basic thinking 02/07/2022 • 3 min Reading Time • Display
Subscriptions have become increasingly popular in recent years. The new year 2022 also shows that many people are spending more time at home and are therefore taking out more subscriptions. For this reason, we will show you what the increasing popularity means for companies and how subscription billing works.
Subscriptions for streaming services, audio book apps, online platforms, news agencies, food boxes or fitness programs – the list is expanding daily and it is not uncommon for people to have multiple subscriptions.
Users do not buy the product, but use the service as needed. The trend shows that subscription services are seeing major growth across all industries worldwide. The great advantage here is that users are flexible and can decide when they want to use the subscription and when not.
Subscription models have many advantages, not only for users but also for companies. One of the most important is that companies have guaranteed revenues and can calculate the duration and exact amount. It is important that recurring payments are made on time and correctly. Which option is easiest for companies in this regard?
Manage recurring payments
The solution is subscription billing . This is a billing model by which companies charge their customers for a service. This is done automatically on a set schedule. Subscription billing is therefore ideal for correctly billing digital services.
Companies create pre-set intervals in which the corresponding invoices are created, sent to the customers and payment is monitored at the same time. Subscription billing software such as nexnet.cloud manages all the data of all customers, the dates and due dates of payments, and the receipt of money.
Subscription Billing with nexnet.cloud
Especially companies like start-ups that are just starting out with the introduction of subscription models need good subscription billing software. This means that errors can be avoided right from the start and the billing can be structured in a structured manner.
With the nexnet.cloud , you automate all billing processes for recurring payments right from the start. The all-in-one solution for billing processes makes your billing more efficient overall. Thanks to the integrated CRM, you can manage all contracts easily and clearly.
The nexnet.cloud is particularly suitable for start-ups and small and medium-sized companies thanks to the affordable starter package from a monthly price of 99 euros . The subscription billing software strictly adheres to the General Data Protection Regulation (GDPR). Your data is operated via our own data center in Germany.
The know-how of the nexnet.cloud is based on more than 20 years of market experience in the field of subscription billing and accounts receivable management. So you not only get a simple and uncomplicated solution, but you can quickly solve all questions and problems.
Try Subscription Billing for Free in a Test Environment
The nexnet.cloud is suitable for simple but also more complex subscription models (if, for example, discounts or bonuses are to be integrated).
If necessary, nexnet.cloud can also be fully integrated into third-party systems, such as an existing shop, in order to use the automated billing processes.
The free test environment of the nexnet.cloud is now available. And that permanently and with the full range of services.
If the test environment convinces you, you can then select a suitable package for your company. You can then expect self-service onboarding and start your subscription billing in just 24 hours from registration.