR is between $1M – $10M. The plan has variable pricing based on your ARR, starting from $995/month to $2000/month.

• Enterprise – The plan is regarded best for the businesses who generate $10M+ ARR for the pricing plan of which you have to contact the sales team.

Features –

• The task of managing your revenue streams can be very easily taken care with Fusebill’s subscription billing feature.

• Dunning management is incorporated in this software to reduce churn, communicate with customers about their failed payments, expired credit cards, etc.

• Fusebill also offers advanced features such as projected invoices and predictive billing financial calendar.

Click Here For More Details

11. Wallee – Recurring Payment & Billing Software

This software is known for providing an extensive toolkit for your revenue management and billing needs. The software offers intelligent payment processing and accounting as other notable features.

Pricing –

This revenue management tool offers 4 extremely affordable pricing plans namely –

• Starter – For the most basic plan which is valid only for 300 transactions, you have to pay $4.95/month + $0.23 per extra unit transaction.

For example, if you generate 100 extra transactions apart from the allotted 300 transactions then the actual pricing will be –

$4.95 (Base price) + $0.23 * 100 (per extra unit transaction) = $27.95

• Advanced – This plan holds the limit of 1000 transaction and comes with the price tag of $14.95/month + $0.16 per extra unit transaction.

Likewise, the actual cost of this plan will be –

$14.95 (Base price) + $0.16 * 100 (per extra unit transaction) = $30.95

• Business – This plan comes with the base price of $59.90 along with an additional charge of $0.065 per extra unit transaction. Additional charges are applicable if you cross the monthly limit of 4000 transactions.

With 100 extra transactions, the actual cost of this plan will be –

$59.90 (Base price) + $0.065 * 100 (per extra unit transaction) = $66.40

• Enterprise – For the businesses with higher needs and larger pricing, contact the Wallee sales team as this plan is custom made.

Features –

• Wallee provides payment slips with reference numbers (ISR payment slips) to collect payments through invoices.

• This software also provides multiple billing models like fixed recurring, metered, etc. so that your customers can be charged properly.

• Due to the smart payment routing mechanism, you get effortlessly accept payments from across the world.

Click Here For More Details

Conclusion

As we all know that managing revenue is one of the key aspects of any business hence to simplify it. This blog lists top revenue management software for billing, invoices & payments so that you can choose the one that suits your business needs and implement it.

Rest assured, the software is guaranteed to streamline your day-to-day manual tasks such as billing, invoicing, etc. and automate them.

Want to explore more? Consider reading these blog too –

• 10+ Recurring Billing API Tools for Subscription Management Tools
• 5 Free Subscription Management Software
• 10+ Dunning Management Tools
• 10 SaaS Billing Software & Recurring Payment Management

For any queries or suggestions, please drop your comment below & we’ll reply shortly!

Subscriptions are replacing the traditional product sales model and are fundamentally changing the face of businesses and industries these days. You should know that the subscription and recurring billing economy are becoming pervasive for varieties of reasons like –

• Customers are demanding for the more flexible billing system.
• Automated invoicing model and a lot more.

So, to make you aware of this changing I have found 10 Top Recurring Billing & Subscription Management Tools along with the powerful API key. With this API key, you can integrate any of the billing handling services with your business.

Get Lifetime offer: Chargify Alternative

Just go through the blog and decide which software is best for your business.

1. Pabbly Subscription Billing

Pabbly Subscription is a bracing recurring billing tool to manage all your subscription billing related needs in a simple and affordable way.

It has an incisive approach towards all your billing hassles, and meanwhile, its support team is responsive all the time and goes an extra mile to help you out.

Pabbly Subscriptions gives you numerous payment options for your customers.

• PayPal, Stripe, and tons of more online payment gateways.
• Payment through wire transfer.
• Offline payment option to accept payment by cheque/ cash.

Features-

Automated Management

Pabbly Subscriptions replaces the manual management of your monthly recurring payments with automation. It automates all your recurring and one-time payments and also keeps all the records well organized in a comprehensible dashboard.
Also, with its dunning feature you can follow up with your customers and look after failed or denied payments, so you never lose your precious customers.

Coupon

With Pabbly Subscriptions, you can create coupons for your customers & offer them a discount. You can also validate these coupon discounts for a specific time period, call it a day, few hours, lifetime, etc.

Custom Domain

This is a very efficient feature which allows you to change the custom domain of the checkout page. All you gotta do is simply add a DNS record & create a CNAME. Once the CNAME is created, you can send a request to Pabbly Subscriptions. Further, It will take some time & your link will be ready to use.

Pricing-

Pabbly Subscriptions provide you with the 3 different pricing plans these are –

Starter

For this plan, you gotta pay $19 per month on a yearly basis and $39 per month on a monthly basis. Along with this plan, you also get various features like :

• 500 Customers
• One-time Payments
• Recurring Payments
• Unlimited Revenue

Rookie

This plan will cost you the amount of $29 for a month (yearly plan) & $59 for a month (monthly plan).  Plus, you also get access to various features like :

• 2000 Customers
• Setup Unlimited Products
• Setup Unlimited Plans
• Multiple Payment Gateways

Pro

If you want to opt for this plan, you will have to pay $49 per month if you opt for yearly plan and $99 per month if you opt for monthly plan. Moreover, you can use all the features like :

2. FastSpring

FastSpring subscription billing software enables global subscription & online payment for you. Integrate FastSpring with your business by simply using its REST API key. This software is trusted by numerous companies like Adobe, Microsoft, Sketch, Connectify and more.

It allows you to accept payments in 3 different ways, that are –

• Wire transfer
• Physical check
• PayPal

Features-

Multiple Subscription Structures & Custom Options

This billing platform virtually supports every type of subscription model, free & paid trials, on-demand subscriptions, one-time setup fees, promotional pricing and plans, installment payment plans and a lot more.

