Subscription is one of the most widespread business models for digital products, be it a streaming service or cloud office software. They charge our money on a monthly or annual basis and sometimes it is hard to track all expenses. Especially if these subscriptions are for the entire company. So, for efficient money management, it is vital to keep track of your personal subscriptions or the ones provided to employees. Subscription billing software solves this problem.
If you are considering an opportunity to create a subscription management platform -- this article is exactly what you've been looking for.
Capabilities of a subscription management service
Subscriptions are becoming more and more popular in the business world. Many industry giants like Google, MailChimp, Zendesk, and others already use this model for their products.
The subscription is not a new revenue model, however, it still works pretty well. For service creators, this model allows planning their company's revenue in advance, while it's users benefit from the fact the provided service constantly gets new updates and have a convenient payment method.