SaaS Billing
SaaS Billing refers to the process of managing payments for Software as a Service products. These services are typically subscription-based, meaning customers pay a recurring fee to access software hosted in the cloud. Billing systems track usage, manage invoices, and handle payment processing, ensuring that customers are charged accurately and on time.
Effective SaaS Billing systems also provide features like automated invoicing, payment reminders, and reporting tools. This helps businesses maintain cash flow and understand customer behavior. By streamlining the billing process, companies can focus more on delivering value through their software rather than managing financial transactions.