Discover the top subscription billing platforms for managing recurring billing processes. Compare their features to find the best fit for your SaaS business.
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Factors to Consider When Choosing Subscription Billing Platforms
Best Subscription Billing Platforms for You to Try
FAQ
Which Subscription Billing Platform Should You Choose?
Subscription billing platforms have become necessary for SaaS companies to streamline their invoicing and billing. As subscription-based services increase, these platforms provide essential tools for managing recurring revenue.
Without the right solution, you may struggle with invoicing errors, payment failures, and even compliance issues. That’s why selecting the right subscription billing solution is a must.
But here’s the challenge:
Several subscription billing platforms exist, with more being introduced every year. This can make it difficult to choose from all the options.
To help you out, we’ve reviewed several subscription billing platforms and shortlisted 19 options for you.
Also Read:
- What is SaaS Billing? Best Practices and How-To Guide
- How to Streamline Financial Processes with Subscription Billing Platforms
Factors to Consider When Choosing Subscription Billing Platforms
If your business uses a subscription pricing model, you need good billing software to manage its complexities.
Here are some key factors to consider when choosing subscription billing platforms.
1. Pricing Structure and Fees
Subscription billing platforms use different pricing models, including flat-rate, usage-based, and revenue-sharing structures. So it’s important to assess all fees, including transaction costs, setup charges, and hidden expenses that could impact profitability.
Some platforms charge based on the number of invoices or customers, which can affect costs as the business scales. Look for a transparent pricing model that aligns with your revenue strategy and growth projections.
2. Integration with Other Tools
A good subscription billing platform should integrate with your existing business tools like CRM, accounting software, and payment gateway connectors. Proper integration can streamline your business workflows.
You can consider subscription billing platforms that support APIs and third-party plugins as they offer more flexibility in customization and automation. If the system doesn’t integrate well with essential software, it may lead to inefficiencies and higher operational costs.
3. Scalability and Flexibility
Your business will grow with time, and your subscription billing platform should be able to grow with you. Consider whether the platform can handle increasing transaction volumes, expanding customer bases, and the addition of new subscription plans or pricing tiers.
A flexible platform allows you to easily adapt to changing market demands and customer preferences without requiring costly and time-consuming migrations.
4. Customer Support and Onboarding
Another factor to consider when choosing subscription billing platforms is customer support. Consider whether the provider offers dedicated account management or personalized training to help you get started.
You should also look for documentation, tutorials, and responsive support channels for a smooth onboarding process.
5. Reporting and Analytics
Analytics are key to tracking the performance of your subscription business. The best subscription billing software solutions track key SaaS metrics, such as customer churn or revenue growth.
A good subscription management platform should offer real-time reporting, customizable dashboards, and the ability to export data for further analysis. These features enable you to make informed decisions about pricing and how to collect payments.
Also Read:
- Top Accounts Receivable (AR) Software Solutions
- A Tactical Buyer's Guide for Subscription Management Solutions
Best Subscription Billing Platforms for You to Try
When choosing a subscription billing platform, look for one that can efficiently manage recurring payments, handle invoices, and support revenue growth. Here are some of the top subscription billing platforms you can pick from.
1. Younium
Image via Younium
Younium is a subscription management and billing platform for B2B SaaS companies. It handles everything from pricing and quoting to automated invoicing and revenue recognition.
Designed for SaaS businesses with complex contracts, Younium offers flexible billing schedules, automation capabilities, and real-time financial insights.
Supporting multiple payment methods (bank transfers and checks), multi-currency transactions, and advanced revenue recognition (ASC 606, IFRS 15), Younium ensures compliance and accuracy in financial reporting.