Number Of Languages & Currency Options

FastSpring supports more than 20 languages and accepts more than a dozen of currencies, as it covers the world.

Customize & Configure Your Store

With FastSpring you can fully customize your business as per your need. It offers branded order page, custom shopping carts, usage tracking, testing tools and more.  

Pricing-

FastSpring gives 3 pricing plan named as – Pay As You Grow, Business Plan, Enterprise Plan which has all the common feature that a subscription management software required. To know the price plans for this tool contact FastSpring sales team.

Get More Details Here

3. Chargebee

Chargebee an athletic billing management software gives all the nuts & bolts that you need to handle subscriptions, recurring payments, invoicing, etc. You can easily merge this software with your organization by using its API key. It also provides powering subscriptions and billing management to 5000+ companies like Soylent, Freshworks, Study.com, Sharetribe, Calendly and much more.

And it also accepts payments from 4 different gateways, which are –

• PayPal
• Stripe
• Braintree
• Authorize.net

Features-

Flexible Plan Management

Chargebee let you set up as many subscription plans you like to generate and also can pilot all of them from a single dashboard. This software’s intuitive pricing option will equip you with maximum choices to manage the plans.

Baked-in Coupon System

You can now easily run marketing campaigns and drive revenue as Chargebee offers an in-built coupon management system with tracking feature.

Manage Trial Packages

This is the perfect way to make your user fall in love with your product. With the management software, you can create flexible trial packs that suits your business.

Pricing-

Go Plan

The Go plan is perfect for those businesses who generate revenue upto $25k per month, for this plan you have to pay just $99 every month.

But if generate revenue of more than $25k then for that you have to pay 0.5% of the extra generated revenue [sometimes this extra revenue is also named as overage revenue]

Let me make this clear with an example –

Suppose you make a business of $30k revenue in a month then for that the total amount you have to pay is –

$99 (base price) + 0.5% of ($30k -$25k) = $124 per month

Rise Plan

Similarly, with the Rise Plan, if you generate $50k revenue per month than for that you have to pay $299/month. If you generate revenue more then, for that you have to give 0.6% of overage revenue.

$299 (base price) + 0.6% of ($60k -$50k) = $359 per month

Scale plan

Same with Scale Plan, here you have to invest $599/month for revenue upto $75k in a month. And 0.9% if any overage revenue is generated.

So, the total amount will be –

$599 (base price) + 0.9% of ($90k -$75k) = $734 per month

Get More Details Here

4. Chargify

Chargify is the complete package of subscription and recurring billing software. With it, you can manage the entire customer lifecycle, customize sign-up forms and a lot more. So use the API key of this software to integrate it with your business.

This recurring billing management software allows different payment gateways like –

• Stripe
• Braintree
• Authorize.Net
• QuickPay
• E-way and more.

Features-

Communicate With Your Customers

With automated email communication system, you can be always connected to your customers, through their entire lifecycle. Chargify allows you to send highly customized template that maintains your company’s branding.

Automate Tax Calculation

Chargify is the partner with Avalara, the leading cloud-based software for sales management, so know don’t worry your tax calculations are in safe hand.

Accurate & Flexible Recurring Billing

You can easily handle the most complex scenarios like fixed-price subscriptions, trials, setup fee, multi-currency and more.

Pricing-

You can sign-up for a free trial of 30 days & use the software.

Further, if you want to opt for the paid version, you can contact the sales team of the Chargify.

Get More Details Here

5. Recurly

Another word for best subscription handling software is Recurly, which is trusted by thousands of companies like Hubspot, Sling, Speedo, Canary, etc. Effortlessly unite this software with your business by using its REST API key.

Recurly supports numerous payment gateways some of them are –

• AmazonPay
• PayPal
• Braintree
• Authorize.Net
• Stripe
• Recurly Gateway and more.

Features-

Power Up Your Enterprise

With Recurly you can improve efficiencies, reduce operating costs and delivers more satisfying customer experience. This software is a partner with leading businesses such as Salesforce, NetSuite, Xero, Intuit, etc.

Reduce Churn -& Increase Revenue

With this amazing subscription handling tool, you can recover an average of 7% of credit card revenue from repaired transaction every month.

Compliance, Security, & Confidence

Recurly is a PCI compliance so don’t worry about your customer data it is safe and secure. It is providing only the level of access to the limited user because Recurly understands that not every user in an organization needs full access to the app.

Pricing-

Recurly offers you three plans to choose from:-

Core Plan

The Core Plan is best for the businesses that required simple online payments as it charges nothing i.e., not even a single penny.

Professional Plan

Similarly, in the Professional Plan, you get features like volume pricing, two-way salesforce integration and a lot more. If you want to opt for this plan, you can contact the sales team.

Enterprise Plan

The Enterprise Plan is for those businesses that deal in high volume pricing and white-glove service. You can contact the Recurly sales team to know the pricing of this plan.

Get More Details Here

6. Stripe

Stripe is the best platform for running an online business. As this is basically a payment processing software. But along with this it also gives subscription management, analytics i.e you can say complete pack to handle your business.

It offers you API key for smooth integration.

Stripe supports following payments methods –

• ACH Debits
• Bitcoins
• Alipay
• WeChat Pay

Features-

Target New Users With Discounts & Trials

You can easily design trial periods into your plans to let customers preview your service, or use coupons to test the impact of different discount offers.

Save Customer Cards Smartly

Stripe stores the card details of your customer so that, the user can continue to work if the card number or expiry date got changed. This tool works directly with the card network so without any interruption, the customer can make use of this service.

