Top 10 Subscription and Billing Solution Companies - 2021

Providing convenience and flexibility is the only way for businesses to survive and prosper in this era of relentless digitalization. The subscription-based model has quietly risen to become the golden standard for firms looking to retain clients by putting convenience at their fingertips. Offering a subscription-based product or service and collecting recurring billing, on the other hand, isn't as simple as it sounds. To give a memorable experience and a hassle-free path to their clients, subscription businesses must be prepared for several unusual barriers and challenges.

There is no one-size-fits-all pricing strategy to choose from because subscription plans are all about flexibility and responding to each customer's unique demands. Depending on the type of business, there are several billing models to focus on in order to provide customers with a wide range of options and freedom to choose how they want to pay. For example, Freemium is one subscription model that allows users to get started for free with a limited day trial period and then upgrade when they want.

At this juncture, various Subscription and Billing Solution Providers are joining the market to cater to the different needs of enterprises. To help them choose the solution that best fits their requirement, CIOReview has compiled a list of 10 Most Promising Subscription and Billing Solution Providers. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you CIOReview’s ‘10 Most Promising Subscription and Billing Solution Providers - 2021’.

    Top Subscription and Billing Solution Companies

  • 1

    As a globally recognized leader in the recurring billing and subscription management space, Chargify offers a billing and revenue management platform built specifically for fast-growing B2B SaaS businesses, equipping them with the flexibility to create, optimize, and adapt their billing as needed. Founded in 2009 with a focus on recurring revenue business models, Chargify seamlessly removes billing bottlenecks, helping businesses grow faster. Today, the company specializes in providing complex usage and events-based billing, subscription management, payment collections, and data management tools. From customer acquisition, invoicing, and revenue collection to final reporting and accounting—Chargify streamlines the entire subscription management process

  • 2

    NMA is a merchant advocacy group dedicated to reducing or eliminating the unnecessary fees associated with accepting credit card payments. Since 2004, NMA's payment processing solutions have been delivering tailored solutions, best-in-class customer service, and high-quality service offerings for businesses across multiple industries. Whether it's high-risk or low-risk, brick-and-mortar, or e-commerce, NMA will create the best processing experience for your company

  • 3

    Aria Systems

    Aria Systems

    Aria’s cloud-based monetization platform removes billing bottlenecks to allow companies to quickly launch and evolve their offerings

  • 4

    BLULOGIX LLC

    BLULOGIX LLC

    BluIQ™ is a configurable platform that bridges the gaps between your CRM, ERP and related business processes and creates a seamless monetization process and convert any product into an as-a-Service offering

  • 5

    Chargebee

    Chargebee

    Chargebee offers subscription and recurring billing system for subscription-based SaaS and eCommerce businesses

  • 6

    Clarus Commerce

    Clarus Commerce

    Clarus understands that consumers find it hard to maintain their loyalty and opens subscription-based premium loyalty programs for retailers of all sizes to strengthen their relationships with customers

  • 7

    IDI Billing

    IDI Billing

    IDI is dedicated to delivering best-in-class billing, automation and workflow solutions and also offer a wide range of services and a tailored approach that ensures a successful partnership

  • 8

    Operative

    Operative

    The company has been helping media companies accelerate their revenue growth by providing an open, data-driven and highly configurable architecture that works across all linear, digital and converged deals

  • 9

    Payway

    Payway

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

  • 10

    Recurly

    Recurly

    Recurly makes subscriptions a competitive advantage for leading brands worldwide