Key Features
- Multi-company and multi-currency support
- Revenue recognition compliant with ASC 606 and IFRS 15
- Flexible billing schedules with discounting and proration options
- Custom dashboards and real-time reporting
- Milestone tracking for contract-based billing
- Metrics overview to track key SaaS KPIs, such as MRR, ARR, churn, and expansion revenue
- Advanced reporting engine with CSV/Excel export
- Plug-and-play integrations with open REST API
Pricing
- Younium offers custom pricing based on business needs. Contact the team for a tailored quote.
2. RecVue
Image via RecVue
Another on our list of subscription billing platforms that can help businesses manage the entire billing life cycle of their subscriptions is RecVue. This platform supports various types of subscription plans and upgrades, downgrades, and subscription changes.
It supports multi-currency billing to allow you to cater to global customers while ensuring compliance with standards like ASC 606 and IFRS 15.
Customizable workflows and APIs are also features that make RecVue one of the most scalable and flexible subscription billing platforms for growing businesses.
Additionally, you can track trends in your payment process, revenue generation, customer behavior, and other subscription metrics using its analytics and reporting features.
Key Features
- Automated accounting entries
- Customizable reporting and dashboards
- Subscription billing and invoicing automation
- Revenue recognition and financial compliance tools
- Integration with several business systems including ERP, CRM, and tax tools
- Quotes and contracts automation and management
- Dynamic product catalog and pricing system
Pricing
- Pricing information can be requested by contacting the sales team.
3. Zoho Billing
Image via Zoho
Zoho Billing is a notable subscription management solution for managing recurring billing and subscriptions.
Zoho Billing lets you handle complicated billing cycles, manage customer subscriptions, and automate invoicing and payment collection.
You can offer various subscription plans, from simple monthly plans to complex usage-based billing to meet diverse client needs, and the tool will support it.
Additionally, the platform provides business insights, so you can monitor key metrics like subscription sales, revenue, and churn, to help you make informed decisions for business growth.
Key Features
- Customer lifecycle management including trials, upgrades, and cancellations
- Secure payment links and hosted payment pages
- Mobile app access for managing billing on the go
- Low-code customization for tailored workflows and modules
- Multi-entity support for global operations
- Comprehensive product catalog management
- Automated invoice creation with tax calculations
Pricing
- Standard: $29/organization/month
- Premium: $69/organization/month
- Custom: Based on an organization’s needs
4. Sage Intacct
Image via Sage
If you’re looking for subscription billing platforms that can automate core accounting processes, then you should consider Sage Intacct. The platform allows accounts payable automation to streamline recurring SaaS billing.
Sage Intacct also has an Intelligent General Ledger that helps automate the accounting processes. It enables real-time reporting, so you can have up-to-date financial data at your fingertips.
In addition, Sage is one of the subscription billing platforms that provides powerful dashboards and insights into a company’s payment performance.
Even businesses managing multiple entities can benefit from Sage’s multi-entity insights as a single source of truth for their financial health.
Key Features
- AI-powered accounting for automated financial processes
- Multi-entity support for global operations
- Accounts payable automation to reduce manual workload
- Accounts receivable management to improve cash flow
- Intuitive budgeting for real-time expense monitoring
- Advanced dashboards and reporting for financial insights
- Intelligent general ledger for streamlined accounting
Pricing
- Quote-based plans which are available upon request
5. Recurly
Image via Recurly
With 16+ years of operations, Recurly is one of the subscription billing platforms trusted by many. The platform offers automated billing, revenue recognition, and churn management to streamline operations.
You can customize pricing tiers and plans, manage promotional offers, and gain insights through its advanced analytics.
Recurly’s multi-gateway payment system supports global transactions and allows payments in multiple currencies. It also integrates with various third-party applications, including CRM software, accounting software, and marketing automation tools.