Store Your Customer Billing Info

Now you can securely keep payments, subscriptions info on file and can renew the subscriptions or upgrade the plan without worrying about PCI compliance.

Pricing-

Pay As You Go

Go plan is suitable for small businesses as it charges 2.9% of revenue and 30¢ per successful card charge.

Let’s understand it with an example –

If your business generates $10,000 revenue every month in 300 transactions then the amount you have to pay for this plan is –

2.9% of $10,000 (generated revenue) = $290

30¢ of 100 transactions = $30

Total cost

$290 + $30 = $320 per month

Enterprise Plan

The Enterprise Plan offers everything that is needed to run an online business at larger scale. Get in touch with Stripe sales team to know the pricing details of this plan.

Get More Details Here

7. PaySimple

PaySimple makes businesses run easily as it a better way to accepts payments, market service and retain customers. This service is trusted by over 17,000 businesses and offers its API key so that you can effortless unite this service with your business.

Features-

Get To Know Your Customers
With the help of customer reporting tools, you will get to know who is your best customers, which product or services drive more revenue and a lot more.

Flexible Payment options
This recurring billing tool accepts all major payment methods including credit cards, debit cards, ACH, eChecks etc so that your customer find a convenient payment method.

Real-Time Alert
With this online tracking software, you can see which invoices have been paid and which are overdue.

Pricing-

PaySimple provides very low pricing for its customers, you only have to pay 2.49% of generated revenue plus 29¢ per transaction.

Make it clear with an example –

Suppose, if your business generates $10,000 revenue every month with maximum 100 transaction then the cost you have to pay will be –

2.49% of $10,000 (generated revenue) = $249

29¢ of 100 transactions = $29

Total cost is –

$249 (generated revenue) + $29 (100 transactions) = $278/month

Note – If made payment using e-check process then, you have to give 60¢ for every transaction

Get More Details Here

8. Wallee

Wallee the perfect subscription and recurring handling solution that offers you an extensive toolkit for your online business like documentation handling, subscriptions, payments, cloud printing, frauds and a lot more. This tool offers its REST API key so that you can easily integrate it with your business.

The payment gateway Wallee supports are –

• PayPal
• Paylib
• DaoPay
• Alipay, etc.

Features-

Intelligent Payment Routing

With this subscription management software, you can increase your availability by setting up failover payment processors. In case if your primary payment processor is down the transactions will automatically start routing through the second processor.

Documentation Handling

The generation and customization of PDF documents or email templates are the harder tasks. But with Wallee it is very easy to handle this all as it provides a standard email template that you can choose and modify according to your requirement.

Reconciliation Management

Wallee helps you import acquiring or other payment files and also let you reconcile and check the payments that you receive from the customers.

Pricing-

Starter Plan

The Starter Plan is best for a merchant who wants to discover Wallee, as it only charges $4.95 per month for only 300 transactions. If you made more transactions than for each unit you have to pay an extra charge of $0.23.

Let’s take an example –

If you made 400 transactions in a month i.e 100 extra transaction, as the limit of this plan is 300 only.

Then the extra charge will be of –

$0.23 of 100 transaction = $23

And total cost will be

$4.95 (base charge) + $23 (of extra 100 transactions) = $27.95 per month

Advanced Plan

The same is with Advanced Plan also, the basic charge is $14.95 for 1000 transactions in a month. And if you further made any transaction then for that you have to pay $0.16 as an extra charge.

Then, the total cost will be –

$14.95 (base charge) + $16 (of extra 100 transactions) = $30.95/month

Business Plan

The basic charge of Business Plan is $59.90 for 4000 transactions in a month. And for an extra transaction, you have to pay $0.065 on every extra unit.

So, the total cost is –

$59.90 (base charge) + $6.5 (of extra 100 transactions) = $66.4 per month

Enterprise Plan

This Enterprise Plan is for large companies which have special requirements regarding support, features and volume price. To know the details of this plan contact Wallee support team.

Get More Details Here

9. Rebilly

Rebilly is the world’s first subscription and recurring profit maximization company. It also provides REST API key so that, you can easily integrate Rebilly with your organization.

The payment gateways that Rebilly supports are –

• PayPal
• Stripe
• Braintree
• WorldPay and more.

Features

Multi-Currency

Rebilly supports 140 currencies, you can configure plan, pricing and charge customers in any currency you want.

Alternate Payment Methods

This software supports a number of varieties of payment methods like check, wire, bitcoin or barter, cash, etc. So, that the customer can find convenient payment options.

Rich Reporting & Forecasting

With Rebilly take a deep dive into your customer’s transactions and payment gateway data. You can view nearly any report in rich, visual charts format and can give this data to your marketing team to target more profitable segment for your business.

Pricing

Rebilly gives first 3 months completely free in all its plan.

Pioneer Plan

The Pioneer Plan is completely FREE for the revenue up to $1000 per month and if you break this revenue goal than you will be charged as per the criteria of Rebilly software.

Entrepreneur Plan

In the Entrepreneur Plan, you have to pay $149 per month for $50,000 revenue. But other than that you have to pay $0.10 per transaction.

Let us understand it by an example –

Suppose your business generates$50,000 revenue in a month with 150 transactions.

Then the actual amount you will be charge is

$149 (base fee for $50,000 revenue) + $15 ($0.10 for 150 transaction) = $164/month

Executive Plan

Similarly, in Executive Plan, you have to pay $1497 for $150,000 revenue every month. And in addition to this, you also have to pay $0.10 as a transaction fee.

So, the actual amount will be –

$1497 (base fee for $150,000 revenue) + $15 ($0.10 for 150 transaction) = $1512/month

Enterprise Plan

If your business generates revenue of more than $150,000 then the cost of Enterprise Plan starts from $3000 per month. To know its pricing plan you have to contact the Rebilly sales team.

