Top 10 Subscription and Billing Management Solution Companies - 2020

From being the sole preserve of startups and forward-thinking enterprises to being the “sweet spot” among leading tech giants like Apple, Amazon, Google, and others, the subscription and billing industry has undergone drastic transformations. Presently, the technological influx is helping organizations to make their billing systems more robust. The heavy use of AI is enabling billing and subscription models to become more automated, thereby reducing the chances of manual error. Also, diminishing the complex pricing models, organizations are resorting to bundling their subscription strategy to enhance customer experience and boost their sales margin. Under the same token, several small and medium-sized enterprises are partnering with eminent providers to include cost-effective cloud-based subscription and billing management software that consequently optimizes customer engagement levels and enables them to stay relevant in the stiffly competitive market.

Keeping in mind such drastic transitions, we have compiled this issue of CIOReview in order to assist organizations in the task of finding accomplished solution providers to help them navigate the subscription and billing realm. In this edition, we have listed the 20 most promising subscription and billing management solution providers 2020 to highlight the enterprises that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers are transforming the subscription and billing paradigm at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the payments and transaction sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of CIO Review helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.

We present to you CIOReview’s “10 Most Promising Subscription and Billing Management Solution Providers 2020”

Top Subscription and Billing Management Solution Companies

Top Subscription and Billing Management Solution Companies

Clarus Commerce has almost two decades of experience in helping retailers launch and manage successful premium loyalty programs. It understands their clients’ market scenario, analyzes the data by integrating with various outlets such as CRM, POS, or payment gateways, and provides them with the appropriate program. Clarus offers premium loyalty programs to clients through a streamlined process that starts with a strategy and alignment workshop. It is also an end-to-end service provider that handles all the IT heavy lifting. The company has great managed services of tech implementation, marketing, product development, product strategy, creative services, member management, and analytics and billing

MembershipWorks’ cloud-based membership software allows organizations to manage their member data, process online payments, accept donations, publish member directories and event calendars online and more.The efficiencies created with all of these features in one place can soften the blow of reduced dues revenue, allow administrators to accurately track payments in real time and give organizations more time to support their members who may be suffering.Organizations who can’t afford to redesign their membership website while also transitioning to new membership management software appreciate that MembershipWorks is fully responsive and works with WordPress, SquareSpace, Weebly and HTML5 websites

For the last 20 years, Operative has been dedicated to accelerating the revenue growth of media agencies by providing them an open, data-driven and highly configurable architecture that works across all linear, digital and converged deals. Operative has systematically worked to rebuild the media market segment-by-segment. Every solution offered by the company has been developed in partnership with its clients to not only future-proof processes and systems but to also steer innovation in the industry. The depth of these relationships has yielded products that address each client’s pain points at each intersection on the journey—from buyer to seller

Payway is a secure software solution that helps card-not-present businesses simplify transaction processing for improved cash flow and lowered costs

Aria Systems

Aria Systems

Aria’s cloud-based monetization platform removes billing bottlenecks to allow companies to quickly launch and evolve their offerings. Only Aria provides speed and agility at scale, delivers actionable customer insights, and empowers business users with direct control to better monetize their offerings. Innovative companies like Adobe, Audi, Experian, and Philips depend on Aria to accelerate their time to revenue, maximize customer value, and grow their business. Aria is award-winning and top ranked by leading research firms. Headquartered in downtown San Francisco, CA, Aria has field offices throughout the world

Chargebee

Chargebee

Chargebee is a recurring billing and subscription management tool that helps SaaS and SaaS-like businesses streamline Revenue Operations. Chargebee integrates with the leading payment gateways like Stripe, Braintree, PayPal etc. around the world to let you automate recurring payment collection along with invoicing, taxes, accounting, email notifications, SaaS Metrics and customer management. Chargebee handles all your crucial workflows from lead to ledger with power-packed integrations that include Salesforce, Xero, Quickbooks, Avalara, Slack, among others

Chargify

Chargify

Chargify is a billing and revenue management platform for fast-growing SaaS businesses. Founded in 2009, Chargify started out as a team within Grasshopper focused on the core needs of recurring billing. Over the past decade, Chargify has expanded its offerings to address the complexities of SaaS revenue management, with core functionalities in elastic billing, revenue operations and SaaS-tailored insights. Headquartered in San Antonio, TX, the company has helped thousands of businesses manage millions of offers and now processes more than $1B through its platform annually

Recurly

Recurly

Recurly gracefully handles all the complexities of subscription billing and revenue optimization. Recurly, Inc. provides enterprise-class recurring billing management for thousands of subscription-based SaaS, Web 2.0, Mobile, content and publishing businesses worldwide. Since it’s launch in January of 2010, Recurly has deployed subscription billing for companies throughout North America and the European Union. As the leading recurring billing platform Recurly ensures setup is easy, integrations are quick and their service sales with the needs of any business. With Recurly merchants can be ready to accept payments and focus on growing sales in days not weeks

Vindicia

Vindicia

Vindicia offers comprehensive subscription management solutions that help businesses acquire and retain more customers. Providing much more than just a billing and payments system, the company’s SaaS-based subscription management platform combines big data analysis, strategic consulting and proprietary retention technology. Vindicia provides its clients with more recurring revenue, more customer data, better insights, and greater value throughout the entire subscriber lifecycle. At Vindicia, they place an emphasis on diversity and respect which ultimately leads to operational excellence and success. We believe that our differences are what make us great

Zuora

Zuora

Zuora provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The firm offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition. Its products include Zuora Billing, Zuora Revenue, Zuora CPQ, Zuora Analytics, and Zuora Collect. Zuora caters to various industries comprising software, hardware, media, transportation, construction, healthcare, education, retail, Internet of Things, and others worldwide