Key Features
- Automated recurring billing and invoicing
- Dunning management to reduce payment failures
- Revenue recognition and financial compliance
- Advanced analytics and reporting tools
- Multi-gateway payment processing with global support
- Customizable pricing models, including usage-based billing
- Subscriber lifecycle management and engagement tracking
Pricing
- Starter Plan: Free trial available for three months, then $249/month
- Professional Plan: Custom pricing based on business needs
- Elite Plan: Enterprise-level solution with custom pricing
6. ChargeOver
Image via ChargeOver
ChargeOver is one of the leading subscription billing platforms with a suite of tools to support various billing models. It allows businesses to send invoices and payment reminders and accept subscription payments through several methods.
The platform supports dynamic pricing strategies that can be adjusted based on business needs. As your business scales, you’ll have the tools to track SaaS metrics, monitor lifetime values, and receive real-time billing updates.
ChargeOver also works well with several business tools including marketing, CRM, accounting tools, and payment gateways. With these integrations, you can streamline your revenue recognition.
Key Features
- Real-time tracking and reporting of payment and billing data
- Automated subscription billing to streamline financial processes
- API for easy integration into existing ecosystems of 60+ tools plus 50+ payment gateways
- Comprehensive product catalog for managing complex charge calculations
- Payment and billing notifications and reminders
- Automatic transaction retries
- Encryption protocols for transaction processing
Pricing
- ChareOver uses a scalable pricing plan that starts at $229/month.
7. Sticky.io
Image via Sticky.io
With over 12 years of experience and over 10,000 merchants relying on it, Sticky.io stands out for its advanced payment routing. As one of the global subscription billing platforms, it helps businesses authorize payments in several regions.
It’s one of the top subscription billing platforms and supports over 400 partner integrations with third-party tools and systems. These can help you streamline operations across payments, tax compliance, fulfillment, and more.
For businesses with a global reach, Sticky.io provides multi-entity support, so it’s easier to manage billing across different regions and currencies. With the platform's enterprise-grade reliability, you can handle high transaction volumes and scale with confidence.
Key Features
- Advanced payment routing for cost reduction
- Multiple payment methods for customer convenience
- Customizable offer structure tailored to business needs
- AI-driven solutions to reduce involuntary churn
- Integration with over 400 third-party tools
- Scalable infrastructure supporting over 10,000 merchants
- Comprehensive analytics for informed decision-making
Pricing
- Customized pricing based on business needs.
8. Maxio
Image via Maxio
Maxio is one of the subscription billing platforms, offering tools to manage the subscription lifecycle. Maxio includes reporting and analytics features.
Key Features
- Reporting and analytics dashboards
- Invoicing capabilities
- Automatic renewals and upgrades management
Pricing
- Build: Free for 30 days
- Grow: $599/month for businesses with up to $100k in monthly billings
- Scale: Custom pricing for businesses with over $100k in monthly billings
9. Paddle
Image via Paddle
As one of the leading subscription billing platforms, Paddle offers a comprehensive solution to manage business subscriptions. With Paddle, you can handle multi-product subscriptions, flexible billing cycles, and international transactions.
As your merchant of record, Paddle handles all aspects of sales tax, so you don’t have to worry about keeping up with constantly changing international regulations.
Paddle’s fraud protection tools add another layer of security, helping businesses reduce risks associated with chargebacks and fraudulent transactions.
The software also goes the extra mile with developer support, offering a full REST API to integrate with various payment systems.
Key Features
- Global tax compliance, automatic remittance of sales tax
- Multi-product subscriptions, multi-seat plans, and add-ons
- Automated recurring billing with full tax compliance
- Multiple payment options, including credit cards and alternative methods
- Automated dunning features to reduce churn rate and improve retention
- Full REST API for integration with detailed documentation
- GDPR, SOC2, and 3D-Secure 2 compliance for enhanced security
Pricing
- Pay-As-You-Go Plan: 5% + 50¢ per transaction
- Custom plan: Tailored pricing for larger businesses
10. Stax Bill
Image via Stax Bill
Like other subscription billing platforms, Stax Bill is an advanced tool for automating recurring billing and payment collection.
Its recurring billing capabilities include custom invoicing, dynamic pricing, and automated lifecycle communications that ensure accurate charges every time.