Get More Details Here

10. Azimio Systems

The next outstanding, scalable and smart subscription billing management system is Azimio. It is built to deliver a solid and reliable web-based service in a simple self-service mode or you can also use its API model which is suitable for all kind of business operations.

The payment gateway it supports are –

• PayPal
• Stripe
• Authorized.Net

Features-

Self-Service System

By using the customer portal, the customer can see their subscriptions list, invoices & payment history, change their subscription and much more.

Invoices & Payments

This software automatically generates invoices when the customer subscribes your product/services and also keep tracks all payments that your customer make.

Easy Access Dashboard

Azimio Dashboard gives a comprehensive view of your business activities and shows you all important key metrics like due invoices, today’s payments, pending invoices and much more.

Pricing-

Azimio subscription management software is completely FREE of cost!

Get More Details Here

11. Hiveage

Hiveage is a tremendous online invoicing software, which is trusted by 50,000 small businesses and freelancers from 140 countries. You can use its REST API key and merge this tool with your business to experience better service.

Hiveage supports multiple payment gateways that are –

• Stripe
• PayPal
• Braintree
• Authorized.Net
• WePay and more.

Features-

Flexible Scheduling

Now you can set up recurring payments on a daily, weekly, monthly or yearly basis and can even send automated invoices at a custom interval of your choice.

Charge Automatically Or Manually

With Hiveage you can structure a recurring payment profile for automatic subscription charge or else you can send a periodic invoice to the clients for every time payment.

Handle Recurring Payments

If you are a regular supplier and forget to make a payment then, don’t worry Hiveage payment tool will remind you about the upcoming payment and save you from the loss occur due to a late transaction.

Pricing-

Every plan of Hiveage gives 14-days free trials to its customer.

Starter Plan

The cost of Starter plan is just $19 per month with all the feature like 250 recurring profiles, 50 auto-billing profiles, 2 staff and 1 GB file storage facility.

Basic Plan

In the Basic Plan, you have to spend $39/ month for 500 recurring profiles, 5 staff, 100 auto-billing profiles and 2 GB file storage capability.

Studio Plan

For Studio Plan you have to pay $69 per month and will get 1000 recurring profiles, 250 auto-billing profiles, 10 staff and 4 GB file storage space.

Company Plan

The Company Plan will be suitable for large companies, which charge $99 per month and provide unlimited recurring profiles, 500 auto-billing profiles, 20 staff and 8 GB file storage.

Get More Details Here

Conclusion

It seems like after going through this blog you will be able to select the right subscription management and recurring billing tools for the enhancement of your business.

All you have to do is to use the REST API key of this software to merge it with your business and help you manage each and every aspect of your subscriptions, payments, invoicing, billing, churn rates and all the key metrics that are necessary for a perfect subscription-based organization.

If you need any more information then you can check out following mention blog –

• 10+ Revenue Optimization Software and Customer Retention Tools
• 10+ Subscription Management Software and Recurring Billing Software
• Best Recurly Alternative
• Subscription Billing Software
• 10 SaaS Billing Software & Recurring Payment Management
• 10+ Popular Subscription Tools for Billing, Plans & Product Management

Lastly, you can contactus for more details!

Thanks for reading! 🙂

Day to day operations of subscription businesses can be tedious and stressful. But now you don’t have to do these boring things manually. Because, now you can automate your complete billing cycle with an efficient subscription management software easily. And the interesting thing is that almost every billing software provides a free trial so that you can easily explore their functionalities.

In this blog, I have covered 5+ Best Subscription Management Software with a free trial which automates entire subscription journey including

• One time & recurring payment
• Client communication
• Managing dunning and delinquent accounts
• Create & send an invoice to your customers
• And also provides important key metrics that will help you to understand your business health.

Below you will find 5 best recurring billing and subscription management software which provides you with a Free trial period, so you can take a little bit of the product and decide which tool has the best taste.

Have a look at some more interesting & informative blogs –

• Revenue Management Software
• Subscription Billing Software
• Recurly Alternative
• Chargify Alternative

Let’s explore all these software without much ado:-

1. Pabbly Subscriptions Billing :-

Pabbly is easy to use subscription billing software which comes at an extremely affordable lifetime purchase price. It helps you know advanced Stripe as well as PayPal metrics.

Plus you can handle an unlimited number of customers, invoices and get access to all advanced features with 24/7 live chat support all these services at no additional charge.

Just by following a simple three-step process you can create attractive checkout pages for your product without writing a single line of code.

Pabbly Subscriptions Attributes:-

• Top Payment Gateways
  Pabbly Subscriptions allows you to accept payment via different payment gateways like PayPal & Stripe, it also supports multiple currencies which simplifies the transaction process.

• Advanced Dunning Management
  Dunning management is a renown feature that helps you reduce churn rate as it sends reminders to customers about payment failure or due payments.

• Create Unlimited Invoices
  With Pabbly Subscriptions software, you are permitted to create and deliver unlimited invoices to customers for payment collections.

Pabbly Free Trial:-

Enjoy the seamless features of Pabbly Subscriptions with a free trial for 14 days.

Besides that, you can opt for any of the following plans :

Plans:

• Starter: It will cost you $19 per month in a yearly plan and $39 per month in a monthly package. Also, you can collect one-time and recurring payments.

• Rookie: For this plan, you need to pay the amount of $29/month on the yearly basis & $59 on a monthly basis. Plus, you can setup unlimited plans, products & collect revenue with no limits.

• Pro: The cost for this plan is $49 every month if you choose the yearly plan and $99/month if you go for the monthly plan. Moreover, you can also send dunning emails, invoice billling, etc with ease.

Click Here For More Details

2. Rebilly:-

Rebilly is a perfect solution for SaaS business which automates all your online transaction and has all the features that you need to manage your subscription business efficiently.

