Managing a startup is a hard task for anyone. You will have to run things with few people and even fewer resources. Of all the checkboxes to tick, you should consider billing a top priority one, as it contributes directly to revenue. And you need good subscription billing software to help you streamline your billing and help you get paid faster.
As a startup, it's important to reach out to a wider audience. So, your billing software needs to provide various payment methods like cash, check, card, ACH and online banking, for potential customers to pay for your product or service.
During the early stages of a startup, revenue is hard to come by. So, a good subscription software should help you salvage revenue lost due to involuntary failed payments, with automated card retries and failure notifications.
Startups can't afford to lose existing customers. Your subscription software should give you insights into customer usage patterns and also help you retain defecting customers by providing options to win them back.
Although good subscription software should provide all the mentioned benefits, it shouldn't burn a hole in a startup's pocket.
Cofounder and VP of Customer Experience, Opiniion
In all the chaos of a tech startup, backend systems can be a total time drain. We sought a solution that would allow consistency through an entire sales process, and Zoho Subscriptions fit the bill.
Zoho is a software company that ships 45+ products globally. Operating on a subscription pricing model for more than 20 years has given us the opportunity to face and overcome the practical pain points of subscription businesses. Let us solve your subscription billing challenges, together.