Ecommerce and RetailMarketing & Sales Videos

Zuora: Automate Your Recurring Billing and Subscription Operations

Application development companies spend a ton of time developing their platforms but often miss out on one of the most critical elements needed for success – subscription management. And it’s not a simple problem. Between payment gateways, returns, credits, discounts, demo periods, packages, internationalization, taxation… recurring billing can be a nightmare.

As with just about anything, there’s a platform for that. Zuora. Zuora recurring billing and subscription Management automates your process, whether it’s recurring, by usage, prorated, or in-arrears.

Zuora Recurring Billing and Subscription Management Features Include

  • Recurring Billing – Speed up billing operations without losing attention to detail. Group customers together and set up automated billing schedules and rules for each group.
  • Prorations and Calculations – Every time a customer upgrades, downgrades, or changes a subscription, billing is impacted. Zuora automatically handles these prorations and calculations so you don’t become a bottleneck.
  • Real-time Tax – Using Zuora’s tax engine or integrate with a 3rd party tax solution to pull real-time tax calculations for every invoice.
  • Invoice Templating – Use a wide range of invoice template capabilities such as grouping, subtotals, and conditional logic to design and configure invoice templates in Zuora.
zuora invoice

Zuora billing offers quite a bit of flexibility, including billing customers monthly, quarterly, annually, or any other period of time. You can start a subscription when a service is provisioned, when a customer signs-up, or at any other milestone. Rate usage in real-time or after a certain period. Align billing dates according to the start of the subscription, the customer’s choice, or a host of additional attributes.

Douglas Karr

Douglas Karr is the founder of the Martech Zone and a recognized expert on digital transformation. Douglas has helped start several successful MarTech startups, has assisted in the due diligence of over $5 bil in Martech acquisitions and investments, and continues to launch his own platforms and services. He's a co-founder of Highbridge, a digital transformation consulting firm. Douglas is also a published author of a Dummie's guide and a business leadership book.

Related Articles

One Comment

  1. Recurring billing provides a benefit to subscribers who don’t have to worry about another monthly bill to stay on top of – or risk missing out on delivery of a product or service. Instead, with recurring billing, the subscriber is guaranteed to have continuous service.

What do you think?

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close

Adblock Detected

Martech Zone is able to provide you this content at no cost because we monetize our site through ad revenue, affiliate links, and sponsorships. We would appreciate if you would remove your ad blocker as you view our site.