Besides, it works with a number of payment gateways including PayPal, Stripe, Braintree, Authorize.Net, WorldPay, RPNpay and many others.

Attributes:-

• Alternate Payment Methods
  Rebilly provides a variety of payment methods including cash, check, wire, bitcoin, barter, and others so that your customer always find their preferred payment options.

• Actionable Insights
  This subscription management software with free trial gives you deep insights into your customer transaction and behavior that will help you to understand your customers completely.

• Dunning Management
  This recurring billing software automatically handles all your payment failures and send a notification to your customer about the failed transactions.

Rebilly’s Free Trial:-

Rebilly offers multiple plans namely Pioneer, Entrepreneur, Executive, & Enterprise plan. All these plans of this subscription management software comes with 90 days free trial so you can explore the entire platform and decide what you’d like to purchase.

Let’s take a look at the Rebilly’s Premium Plans:-

• Pioneer Plan:- It is a Free plan where you can manage up to $1000 revenue in a month. If your business generates more than $1000 in revenue then you have to switch your plan.

• Entrepreneur Plan:- Entrepreneur plan allows you to manage $50,000 revenue in a month and will cost you $149 per month along with $0.10 per transaction fee.

For instance:- Suppose, your business generated $20,000 in revenue in a month and there is the total of 100 transactions that took place then the amount you have to pay is-
Base price ($149) + $0.10 per transaction (100)
$149 + $10 = $159

• Executive Plan:- Under the executive plan, you would be charged $1497 per month along with $0.10 per transaction fee where you can manage $150,000 revenue in a month.

Similarly, the total amount you have to pay is-

$1497 + $10 = $1507

• Enterprise plan:- Enterprise plan is for those businesses who have generated more than $150,000 in a month and its cost start from $3000.

Rebilly also builds a plan according to your business needs.

Click Here For More Details

3. Recurly:-

Recurly is an amazing recurring billing management software which gives you a rich interface to manage your subscription. With this subscription management software, you will be able to manage your recurring payments, subscription, client communication, order management, payment failure and many more things.

Recurly supports multiple payment processors such as PayPal, Stripe, WorldPay, Authorize.Net, Vantiv, Payeezy, etc.

Attributes:-

• Plan Management
  You can create as many subscription plans as you want and set different billing frequencies, currencies or pricing tiers to provide adequate choice for your customers.

• Handle Customer Subscription
  This recurring billing software takes care of automated customer subscriptions, proration of payments, as well as the management of payments to customers according to their plan.

• Subscription Chart
  Subscription chart gives you a comprehensive view of your plans like how your plans are performing, which is the most popular plan, top five plans by subscription and growth trends over time.

Recurly’s Free Trial:-

Recurly provides three different pricing tiers Core, Professional, & Enterprise plan with 30 days free trial period, so you can explore all the features and functions of the software and after the trial period, you can easily decide which plan is perfect for your business.

Have a look at Recurly’s pricing tiers.

• Core Plan:- The core plan is for those businesses who have to manage simple online payments. This plan will charge you $99 per month plus 1.25% of revenue plus 10¢ per transaction.

Suppose, your business has generated $20000 revenue in a month through 50 transactions, so for this the calculation will be:-

Base price ($99) + 1.25% of the revenue ($20000) +  10*50

$99 + $250 + $5 = $354

So, you have to pay $354 for the core plan.

• Professional Plan:- This is the most popular plan for growth-oriented businesses which charge you $299 per month along with 10¢ per transaction fee and 1.25% of the revenue.

Similarly, the calculation for the professional will be:-

$299 + 1.25% of revenue ($20000) + 10*50

$299 + $250 + $5 = $554

So, you will be charged $554 for the professional plan.

• Plan For Enterprise:- Enterprise plan is a custom plan for those businesses who have volume pricing and white-glove services. For pricing details, you have to get in touch with the Recurly sales team.

Click Here For More Details

4. Chargify:-

Chargify is wondrous subscription & recurring profit maximization tool which solves all your complex subscription task easily and give you comprehensive reports on your business activities.

This software can be integrated with all major payment gateways such as Stripe, Paypal, Authorize.Net, Braintree, and others.

Attributes:-

• Customer Communication
  Automate customer communication throughout the entire customer lifecycle, from customer sign up to subscription cancellation.

• Self-Service portal
  Chargify provides a self-service facility to your customer through which your customer can upgrade or downgrade their products, update their personal information, access their billing history, and much more.

• Analytics & Reports
  Get to know your business growth over time through analytics reports which show you monthly recurring revenue, average revenue per customer, average revenue per plan, customer lifetime value etc.

Chargify’s Free Trial

This subscription management software comes with three different plans including Essential, Advanced and Enterprise. All these plans offer 30 days free trial to their customer so you can visit the entire platform before you commit to a paid subscription plan.

Let’s have a look on the Chargify’s Paid Plans:-

• Essential Plan:- Essential plan will charge you $149 per month along with 1.2% of revenue fee.

For example:- Suppose, you have generated $10000 in a month then total amount you have to pay is:-

Base price ($149) + 1.2% of revenue ($10000)

$149 + $120 = $269

• Advanced Plan:- In the advanced plan, you would be charged $299 per month with 1.2% of revenue fee.

Similarly, you have to pay for the advanced plan is:-

$299 + $120 = $419

• Enterprise Plan:- It is a custom plan, to build a custom plan you have to contact the Chargify sales team.

Click Here For More Details

5. Chargebee:-

Chargebee is a secure and reliable recurring billing software which handles complex recurring billing scenario and subscription task.

Moreover, it also supports different payment gateways like PayPal, Stripe, Authorize.Net, Braintree etc.

