Best Recurring Billing Software

Chargebee offers subscription billing and revenue operations services to B2B SaaS customers. It was started by four friends in India in 2011. Today, Chargebee employs people of more than 17 nationalities who work in 21 different timezones.

With Chargebee, customers have access to many different billing scenarios that automate the entire billing process. For those who are working with international customers, Chargebee offers over 100 local currencies and payment methods. If there is a currency that you need that’s not available, you can contact Chargebee and it will look into supporting it.

Chargebee is also incredibly easy to use, it provides plug-and-play integration with over 23 payment gateways. Chargebee also offers an easy-to-use customer portal feature so your clients can go in and make changes to their subscriptions and account information. You can use Chargebee to find new revenue opportunities by experimenting with different pricing plans including flat pricing, usage, or a customized option. Chargebee can also help to reduce customer churn by providing notifications and reports with actionable data that allow you to stay on top of your business. 

If you’re interested in Chargebee but not ready to commit to a paid plan, you can schedule a demo or sign up for free. There are three different paid plans to choose from. The Rise plan is billed annually at $249 per month, the Scale plan at $549 per month, and you can also speak to a Chargebee expert to develop a customized plan for your business needs. Chargebee also offers a free Launch plan for early-stage startups. This is for newly launched businesses that make less than $100,000 in revenue.

 Products:

• Subscription management
• Recurring billing and invoicing
• Recurring payments
• Accounting and taxes
• SaaS reporting
• Enterprise billing
• Integrations

Wave was founded in 2009 with the goal of providing a simple, all-in-one financial management tool for small business owners. Wave provides a suite of products that work seamlessly together, helping its clients save time. 

There is no paid version of its accounting and invoicing software service. Instead, Wave makes money from financial service providers. Its platform allows businesses to accept online payments to make the invoicing process as efficient as possible. This service costs 2.9% plus $0.30 fee to process most credit cards and 1% for available bank payments. Wave also offers a monthly fee-based payroll service to clients in Canada and the U.S. 

To get started with Wave, simply sign up for an account—no credit card is necessary. You also don’t need to install any software, as Wave is completely web-based. All you need is an internet connection and browser. Wave also offers a mobile invoicing and receipt scanning app, which you can download and install on your iOS or Android device.

With Wave’s recurring billing software, you can switch between automatic and manual billing, send customized recurring invoices at any frequency, choose your preferred payment method, and automatically send invoices to multiple recipients. While Wave might not be right for a high-revenue enterprise company, it is a solid option for a startup or freelancer.

Products: 

• Accounting
• Invoicing 
• Payments
• Payroll

Zuora touts itself as the “leading Subscription Economy evangelist.” Zuora was founded in 2007 and has since become a leader in subscription services. Today Zuora works with over 1,000 companies from around the world.

Instead of offering a single package, Zuora allows its customers to choose from a collection of features. Companies can tailor a package that best fits their precise needs. Zuora can help your subscription-based company to launch, manage, and optimize subscription billing with its cloud-based software. 

Specific to billing, Zuora supports over 50 charge models and 180 currencies. It is capable of capturing orders across all sales channels and can adapt to every change that may occur in the subscription lifecycle, from upgrades to downgrades, suspends, resumes, and more. Zuora can take on even the most complex billing needs with the ability to monetize any model at a high scale. Zuora is also a good choice for companies looking to expand globally, with 15 payment methods and 30+ payment gateways. It also offers intelligent payment retries and dunning to prevent involuntary churn. 

If you’re not ready to commit to Zuora, you can take it for a free test drive by signing up for a trial. For details on cost, you will have to contact a Zuora representative as there is no pricing information available on its website. 

Products

• Billing 
• Revenue
• Collect
• Configure, price, quote (CPQ)
• Analytics

Chargify was created in 2009 by the team behind Grasshopper.com and EngineYard.com, both companies that target small businesses and entrepreneurs that operate on recurring, subscription-based billing models. Chargify since has become a leader in the recurring billing and subscription management space. Chargify offers services to address customer needs across the entire subscription lifestyle, including recurring billing, subscription management, revenue retention, business analytics, and revenue operations.

If you’re not ready to commit, you can try Chargify’s free test account which allows you to try out all of the features. This will help determine if Chargify will work for you before purchasing an active merchant account and payment gateway. 

When it comes to pricing, Chargify offers a variety of pricing options. Its Essential package starts at $599 per month plus 0.9% of revenue overages and includes $75,000 in revenue per month. The Standard package starts at $1,499 per month plus 0.7% of revenue on overages and uses a customized revenue threshold. The Specialized plan starts as $3,499 per month plus 0.5% of revenues on overages with a customized threshold. Finally, Chargify offers a Custom plan with pricing that is based on your specific needs. You will need to speak with an expert to work out the details. 

Products

• Billing
• Subscription management
• Accounting
• Data and analytics
• Integration

Zoho is equipped to help small business owners handle all of their customer subscription needs from beginning to end. 

When it comes to recurring billing and invoicing, Zoho offers many features including tailored invoicing, automated invoicing, prorated billing, as well as flexible and customizable billing cycles. Zoho also offers subscription management services so you can create products, plans, add-ons, and manage your customers' subscriptions from beginning to end. 

For those who work with international clients, Zoho supports multiple currencies and offers multiple payment methods including cash, check, online banking, credit cards, and ACH.

Zoho also has a ton of integration and add-on options to help you manage every aspect of your subscription business. Some of their integrations and add-ons include Zoho apps, mobile apps, cloud integrators, documents, G Suite, payment gateways, and content management systems. 

There are five different subscriptions offered by Zoho including a free option, its Basic option at $49 per month, the Standard option at $99 per month, the Professional option at $249 per month, and an Enterprise option with custom pricing. If you’re interested in Zoho, you can try it for free or schedule a demo by visiting the website. 

Features

• Recurring billing
• Subscription management
• Recurring payments
• Subscription metrics
• Subscription automation
• Developer API
• Usage based metered billing
• Dunning management
• Hosted payment pages

Recurly is a subscription management platform that is dedicated to delivering results to brands around the world. It uses its Revenue Optimization Engine to improve billing continuity and is focused on helping you maximize revenue. Recurly was founded in 2009 and is headquartered in San Francisco. It supports thousands of customers completing billions of credit card transactions and has helped to recover more than $610 million in revenue. Recurly is used and trusted by some of the largest brands in the world including Showtime, Speedo, FitForMe, Twitch, and CBS.

If you’re looking for flexible subscription billing models, then Recurly has you covered. With Recurly, you can create and support any subscription combination, such as fixed recurring, quantity-based, usage-based, one-time charges, and hybrid options. If you work with international customers, Recurly makes it easy to accept global payment as it supports over 20 different payment gateways. Recurly also accepts various payment methods including credit cards, ACH, invoicing, global payments, PayPal payment, Amazon Pay, and Apple Pay. 

Recurly offers three flexible plans to scale any business. Its Core plan starts at $149 per month plus 0.9% of revenue. For pricing details on its Professional and Elite plans, you will have to contact a Recurly sales representative. 

Features

• Subscription management
• Recurring billing
• Recurring payments
• Intelligent retention
• Analytics
• Partners and integration