With such a large variety of subscription billing software out there designed to accommodate businesses of all sizes, it can be daunting to make headway into this sector. For companies looking to convert and owners looking to start a new business venture, here are some key features to look for in subscription billing software.
Rubberstamp is a cloud-based financial management system that allows businesses to customize purchase orders and manage company spending.
ClickTime is time and expense tracking software that facilitates time tracking and timesheet approval from any web-enabled device. The platform works to improve company operations, reduce administrative costs, and budget and staff projects.
OpenNova is a financial management solution that offers flexible customization for PSP businesses of any size. The platform allows users to work with a billing and invoicing module, anti-fraud control, reporting, recurring payments and one-click purchasing.
ALTO eProcure is e-procurement software designed to support flexible workflows, provides users with recurring transaction templates, and manages supplier compliance processes. The platform monitors supplier performance, manages and processes RFxs and POs, and facilitates bid request activities.
ALTO Accounts Payable is accounts payable software that facilitates invoice workflows, monitors budgets and manages exceptions. The platform works to eliminate duplicate payment incidents, improve accuracy and provides users with transparency and collaboration tools.
ALTO Exchange is einvoicing software designed to track all project costs, leverages dynamic discounting opportunities, and manages invoice disputes. The platform converts POs to invoice format, works to reduce invoicing costs and provides users with working capital management tools.
ChargeOver is recurring billing software that automates billing tasks and provides real-time visibility into key business metrics including open balances, lifetime values, churn, recurring revenue and customer averages. The software allows users to build custom report styles or utilize built-in report forms, create unlimited number of plans and custom billing methods, and supports recurring flat rates, metered billing, installment plans and limited billing cycles.
SAP Ariba Spend Management is a spend management software solution that reduces supplier-related costs through collaboration and communication. The program starts out by analyzing all purchasing data and putting it through a number of BI tools and models.
FinancialForce Spend Management is a spend management software solution that works inside Salesforce to install financial controls within a company. Users can start off by setting spend policies for all procurement staff. In the event that a user needs to submit a purchase order that goes above a certain policy, the program can send out a purchasing request to management staff.