While selecting your subscription and billing software, make sure that it also allows you to generate invoices based on customer history or other criteria, issue payments automatically, and manage customer accounts receivables.
At saaslogic, we offer third-party integrations with accounting software like QuickBooks to ensure that all downstream accounting functions are updated in real-time without duplicating the work.
- Customized Invoices and Notifications
Invoices and notifications are a crucial part of any subscription and billing management software. The ability to customize these features to meet the specific needs of your business can not only save you time and money but also goes a long way in building a better brand experience for your customers.
Look for a software that allows you to customize both the appearance and content of your invoices and notifications. You should be able to include your company logo, contact information, and any other relevant details. The software should also allow you to choose when and how often you send invoices and notifications.
For example, as a saaslogic merchant, you can set up automated notifications to your customers at various points in the billing and payment process, from due date alerts, and invoice generation to card expiration. These custom notifications not only carry information that is on-brand with your business, but also helps build more trust with your customers.
- Multiple Payment Methods and Gateways
When it comes to billing and payments, having a subscription management software that offers multiple payment methods and gateways is essential. This way, your customers can choose the payment method that works best for them, whether it’s a credit card, PayPal, or even direct debit. And if you have international customers, it’s important to have a gateway that supports multiple currencies.
Here is a checklist of things to look out for when choosing a subscription management software with multiple payment methods and gateways:
– Make sure the software supports the payment methods you want to offer your customers
– Check what currencies are supported by the gateway
– Find out the transaction fees associated with the gateway and choose one that offers the lowest without compromising on processing speed or security.
– Make sure the gateway is PCI compliant.
At saaslogic, we have gone the extra mile and introduced embedded payments with our subscription management and recurring payments platform, so that you can offer the most frictionless payment experience to your customers. We also offer some of the lowest transaction charges in the industry, based on your product/service category. Learn more!