Subscription Billing 101
January 12, 2014

Donna McPhee
Customer Success Manager
Speaker Introduction
Donna McPhee
Customer Success Manager
dmcphee@fusebill.com

2
Agenda
1.
2.
3.
4.
5.
6.
7.

Subscription Economy and Billing Overview
Payment Platforms vs. Payment Gateways
How Automating Billing Saves Money
How Automating Billing Makes you Money
Billing service features
The Fusebill Difference
Wrap Up and Questions

3
What is the subscription economy?
• It’s no longer about selling a product one at a time,
but about offering a service.
• Subscriptions are growing by leaps and bounds.

Forrester Research predicts by 2016
subscription licensing models will reach 50% of
the total software license market.
4
Customer lifecycle is key
Automated Billing for Subscription Based
Companies:
•
•
•

Recurring billing and payment solutions,
Invoicing and credit card collections,
Real-time visibility to key subscription metrics

For businesses with products or services
billed on a recurring basis:
•
•
•

Reduce costs,
Improve customer response times,
Streamline operations

5
Platforms Vs Gateways
Payment gateways:
To process an electronic transaction online you need a
payment gateway. While some provide basic recurring
capabilities this costs extra and is limiting.

Payment platforms are more
robust in 5 key areas.
.

6
Billing Intelligence

Customer
Management

Data Portability &
Lock in

Failures &
Chargebacks

Reporting &
Analytics

5 areas where platforms are more robust than
gateways.
7
Automate Billing Saves Businesses Money
How?
•
•
•
•
•

Eliminates revenue leakage
Reduces passive churn
Eliminates manual clerical work
Dramatically reduces inbound
calls
Eliminates IT requirements for
subscription billing reporting.

8
Automate Billing Makes Businesses Money
How?
•

•
•

Builds better customer relationships
which lead to longer customer
relationships.
Encourages upselling and cross
selling.
Makes building your product
catalogue easier.

9
Billing and Invoicing
• Seamlessly integrating invoiced customers and credit card
customers to automate all of your billing processes.

12
Account Management
When I joined the company we had a collection of spreadsheets
tracking contract renewals, payments and revenues. It was an
unsustainable approach for the kind of growth we’re now
experiencing.” Tom Martin, CFO 360pi
Manage:
customer lifecycles,
subscriptions,
prevent billing errors,
save time
and money.

Fusebill:
makes billing easier,
frees up your IT team,
centralizes customer management,
subscriptions,
and financial transactions.

13
Reporting, Customer Intelligence & Analytics
• Successful subscription businesses
thrive on metrics
–
–
–
–

customer lifetime value;
customer acquisition costs;
churn;
lifetime.

• And Business Intelligence to
leverage the data collected

14
Integrations
Salesforce CRM 2 Way Integration
• Create accounts
• Manage subscriptions
• View customer information
Without leaving Salesforce
Webhooks
•
•
•
•
•

An HTTP Post callback request sent to a URL in response to an event.
An easy to use integration point.
‘Publish’ or ‘notify’ other systems of changes.
Typically a system-system integration.
Used to determine whether service needs to be started or stopped.
15
Importance of High Availability

Availability is published for our:
• Main website
• Fusebill APP
• Fusebill API
16
Fusebill platform overview
Online
Checkout

SelfService
Portal

Swipe &
Subscribe

Agent
Interface

Lifecycle
Manageme
nt

Analytics

API Layer – Customers, Subscriptions, Transactions
Pricing

Products
Price Plans
Usage Tiers
Discounts
Coupons

Accounts

Subscriptions
Invoices
Ledgers
Reseller
Tracking
Payments
Adjustments

Scalable

Scalable

Multi-Tenant

Multi-Tenant

Billing

Rating
Usage
Volumes
Pro-rating
Taxation
Coupons
Currency
Adjustments

Invoicing

Payments

Payment
Terms Date
Control
Review, Edit
Aging
Adjustments

PCI Compliant

PCI Compliant

Credit Card
ACH
Storage Vault
Gateways
Dunning
Retries

Security

Security
17
The market we serve

Like

Reduce costs
Speed cash collections
Extend customer lifecycles

Support & dedication

The support team at Fusebill is handsdown the best. Made our migration
easy and possible. - Jason Talley
Our biggest source of confidence
comes from working with your team.
We are in good hands with Fusebill.
– Steve Land, Owner

100+

B2B & B2C
customers
Saas

“

Love!