Attributes:-

• Create Beautiful Invoices
  This system automatically creates elegant and comprehensive invoices to your customers by tracking the transaction history.

• All Data In One Place
  Chargebee’s dashboard shows you all the valuable key metrics including MRR & CMRR, refunds, transaction trends, signups & activations, churn, plan & addon MRR etc. that will help you to understand your business health.

• Stay Updated
  This subscription billing software keeps you informed about every single business activities so you will never miss something that is important for your business.

Chargebee’s Free Trial:-

Chargebee offers three different plan Go, Rise, & Scale plan with 30 days free test drive so, you can test the working of the software and see how this software empower your subscription-based business.

• Go Plan:- In Go plan, you can manage up to $25000 revenue in $99/mo. If you exceed this limit then you have to pay 0.5% of extra revenue.

Eg. Suppose, your business has generated $30000 revenue in a single month then total amount you have to pay is:-

Base price ($99) + 0.5% of overage revenue ($30000 – $25000 = $5000)

$99 + $25 = $124

• Rise Plan:- Rise plan allows you to manage $50000 revenue in a month and will charge you $299 per month along with 0.6% of overage revenue fee.

Similarly, for the extra revenue, the calculation will be:-

Base price ($299) + 0.6% of overage revenue ($55000 – $50000)

$299 + 0.6*$5000 = $329

So you have to pay $329 for the rise plan.

• Scale Plan:- Under the scale plan, you have to pay $599 per month for $75000 revenue. For extra revenue,

Click Here For More Details

6. Hiveage:-

Hiveage is an online recurring billing & subscription management software that simplifies all aspects of subscription and gives payment analytics reports that you need to run your business smoothly.

Furthermore, this software offers more than a dozen of payment processors including PayPal, Stripe, Authorize.Net, Braintree, Razorpay, Securepay, Wepay, etc.

Attributes:-

• Flexible Scheduling
  By using this software, you can easily charge your customers on a daily, weekly, monthly, or yearly basis.

• Manage Staff Member Access
  With the help of this software, you can grant different levels of access to your staff members, manager, and contractor.

• Track Your Invoices
  With Hiveage’s clear invoice status labels, you can easily track which of your invoices are saved as drafts or sent to the customer, and seen by a customer or not etc.

Hiveage’s Free Trial:-

Hiveage offers you both monthly and yearly plans along with 14 days free trial and you can also extend the free trial period from 14 to 42 days by promoting Hiveage on social networking sites like Facebook, Twitter, Google, and Linkedin.

• Starter Plan:- Starter Plan will charge you $19 per month ($15 on annual basis) where you will get all features with 2 staff member access,  250 recurring profiles, 50 auto-billing profiles and 1 GB file storage.

• Basic Plan:- The basic plan costs you $39 per month ($29 on annual basis) and provides you all features along with 5 staff member access, 500 recurring profiles, 100 auto-billing profiles and 2 GB file storage.

• Studio Plan:- Under studio plan, you would be charged $69 per month ($59 on annual basis) and will get all features, 10 staff member access, 1000 recurring profiles, 250 auto-billing profiles and 4 GB file storage.

• Company Plan:- Company plan will charge you $99 per month ($79 on annual basis) and gives you all features with 20 member staff member access, unlimited recurring profiles, 500 auto-billing profiles and 8 GB file storage.

Click Here For More Details

Conclusion:-

I hope this article helps you to find out the best subscription management platform for your business.

Above I have mentioned 5+ best subscription management software with free trial pack, so you can test all the software for free and get to know how the software works and how you can benefit from it.

For more related information, you can also go through the following blogs:-

• 10 Most Popular Subscription Tools For Billing, Plans & Product Management
• Best SaaS Billing Software & Recurring Payment Management
• 10+ Subscription Billing Software For Flawless Management
• Recurring Billing Software

Feel free to Contact us for more queries and suggestions !

Thanks for reading! 🙂

‘Go Through A Methodical & Sophisticated Way Of Receiving Payments’

Follow-up is a way of getting the thing done, whichever your field has been that doesn’t matter, and especially when it is a matter of money, people get more sensitive about it.

So, sometimes it becomes a bit awkward to remind your customers verbally about the payments that were not successful, need be to be paid again.

In such a case, a software that will do these activities for you will come out as a boon for your financial management business.

The software which will do the dunning management effectively has been accumulated here and has been presented to you in form of a blog. You can have a glance at each of them sequentially and find the most befitting dunning management software for yourself.

Before that, let’s have a quick comparison of all of the services mentioned in this article:

Best Dunning Management Tools

From the above table, you might have got a quick view of various dunning & subscription management tools. Some of them allow creating an unlimited number if subscriptions without any limit on revenue generation. That’s a plus point!

In order to find more features apart from dunning management in a single product, just go through this article once!

Here are some more enlightening blogs –

• Revenue Management Software
• Invoice Management Systems
• Free Subscription Management Software
• Recurring Billing API – List Of Powerful Tools

Let’s get a quick view at all these software one by one: –

1. Pabbly Subscription Billing

Pabbly Subscription Billing is the cheapest online dunning management tool that is meant to reduce your churn rate. That means now you can prevent your customers from unsubscribing to you due to various reasons.

With its automated dunning management system, you can not only keep track of the potential chances of payment failures at your customers’s end but also remind them regarding due dates and send follow up emails to ensure payments.

You might have already chosen the cheapest yet effective subscription billing service, but it’s time you take another look at it.

“Cheapest yet effective”…

These words belong to a single line only when we there’s Pabbly Subscriptions in the story. Otherwise not.

It is the first time that complete subscription management is available at this low price. $19/m may sound unrealistic if you’ve been into checking the price of other services.

Below, let’s see what it has got for you other than effective dunning management.