Moreover, Stax Bill claims that it helps companies recover up to 4% more revenue with automated payment collection features, reducing the chances of failed payments.
Key Features
- Advanced payment routing for cost reduction
- Multiple payment methods for customer convenience
- Customizable offer structure tailored to business needs
- AI-driven solutions to reduce involuntary churn
- Integration with over 400 third-party tools
- Scalable infrastructure supporting over 10,000 merchants
- Comprehensive analytics for informed decision-making
Pricing
- Growth Plan: Starting at $499/month for businesses with up to $85k in monthly billings
- Enterprise Plan: Custom pricing for large businesses with diverse subscription offerings
Also Read:
- What is Subscription Billing? A Guide for SaaS Businesses
- How to Create a Subscription Revenue Model Template
11. Wave
Image via Wave
This is one of the subscription billing platforms that double up as accounting tools. The platform provides an intuitive dashboard to monitor your company’s revenue data.
You can easily send professional invoices and reminders to your customers and automate the process. Moreover, it can automatically enter your invoices and payments in your accounting records enabling you to accurately track payments.
With Wave, you can create unlimited estimates and invoices and keep your financial records organized.
Best of all, you’ll enjoy bank-grade security for all payments. Unlike some subscription billing platforms, Wave offers mobile receipt scanning, which can help you keep track of expenses on the go.
Key Features
- Unlimited invoicing and estimates
- Mobile app for on-the-go invoicing and payments
- Integrated payroll for quick staff payments
- Access to professional financial advisors
- Real-time expense tracking
- Customizable invoices and bills
- Tax management tools
Pricing
- Starter: Free
- Pro: $16/month
12. JustOn
Image via JustOn
Like most subscription billing platforms, JustOn automates financial processes. It is on the Salesforce platform, so if you’re already using it, this is a good option for you.
The software can help you gather data from different sources including your ERP and CRM system for proper tracking. You can set up billing plans with flexible pricing models including service periods and cancellation terms, and automate your billing process.
For recurring billing, JustOn generates and sends invoices to customers at scheduled intervals, and manages reminders for billing periods.
Key Features
- Contracts and billing automation
- Analytics and reporting tools for real-time monitoring of financial KPIs
- Automatic reconciliation of invoices and payments on the Salesforce platform
- Integration with several payment providers as well as the European Information Exchange System for VAT check
- Incoming and outgoing payment mapping
- Revenue reports and balance overviews
- Integrated dunning features to support outstanding payment collection
Pricing
- Custom pricing. A 30-day free trial is also available.
13. Billwerk+
Image via Billwerk+
Next on the list of top subscription billing platforms is Billwerk+, a tool that can help you automate your payment workflows.
With Billwerk+, you can set up and optimize your payment process to cover the entire payment and subscription lifecycle.
One standout feature Billwerk+ offers compared to other subscription billing platforms is its Product Catalog feature which allows you to feature your best products, and offer discounts and other incentives on hosted pages.
You also have access to over 50 non-recurring and recurring payment methods, which you can use to optimize the payment processes for your customers.
Key Features
- Independent payment gateway, Billwerk+ Pay, with access to 50 payment methods for global usage
- Dynamic routing options for payment management
- Intuitive analytics dashboard with overviews for over 60 SaaS subscription metrics
- Product catalog with incentives and flexible pricing options
- Automated credit card updates and dunning flows
- API with pre-defined plugins for connection
- User-friendly email builder for transactional email campaigns
Pricing
- Starter: €49/month ($50.94/month)
- Professional: €299/month ($310.86/month)
- Premium: Custom pricing
- Billwerk+ Pay: €19/month ($19.75/month)
Conversion rate: 1€ = $1.04
14. FastSpring
Image via FastSpring
As one of the global subscription billing platforms, FastSpring allows you to manage SaaS subscriptions from customers globally.
