Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
This subscription service is designed to enhance customer lifetime value and boost retention rates. Here, you will discover all the essential tools needed to process payments, oversee subscriptions, and mitigate churn, ultimately aiming to cultivate a base of satisfied customers who consistently renew their subscriptions. Additionally, you can access extra services tailored to enhance conversions, renewals, tax compliance, and customer support. With support for nine different payment methods featuring recurring billing and a multi-language checkout available in 29 languages, your subscription business is well-equipped for international expansion. Our comprehensive tools and automated triggers are designed to maximize monetization throughout the subscription lifecycle, thereby increasing both average order value and customer lifetime value. You can efficiently oversee your subscription model with ready-to-use reporting focused on critical metrics such as monthly and annual recurring revenue, renewal and churn rates, and the number of active customers and subscriptions. Furthermore, keep an eye on renewal forecasts and cohort analysis to make data-driven decisions. This approach not only streamlines management but also sets a solid foundation for sustainable growth in your business.
Description
SAP Billing and Revenue Innovation Management provides a robust cloud-native platform that allows businesses to effectively monetize various offerings, including subscription-based, usage-based, and bundled services. This platform features a high-performance billing engine that manages one-time charges, recurring fees, usage-based pricing, and tiered structures while seamlessly aggregating data across different systems and facilitating partner settlements, all while maintaining the flexibility for real-time pricing adjustments. By rapidly introducing innovative offerings, it empowers organizations to enhance recurring revenue, optimize customer lifetime value through tailored promotions and automated lifecycle management, and efficiently scale operations through the automation of high-volume billing, invoicing, and financial postings worldwide. Among its key functionalities are flexible subscription lifecycle management with automatic renewals and real-time fee assessment, the automated generation of personalized customer offers and payment alternatives, as well as unified invoice creation that incorporates data enrichment and invoice-level discounts. Moreover, it also includes comprehensive entitlement tracking to ensure that customers receive the full scope of their subscriptions and benefits.
API Access
Has API
Yes
API Access
Has API
No
Integrations
2Checkout
Yes
AbanteCart
Yes
Avangate
Yes
Checkfront
Yes
CoffeeCup Web Form Builder
Yes
DPD
Yes
Drupal Commerce
Yes
Dynamic Product Options
Yes
Hiveage
Yes
Jotform
Yes
Integrations
2Checkout
No
AbanteCart
No
Avangate
No
Checkfront
No
CoffeeCup Web Form Builder
No
DPD
No
Drupal Commerce
No
Dynamic Product Options
No
Hiveage
No
Jotform
No
Pricing Details
$0.35 per sale
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Verifone
Country
United States
Website
www.2checkout.com/products/2subscribe/
Vendor Details
Company Name
SAP
Founded
1972
Country
Germany
Website
www.sap.com/products/financial-management/billing-revenue-innovation-management.html
Product Features
Subscription Management
Cancellation Management
Yes
Discount / Coupon Management
Yes
Dunning Management
Yes
Enrollment Management
Yes
Product Catalog
Yes
Recurring Billing
Yes
Revenue Recognition
No
Revenue Recovery Tools
No
Self Service Portal
Yes
Subscription Plan Management
Yes
Tax Management
Yes
Trial Management
No
Usage Tracking/Analytics
Yes
Product Features
Billing and Invoicing
Billing Portal
No
Contact Database
No
Contingency Billing
No
Customer Portal
No
Customizable Invoices
No
Dunning Management
No
Hourly Billing
No
Invoice History
No
Mobile Payments
No
Multi-Currency
No
Online Invoicing
No
Online Payments
No
Payment Processing
No
Project Billing
No
Recurring/Subscription Billing
No
Service Ticket Billing
No
Tax Calculator
No
Recurring Billing
Customer Portal
No
Deferred Billing
No
Discount Management
No
Dunning Management
No
Invoice History
No
Multi-Currency
No
Multi-Period Recurring Billing
No
Payment Processing
No
Recurring Donations
No
Subscription Billing
No
Subscription Management
Cancellation Management
No
Discount / Coupon Management
No
Dunning Management
No
Enrollment Management
No
Product Catalog
No
Recurring Billing
No
Revenue Recognition
No
Revenue Recovery Tools
No
Self Service Portal
No
Subscription Plan Management
No
Tax Management
No
Trial Management
No
Usage Tracking/Analytics
No