Pricing:-

• Starters Plan:- This tool has a Starters plan which charges $19 per month if you go for a yearly plan and $39 per month on a monthly plan. You will get to work on 500 customers & access dunning management feature for them too.

• Rookie Plan:- The Rookie plan costs $29 per month on a yearly basis and $59 per month on a monthly plan basis through which you can manage 2000 customers at a time.

• Pro Plan:- For the Pro package, you have to pay $49/m if you opt for a yearly plan and $99/m if you opt for a monthly plan. It will get you the access for managing unlimited customers.

Features:-

• This tool will allow you creating and offering cheaper subscription plans anytime so that your customers avail discounts and stick with you.

• It has a custom domain facility. Through it, you can change the domain of the checkout page of the products according to your business/company name.

• Also, you will be able to fully customize the checkout page to make it look more attractive & suitable.

• For the plans of products, you can create an unlimited number of coupons. It will help you in case of attracting more buyers w.r.t. the offer price of products set by you.

2. Chargeebee

Chargeebee is an effective dunning management tool which will make sure that continuous attempts to capture payments on invoices which are due are made successful. The software makes a maximum of three tries after the initial attempt after the card failed.

Pricing:-

• Go Plan:- For the respective plan, you would be charged $99 for a month which includes $25000 month revenue and if that exceeds then you have to pay 0.5% of the extra revenue generated.

• Rise Plan:- In this plan, you would be charged $299 per month up to $50000 monthly revenue and 0.6% of extra revenue.

• Scale Plan:- Here you have to pay $599 per month and the bandwidth rises to $75000 monthly revenue and 0.9% of extra revenue.

Extra revenue or the overage revenue:- Its calculated as –

Monthly revenue – $30000

As per Go plan limit – $25000

The overage revenue = 0.5% of (30000-25000) + base fee ($99) = $124 per month

Features:-

• You can configure payment retry settings and customize as per your need and requirement, the user can also send automated email notifications.

• At any stage of the dunning, if the user feels to cancel the subscription or mark an invoice as “not paid”, that can also be done.

• The user can even send a different message to the customers every time through the help of the mail merge fields that have been included in the software.

Click Here For More Details

3. Zoho Subscriptions

Zoho Subscriptions gives you the privilege to save your recurring revenue and reduce your churn rate by effectively managing your subscription and dunning management. The software works as an automated process that is set in motion whenever a recurring payment fails.

Pricing:-

• Standard Plan:- In the standard plan you will be able to handle the subscription management of 500 customers and share it with 3 users in $29 in which you will get features like multi-currency support, dunning for automatic payments and various other features.

• Professional Plan:- In the professional plan you will get all the features and services that you were getting in the standard plan but for $69/month and you can handle unlimited customers share it with unlimited users.

Features:-

• If the transaction gets failed due to card expiry, insufficient funds, card restricted,  processing errors, then the notifications will be sent to the clients.

• You can retrieve payments through the payment retry process, save additional time and resources on the admin side.

• With dunning, you can reduce involuntary customer churn, it saves you the hassle of manually following up for payments.

Click Here For More Details

4. Recurly

Recurly supports a dunning and subscription management software that will work on user communication, payment reconciliation, and payment retries. In the processing period, the software automatically attempts to collect the invoice using the optimal retry strategy for the payment type and error.

Pricing:-

• Core:- The pricing for this plan would be $99 per month of the plan + 1.25% of the revenue generated + 10 cents per transaction.

• Professional:- The pricing for this plan would be $299 per month of the plan + 1.25% of the revenue generated + 10 cents per transaction.

• Enterprise:- Custom price plan, need to contact the service provider.

Example:- For Core plan, if there is revenue generation of $20000 and there is a total of 10 transactions that took place so, for that the calculations will be:-

1.25% of $20000 = $250

10 cent per transaction, then 10 transactions will be 10*10=100 cents i.e $1

So, $250 + $1 = $251,

$251 + $99 (Base charge) = $350

$350 is what you have to pay for the Core plan and similarly, you can calculate the actual pricing for the Professional plan as well.

Features:-

• Whenever the customers upgrade or downgrade their plans or change billing cycles, the software takes care of the proration of the payments.

• You can create as many plans as you want with the help of the software and boost your subscription.

• The software helps to give discount offers and makes it easy to define and manage numerous promotional offers.

Click Here For More Details

5. Chargify

Chargify manages your subscription and dunning management effectively by giving you a set of tools to automate the process of addressing failed cards. In addition, the Chargify also allows you to use their API to seamlessly integrate into your existing signup process.

Pricing:-

• Essential Plan:- The user has to pay $149/month + 1.2% of revenue that has been generated at his business.
  Eg:- If the revenue generated is $10000 then 1.2% would be $120
  So, $149 + $120 = $269

• Advanced Plan:- In this case, the user will be required to pay $299/month + 1.2% of revenue generated.
  Similarly, for this plan, the calculations would be:-
  $299 + $120 (1.2% of $10000 revenue) = $ 419

Features:-

• You can send automated emails to the customers to receive the subscription information they need,  throughout the entire customer lifecycle.

• The user can also set up automatic retries for failed transactions and can create a host of customized messages addressing the different reasons that credit cards fail.

• The software gives the customers a self-service portal to upgrade/downgrade products, access billing history, and manage account related information.

Click Here For More Details

6. Fastspring

A simple and powerful dunning management is provided by fastspring, through which you can send automatic reminder notifications to your customers about past due accounts. It will help you improve the system of the subscription and payment collection.

Pricing:-

• ‘Pay As You Grow’ Plan:- The plan offers low competitive rates in which you have to pay 5.9% per transaction + 95 cents for the account fees.
  For example:- So if there is a transaction of $100 then the calculations would be like 5.9% of the transaction which would be $5.9 + 95 cents that goes as $6.85 would be payable.