It allows you to offer different payment methods and accept payments in multiple currencies. FastSpring allows you to set up different subscription models, including free trials and multiple pricing tiers. It also provides self-service portals for managing their accounts.
As one of the global subscription billing platforms, FastSpring can help you collect and remit sales tax and VAT. It can also help you keep track of the tax requirements for the different countries from where you accept payments.
Key Features
- Tax collection and automatic remittance
- Subscription revenue monitoring and reporting dashboards
- Automatic payment routing
- Access to various localized payment methods and 20+ currencies
- Automatic quotes and invoice generation
- Integration with CRM, marketing, and content management platforms
- Branded embedded checkouts
Pricing
- Contact the sales team for pricing information.
15. BlueSnap
Image via BlueSnap
If you're looking for one of the top subscription billing platforms to accept global payments, BlueSnap falls under this category.
It allows you to process payments in over 200 regions through several ways, such as online, mobile, subscriptions, and even marketplaces. BlueSnap also lets you monitor and resolve chargeback billing issues before they happen.
For recurring billing, BlueSnap supports automatic invoicing plus features like customer account updater and auto retries to accept recurring payments.
Key Features
- Accounts Receivable automation features to manage recurring payments and invoices
- Customizable subscription management options including tiered plans, usage-based pricing, and others
- Automated retries and customer payment information update
- Integration with ERP and accounting systems to recognize revenue easily
- Accepts 100+ payment methods and currencies
- Consolidated payment analytics and reporting dashboard and custom reports
- Chargeback management tools
Pricing
- No pricing information on the website. Contact the experts for custom details.
16. PayKickstart
Image via PayKickstart
PayKickstart is one of the top subscription billing platforms for marketing teams to handle their checkout process and recurring billing.
It provides over 50 customizable checkout templates to create checkout workflows for customers. You can use it to accept payments via cards, digital wallets, and more in over 135 currencies.
PayKickstart automates billing throughout the customer lifecycle for effective subscription management.
Key Features
- Customer billing portal for subscription modifications
- Option to accept payments in over 135 currencies
- Library of 50+ checkout templates and checkout widgets that can be embedded
- Integration with 60+ tools and an additional 3,000 integrations via Zapier
- Subscription billing automation
- Bank-grade compliance and security standards
- Dunning management features with in-app notifications
Pricing
- Starter: $99/month
- Growth: $199/month
- Scale: Custom pricing
17. Vindicia
Image via Vindicia
Another tool among the top subscription billing platforms is Vindicia. It can help you recover failed payments.
It can simplify your recurring billing process by using some of the widely accepted payment methods with up to 90 options.
One key feature that distinguishes Vindicia from other subscription billing platforms is its advanced retention technology. It helps prevent failed recurring payments and offers analytics on possible causes.
Key Features
- Integration with 60+ payment providers and gateways
- Automated billing across the entire lifecycle
- Subscription intelligence feature for churn analysis and management
- AI-powered analytics and retention technology
- Subscription metrics tracking and reporting
- Access a wide range of subscription billing models including freemium, bundles, and hybrids
- Multi-tenant cloud infrastructure
Pricing
- Contact the sales for pricing details
18. Spreedly
Image via Spreedly
With a customer base spanning industries like media, fintech, and ecommerce, Spreedly is one of the scalable subscription billing platforms that allow cross-border payments.
It provides a flexible, API-driven infrastructure that enables companies to streamline their payment processes. The platform securely stores and tokenizes payment details to improve information security and compliance.
To process payments for your SaaS business, you can connect to multiple payment service providers which helps to reduce reliance on a single gateway. You can also increase payment success rates by routing transactions through the most efficient gateways.