”

Their customer service and tech support
teams were critical to our ability to
launch version 5 of our software offering.
- Gregg Phillips, CEO

Paas

digital media

communications

18
Transition to Fusebill with unbelievable ease
CBSRTM
• Simple demo & training approach
• Advancing levels of functionality
accessible for future customer
growth
• “We take the pain away of
transitioning”
• Continuous advancements to the
software, adding functionality &
features
Monday, February 10,
2014

CREATE

SUPPORT

BILL

REPORT

19
Try Fusebill

Try Fusebill Free for 30 days.
No contracts, credit card, or surprises.
Sign up at www.fusebill.com
Thank You!
www.fusebill.com

1-888-519-1425
support@fusebill.com
Twitter: @fusebill

20

Subscription Billing 101 - FB2014

  • 1.
    Subscription Billing 101 January12, 2014 Donna McPhee Customer Success Manager
  • 2.
    Speaker Introduction Donna McPhee CustomerSuccess Manager dmcphee@fusebill.com 2
  • 3.
    Agenda 1. 2. 3. 4. 5. 6. 7. Subscription Economy andBilling Overview Payment Platforms vs. Payment Gateways How Automating Billing Saves Money How Automating Billing Makes you Money Billing service features The Fusebill Difference Wrap Up and Questions 3
  • 4.
    What is thesubscription economy? • It’s no longer about selling a product one at a time, but about offering a service. • Subscriptions are growing by leaps and bounds. Forrester Research predicts by 2016 subscription licensing models will reach 50% of the total software license market. 4
  • 5.
    Customer lifecycle iskey Automated Billing for Subscription Based Companies: • • • Recurring billing and payment solutions, Invoicing and credit card collections, Real-time visibility to key subscription metrics For businesses with products or services billed on a recurring basis: • • • Reduce costs, Improve customer response times, Streamline operations 5
  • 6.
    Platforms Vs Gateways Paymentgateways: To process an electronic transaction online you need a payment gateway. While some provide basic recurring capabilities this costs extra and is limiting. Payment platforms are more robust in 5 key areas. . 6
  • 7.
    Billing Intelligence Customer Management Data Portability& Lock in Failures & Chargebacks Reporting & Analytics 5 areas where platforms are more robust than gateways. 7
  • 8.
    Automate Billing SavesBusinesses Money How? • • • • • Eliminates revenue leakage Reduces passive churn Eliminates manual clerical work Dramatically reduces inbound calls Eliminates IT requirements for subscription billing reporting. 8
  • 9.
    Automate Billing MakesBusinesses Money How? • • • Builds better customer relationships which lead to longer customer relationships. Encourages upselling and cross selling. Makes building your product catalogue easier. 9
  • 10.
    Billing and Invoicing •Seamlessly integrating invoiced customers and credit card customers to automate all of your billing processes. 12
  • 11.
    Account Management When Ijoined the company we had a collection of spreadsheets tracking contract renewals, payments and revenues. It was an unsustainable approach for the kind of growth we’re now experiencing.” Tom Martin, CFO 360pi Manage: customer lifecycles, subscriptions, prevent billing errors, save time and money. Fusebill: makes billing easier, frees up your IT team, centralizes customer management, subscriptions, and financial transactions. 13
  • 12.
    Reporting, Customer Intelligence& Analytics • Successful subscription businesses thrive on metrics – – – – customer lifetime value; customer acquisition costs; churn; lifetime. • And Business Intelligence to leverage the data collected 14
  • 13.
    Integrations Salesforce CRM 2Way Integration • Create accounts • Manage subscriptions • View customer information Without leaving Salesforce Webhooks • • • • • An HTTP Post callback request sent to a URL in response to an event. An easy to use integration point. ‘Publish’ or ‘notify’ other systems of changes. Typically a system-system integration. Used to determine whether service needs to be started or stopped. 15
  • 14.
    Importance of HighAvailability Availability is published for our: • Main website • Fusebill APP • Fusebill API 16
  • 15.
    Fusebill platform overview Online Checkout SelfService Portal Swipe& Subscribe Agent Interface Lifecycle Manageme nt Analytics API Layer – Customers, Subscriptions, Transactions Pricing Products Price Plans Usage Tiers Discounts Coupons Accounts Subscriptions Invoices Ledgers Reseller Tracking Payments Adjustments Scalable Scalable Multi-Tenant Multi-Tenant Billing Rating Usage Volumes Pro-rating Taxation Coupons Currency Adjustments Invoicing Payments Payment Terms Date Control Review, Edit Aging Adjustments PCI Compliant PCI Compliant Credit Card ACH Storage Vault Gateways Dunning Retries Security Security 17
  • 16.
    The market weserve Like Reduce costs Speed cash collections Extend customer lifecycles Support & dedication The support team at Fusebill is handsdown the best. Made our migration easy and possible. - Jason Talley Our biggest source of confidence comes from working with your team. We are in good hands with Fusebill. – Steve Land, Owner 100+ B2B & B2C customers Saas “ Love! ” Their customer service and tech support teams were critical to our ability to launch version 5 of our software offering. - Gregg Phillips, CEO Paas digital media communications 18
  • 17.
    Transition to Fusebillwith unbelievable ease CBSRTM • Simple demo & training approach • Advancing levels of functionality accessible for future customer growth • “We take the pain away of transitioning” • Continuous advancements to the software, adding functionality & features Monday, February 10, 2014 CREATE SUPPORT BILL REPORT 19
  • 18.
    Try Fusebill Try FusebillFree for 30 days. No contracts, credit card, or surprises. Sign up at www.fusebill.com Thank You! www.fusebill.com 1-888-519-1425 support@fusebill.com Twitter: @fusebill 20