Tech
3 Best Subscription Management Software for Your Startup
The success of every startup is proper management of its processes, services, sales, and billing details that are on a recurring basis. A company or business needs a reliable tool that can handle subscribing, unsubscribing, invoices, credit card processing, and other related tasks. With these, they need software that can give detailed reports of their subscriptions, how many new entries are in the month, and overall revenue generated.
In this article, we will share the top 3 subscription management software that can handle your burden and makes you relax. A subscription management software provides you to manage all your sales and billing details within one place. All software have their own features, you need to choose the right one that suits all of your needs. However, the best management software is the one that has maximum features including billing management, customer management, and payment processing. Have a look at the below 3 subscription management software and choose the one that suits you:
- NachoNacho
- Chargebee
- 2Checkout
1. NachoNacho
NachoNacho is the only subscription management software that allows users to buy SaaS products as well. It is a globally recognized leader in recurring billing and subscription management. They allow users to connect their payment methods to NachoNacho account and allows them to create one virtual credit card for each subscription.
You are also allowed to migrates your existing subscriptions to your NachoNacho account by changing the credit card of the subscription. You even have the right to fully control the spending limits of the cards, suspend them easily, or cancel the card anytime. For security purposes, users don’t need to input their bank details and can use virtual credit cards by setting strict rules on them. All of these features are under one account that is very helpful in growing your startup.
2. Chargebee
It is a plug-and-play type platform that allows companies or business owners to capture, retain, and maximize the revenue with its automated recurring billing system, revenue analytics, and subscription management all in one place. It works on a usage-based model that charges your customers only if they use your product.
You can integrate 30 payment methods including Paypal, Stripe, and Amazon payments. It helps you to capture customers from around the world. By integrating with it, Chargebee optimizes your revenue opportunities, optimize your sales and finance operations that help you to generate more revenue and keep track of everything in one place.
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3. 2Checkout
Founded in 2017 acquired by Avangate, 2Checkout is a global solution to subscription and billing management. It allows companies to sell their services or products across different channels, help gain more customers, increase revenue, multiple payment methods, and subscription billing management all in one place helps to maximize business sale conversion rate.
Currently, 2Checkout is offering three options: 2Sell, 2Subscribe, and 2Monetize. They also offer 2Convert and 2Bill options. The 2Sell option allows companies to accept payments through 100 different payment methods with 100 different currencies and support 29 languages. It allows you to take payment from around 200 countries. The second option 2Subscribe helps you to gain customers. The last option 2Monetize helps businesses to sell their digital products worldwide. All of these features are under one account.