Key Features
- Integration with 140+ payment gateways and services to expand your reach
- Global payment processing with support for multiple currencies and payment methods
- Customizable logic for transaction retries
- Reporting and alerting functionality for transactions
- Dashboard for monitoring and managing payment performance
- Integrated fraud protection feature to optimize payment flows
- Compliance with PCI-DSS standards to safeguard customer payment information
Pricing
- Custom pricing
19. Billsby
Image via Billsby
Like other subscription billing platforms, Billsby allows users to create and manage subscription plans with flexible pricing models, billing cycles, and customization options.
As a business, you can allow customers to manage their subscriptions, update payment details, and view invoices through a branded self-service portal.
You can generate and send invoices automatically, and reduce involuntary churn with automatic payment retries and customer retention tools. Like other subscription billing platforms, Billsby supports multiple billing models, such as flat-rate, metered, and prorated options, to suit different business needs.
Key Features
- Subscription management features including subscription plans and billing cycles update
- Multiple payment gateways with the flexibility to switch as needed
- Compliance with tax regulations across multiple regions
- Automated billing notifications and reminders
- Advanced reporting functionality to access insights, analytics, and SaaS revenue tracking in one place
- Developer-friendly API to ensure integration with your existing systems and tools
- Automated dunning and retention tools for churn management
Pricing
- Free Plan
- Core: $45/month
- Pro: $135/month
- Custom: Tailored pricing
Also Read:
- Most Important Subscription Management Software Features
- What is Subscription Management? A Guide for SaaS Businesses
FAQ
1. What makes Younium different from other subscription billing platforms?
Unlike most subscription billing platforms, Younium is a complete subscription management solution built for B2B companies.
Most subscription billing platforms cater to simple, recurring payments. Younium, however, handles complex subscriptions like tiered pricing, usage-based models, and contract-based billing with ease.
As one of the most comprehensive subscription billing platforms, it streamlines payments and helps ensure compliance with financial regulations and reporting standards.
Moreover, it integrates with ERP, CRM, and accounting tools to improve workflow automation and smooth data flow.
2. What are the key features to look for in subscription billing platforms?
To select the best subscription billing platforms for your business, you need to consider several factors including:
- Flexible Pricing and Plans: A good platform should support multiple pricing models.
- Automated Invoicing and Payments: Consider subscription billing platforms that can generate invoices, send reminders, and process payments automatically.
- Customer Self-Service Portal: Customers should be able to manage their subscriptions easily. A self-service portal allows them to upgrade, downgrade, pause, or cancel plans without contacting support.
- Analytics and Reporting: Insights into billing performance can help businesses grow. Look for any subscription billing platform that offers real-time revenue tracking and customer behavior insights.
- Integration: Your subscription billing system should be able to integrate with other existing business tools.
3. Can I switch subscription billing platforms without disrupting my business?
Yes, but it requires careful migration. Choose a platform like Younium that offers data import tools, API support, and dedicated customer assistance for smooth onboarding.
4. Do subscription billing platforms handle different payment methods?
Yes, subscription billing platforms provide a wide variety of payment methods. These can include credit and debit cards, PayPal, bank transfers, digital wallets, and even mobile payment options like Apple Pay or Google Pay. Many subscription billing platforms even integrate with popular payment gateways to cater to different customer preferences.
5. How does a subscription billing platform handle taxes?
Subscription billing platforms usually include tax management features to automatically calculate taxes based on customer location, product or service type, and applicable tax laws. Some subscription billing platforms integrate with tax software to handle complex tax calculations, including VAT, sales tax, or GST.
Which Subscription Billing Platform Should You Choose?
If you want to streamline payment processing and enhance customer retention, selecting the right subscription billing platform is a factor to pay attention to.
Numerous options are available, so you must carefully assess your specific needs, evaluate the features offered by the subscription billing platforms, and prioritize the options best suited for your business.
Each of the subscription billing platforms listed in this post brings unique strengths to the table. While some platforms can cater to small businesses with simple subscription needs, others offer enterprise-grade solutions with advanced automation and analytics features.
So take the time to assess your options and choose a solution that aligns with your long-term goals.