Cloud Billing Platform
A cloud billing platform is a type of billing platform that is hosted in the cloud. As a cloud-based solution, a cloud billing platform delivers many of the benefits associated with B2B SaaS, such as lower CAPEX costs. To be the most effective, a cloud billing platform should be able to accommodate multiple pricing models—including recurring, tiered, one-time, etc.—as well as offer the ability to quickly change pricing, customize invoices, automate reconciliation, and more. It is estimated that the worldwide cloud billing market will reach $48.4 billion by 2026.
Why Billing Transformation Is a Must-Do
Organizations with legacy billing systems are facing the challenges of either maintaining the status quo or digitally transform and make billing a priority. Our white paper explores the trends that are driving the need for modernize billing and what challenges having legacy billing systems can create.
AppDirect Subscription Billing Service
Learn about the cloud billing solutions designed to monetize cloud services that can help drive sales directly.