• Business plan:- In the respective plan, you will get optimized business, in which you will have a monthly subscription plus transaction fees. The plan will give you additional premium services starting as minimum as $199 per month.

• Enterprise plan:- In the enterprise plan, you will get multiple pricing structures with tiered volume discounts, the plan will include additional enterprise service for the business patch over 2 million annual sales.

Note:- Business and Enterprise plan are customized plans for which you need to get in touch with the providers.

Features:-

• FastSpring’s dunning management process allows you to send pre-billing notifications for annual and bi-annual subscriptions as they approach renewal.

• The software allows geo-location service to detect customer location via IP address and serves language and pricing accordingly.

• You can easily manage all the subscription and recurring billing with an ultimate support system like multiple payment methods, multi-currency support, and multi-language support.

Click Here For More Details

7. Wallee

Wallee is an amazing dunning management software which will intimate customers about their expiration of the plans, In the software, you will be adding dunning levels and dunning flows which will take care of the management of the whole process.

Pricing:-

• Starter:- In the starter plan you would have to pay $4.95 per month in which there would be no transaction fee upto 300 transactions and above that, you would have to pay extra $0.23 per unit transaction.
  For eg:- If the number of transaction beyond 300 goes to 5 transactions, then you would have to pay 5 * $0.23 = $1.15, i.e., $4.95 + $1.15 = $6.1

• Advanced:- Similarly, in the advanced plan you would have to pay $14.95 per month in which there would be no transaction fees up to 1000 transactions and above than that you would have to pay $0.16 per unit transaction.
  For eg:- If the number of transaction beyond 1000 goes to 5 transactions, then you would have to pay 5* $0.16 = $0.8, then, $14.95 + $0.8 = $15.75

• Business:- Similarly, in the business plan you would have to pay $59.90 per month in which there would be no transaction fees up to 40000 transactions and above then that you would have to pay $0.065 per unit transaction.
  For eg:- If the number of transaction beyond 4000 goes to 50 transactions, then you would have to pay 50 * $0.065 = $3.25, then, $59.90 + $3.25 = $63.15

• Enterprise:- For the enterprise plan, you need to get in touch with the service providers.

Features:-

• You can set a dunning fee and a default rate that will automatically be added on top of the invoice when your client’s invoice is overdue.

• The user can choose between different delivery methods. This means we can also send the document directly.

• The system also provides documentation handling in which standard templates are present that you can choose and modify directly in the application with a resource editor.

Click Here For More Details

8. Aria Systems

Aria Systems gives an awesome tool to automatically collect the payments and increase your customer retention without expending large amounts of resources, along with this, the system allows you to generate and send account statements.

Pricing:-

For the pricing details, you need to get in touch with the service providers.

Features:-

• You can create custom HTML, XML, or PDF invoice or statement documents formatted to meet your specific needs.

• The software’s billing and invoice give you full control to automatically route your customer-facing documents wherever they need to go.

• The software will also help you to do the analysis of the declination and the churn rate hence can give valuable insights to the user.

Click Here For More Details

9. Avangate

Avangate is a powerful subscription and dunning management system in which software works in such way that it notifies the customer about the end of the plan just a few days before its expiration.

Pricing:-

• Growth Edition:- In the growth edition, the plan is like 3.99% per transaction  + $0.99 merchant account fees for the revenue limit up to $15000 per month.
  For example:- If there is a $100 transaction, so the 3.99% of $100 would be $3.99 + $0.99 merchant account fees at your business.

• Standard Edition:- In case of the standard edition there is no revenue limit unlike the growth plan and you would have to pay 4.9% per transaction + $2.5 merchant fees.
  For eg:-  If there is a $100 transaction, so the 4.99% of $100 would be $4.99 + $2.99 merchant account fees at your business

Features:-

• The customer gets a powerful portal through which they self-manage and service themselves with the help of the software.

• The software’s account management tools give CSRs a single-page and also a 360-degree view of customers’ subscriptions, entitlements, updates and renewals.

• You will get advance CRM features for example campaign and lead management, customized email templates and tracking, help to reduce churn and increase retention.

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10. Paymotion

Paymotion effectively manages your dunning and subscription hand in hand, the software helps to automate efforts to save failed payments and, ultimately, maximize customer lifetime value.

Pricing:-

For the pricing, you need to contact the service providers.

Features:-

• The tool makes sure that your customers keep their payment details current and also alert them if their credit card or subscription is about to expire.

• The software helps to eliminate a disruption in service or payment and, ultimately, improving customer retention and reducing churn.

• The system helps you instantly recognize when to send out notifications to customers, saving valuable time.

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11. Think Subscription

Think subscription is a splendid software for managing all the activities and the task related to the subscription and dunning management, the system solutions will help you optimize subscription lifecycle events, and maximize billing.

Pricing:-

For the pricing details, you need to get in touch with the service providers.

Features:-

• You can integrate with multiple CRMs for orders, customers and services. Even you can simultaneously see the changes made of one platform on another too.

• The system is a cloud-based recurring payment provider which stores the all data on a cloud server so that you can access your data from anywhere you want.

• The user can provide unit price, and pay-per-view, as well as an end-to-end flow of subscription lifecycle management.

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Conclusion:-

The blog has covered almost all the specification of the services that have been portrayed in it, every service has its own uniqueness that will match up to your custom requirements.

Along with this, the aspect of the dunning management that made you drop here will surely get covered in all the tools, the intimation to all the customers whose plan is going to expire is managed by all the tools specified above.

There are other related blogs as well which you might like to go through:-

• Automated Invoicing Software
• Subscription Management Services
• Payment Tracking Software to gauge revenues & metrics