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April 5, 2024
Revenue Recognition: Simplifying Revenue Accounting
Maxim Gritsenko
When you run a subscription-based business, or any business for that matter, the revenue from customer purchases has to be recognized and determined for accounting. An accepted way of doing this is revenue recognition. It’s a principle that uses accrual accounting to assess when and how revenue should be recognized. At Vizibill, we’ve implemented the […]
April 4, 2024
What Questions Should You Ask When Evaluating a Billing System?
Maxim Gritsenko
Finding the best billing software for your business's needs can seem like an impossible task, especially when it comes to differentiating between vendors. Nearly every billing vendor likely offers the same core functionality. You'd be hard-pressed, for instance, to find subscription billing software that doesn't support recurring invoices, for instance. When evaluating and selecting which […]
April 4, 2024
7 Vital Subscription Business KPIs to Monitor & Enhance
Maxim Gritsenko
Subscription business models have become more popular over the past few years as both businesses and consumers appreciate the predictability they offer. Consumers appreciate predictable rates for services they need or products that arrive automatically. In turn, businesses can generate reliable, recurring revenue that allows for reliable business growth. We can look at the growth […]
April 3, 2024
Maxim Gritsenko
There are many types of subscription-based businesses, from Amazon Prime, Netflix and Disney+, right down to gym memberships, monthly magazines, and even your daily coffee. But they all have one thing in common – managing recurring revenue. At the heart of recurring revenue is recurring payments from customers. Building customer loyalty and long-term relationships with […]
April 3, 2024
Integrate and Collaborate with Vizibill
Maxim Gritsenko
It’s one thing adding new software into your business to solve one problem or add functionality, such as managing subscription billing. But unless it is easily integrated into latent applications, it could create more problems than it solves. At Vizibill, our cost-effective and highly scalable recurring and subscription billing solution has been designed to integrate […]
April 2, 2024
Identifying and Engaging At-Risk Customers Through Churn Analysis
Maxim Gritsenko
Every SaaS company loses customers now and then. The key to success lies in ensuring that you don't lose more people than you gain. To put it another way, for your business to grow and thrive, you need to keep your churn rate lower than the rate at which you acquire new clients. Your best […]
April 1, 2024
Security Protocols: The Ultimate in User Data Protection from Vizibill
Maxim Gritsenko
For any business, maintaining the safety of their customer's data is of high importance. The security protocols put in place must ensure this data is safe and secure 24/7. When it comes to recurring subscriptions, the company retains vital financial and personal information, which significantly raises the stakes. At Vizibill, we provide businesses with the […]
April 1, 2024
How AI Will Transform Subscription Businesses & Recurring Billing
Maxim Gritsenko
Businesses in nearly every industry are exploring ways to leverage the latest advancements in AI and automation to enhance their products and services. We can see how the AI software market revenue worldwide is expected to reach US$126 billion by 2025, with a wide range of applications, including natural language processing, machine learning, and robotic […]
February 21, 2024
6 Common Recurring Billing Challenges You Need to Know
Artemy Kirnichansky
Recurring billing has become a popular business model for good reason — if successful, companies can benefit from predictable revenues. In this model, growing means providing value to your customers through pricing, service quality, and other metrics. Here’s what we know: the global subscription e-commerce market is expected to grow to $904.2 billion by 2026. […]
January 11, 2024
Supercharge Your Subscription Business: Unleash Revenue Growth with Vizibill
Artemy Kirnichansky
The subscription model has enabled businesses across many industries to engage and retain customers long-term by creating recurring revenue. Customers sign up for a weekly, monthly, or even yearly subscription, which is automatically renewed. This not only gives businesses a steady income stream but also the opportunity to leverage customer relationships. Your customers benefit from […]
How to
guides
Tactics, toolkits, and industry leading customer service to help you get the most from your billing systems.