The subscription model is thriving! This is because subscription sales offer predictable, recurring revenue, flexible pricing options, easier consumer engagement, and they can make marketing much easier. While not for everyone, a growing number of vendors and providers are switching their products to services, and their one-off sales to recurring revenue.
Managing subscriptions is very different to managing one-time sales though. The additional meta-data related to the rate-card, payment frequency, add-ons, renewal and payments all need to be (a.) understood and (b.) tracked. Failure to automate processes and billing can soon lead to a manual-processing nightmare.
Cloudmore manages and automates all of the elements that inherently make subscriptions so complex to keep your billing consistent and error free. Once the fast on-boarding process is complete, Cloudmore unlocks your business's growth through scale and cost efficiencies.