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Managing recurring payments is not an easy task; especially for a business following a subscription-based module, it’s a management nightmare at times.

For outsiders, it sounds poetically beautiful that you are receiving monthly income for a solution you created; this is something evident to others. But, something they don’t know is the amount of effort required regularly to keep this business model successful, or else the competitors are ready to benefit from your shortcomings.

To overcome management shortcomings, most organizations opt for software solutions that help automate recurring processes, so all the reminders and payment collection are not your headache anymore.

People expect certain things when you offer subscription-based solutions to keep your product in demand, regardless of time, and to meet those expectations as you keep updating your software. To meet these expectations, add new features, offer something more to keep everyone excited, and integrate new tools that help improve your product all these are a must if you want your business to sustain itself.

In between all this, it’s never easy to remember payment collection and processing, so given this problem, subscription management software was introduced to the world, which will take the entire responsibility of subscription management where you can concentrate on growing your product.

The topic was intriguing, so I did thorough research on different reliable subscription management software used by organizations around the world. I made a list of the top 10 based on reviews, features they offer, pricing, and a few more indicators to share the list of best subscription management software you can use for your business.

Let’s Dive into Ian’s top 10, best subscription management software;

GoCardless

GoCardless is one of the most trusted bank-to-bank direct debit platforms that is functional in over 30 world’s top economies. All you have to do is, create a payment plan and one-time customer setup with each new customer; that’s all. You can also edit or pause a subscription whenever it’s required.

What Users Appreciated?

  • The dashboard used by organizations to keep track is easy to understand; it’s clean and user-friendly.
  • Users can easily upload and export bulk data from the software.
  • Manipulations can be made; regarding the customer payment details.
  • Businesses have seen improvements in cash flow, and delayed payment issues are resolved once and for all.

What Users Didn’t Like:

  • Customer support is a worry, as many complain about not getting a timely response.
  • Initial set-up is a bit time-consuming; at times, it is difficult for businesses to go through it without any issue.
  • Manipulations can be made; regarding the customer payment details.
  • Users have shared concerns that the payment transfer to their bank accounts is time taking; it takes four days to receive money.

Preferred Industries

Accounting

29

Marketing & Advertising

21

Information Technology & Services

17

Health, Wellness, & Fitness

11

Internet

10

Other

185

Pricing

Standard

Pay per transaction only | Everything you need to collect ad-hoc and recurring payments in the UK and internationally
£0 / month

Plus

Your name on customers' bank statements | Extra customization options on your payment page
£50 / month

Pro

Fully integrated customer experience - develop your own payment pages | Invite customers to setup over the phone or in person
£200 / month

Custom

Access to all of the benefits from Pro | Customizable / country-specific rates | Priority support | Dedicated Solutions Engineer
Volume-based pricing

Screenshot of the software

Chargebee

Chargebee is software designed to go beyond billing. Opt for a pricing structure that best meets the requirements of your firm. Local compliance taxes and regulatory rulebooks can be handled hassle-free.

What Users Appreciated?

  • The detailed documentation helps the integration process, and the solutions have the answer to every problem you face in subscription management.
  • It’s a flexible and customizable solution that is extremely helpful in setting up a billing system as desired.
  • Most users find the features like consolidated Invoicing, calendar billing, and backdating subscriptions very helpful.

What Users Didn’t Like:

  • Upgrades cause a delay in the working that affects the processes at times.
  • Getting through to the support has been a problem faced by clients.
  • There are restrictions on getting reports, and only limited data is available.

Preferred Industries

Computer Software

132

Information Technology & Services

73

Marketing and Advertising

40

Internet

35

Health, Wellness & Fitness

14

Other

460

Pricing

Standard

Pay per transaction only | Everything you need to collect ad-hoc and recurring payments in the UK and internationally
£0 / month

Plus

Your name on customers' bank statements |Extra customization options on your payment page
£50 / month

Pro

Fully integrated customer experience - develop your own payment pages | Invite customers to setup over the phone or in person
£200 / month

Custom

Access to all of the benefits from Pro | Customizable / country-specific rates | Priority support | Dedicated Solutions Engineer
Volume-based pricing

Screenshot of the software

Sage Intacct

Billing process complexity, and revenue management, is now resolved by Saga Intact. Saga Intact resolved the overdue account payment issue by 60%. Help sales growth by offering transparency through clear dashboards. Sage Intacct is rated as the best when it comes to customer satisfaction.

What Users Appreciated?

What Users Didn’t Like:

  • Can’t use it on a mobile phone; users share a desire to have a mobile application to make easy accessibility.
  • Journal entries are complex, plus the lack of formatting issues in financial statements is an issue.
  • Migration process seems to be confusing for some first-time users.

Preferred Industries

Accounting

176

Computer Software

149

Non-Profit Organization Management

148

Information Technology & Services

91

Hospital & Health Care

69

Other

1383

Pricing

Pricing plans that fit your organization

We know that every organization is unique, so we’re here to help build a custom pricing plan that works for you. Let us answer your questions about pricing and explore how our industry-specific solutions can help you grow and thrive.
Contact Support

Screenshot of the software

RevenueCat

RevenueCat is an in-app subscription management solution. You can now manage your in-app purchases and subscription management by installing the SDK in minutes with RevenueCat. You can also view all the updates on a single dashboard.

What Users Appreciated?

  • All data is under a single umbrella, so you don’t have to develop a separate backend for user subscription management.
  • Detailed documentation of the setup made integration easy.
  • The UI is impressive and intuitive, and the charts are very informative.

What Users Didn’t Like:

  • You don’t have the option to clone; you manually have to copy and paste.
  • Moving the data to our BigQuery data warehouse is not an easy task.
  • High pricing is a concern for startups.

Preferred Industries

Computer Software

40

Health, Wellness, & Fitness

9

Information Technology & Services

8

Computer Games

6

Entertainment

5

Other

106

Pricing

Basic

All platform SDK | Subscription backend | Overview metrics | Customer profiles
Free up to $10,000 MTR

Starter

Charts | Custom Customer Lists | Customer List exports | Webhooks
$8/month per $1,000 of MTR

Pro

All Integrations | Apple Search Ads attribution | ETL exports | Experiments (private beta)
$12/month per $1,000 of MTR

Scale

Volume discounts | Concierge onboarding | Custom data exports | Custom terms
Contact Support

Official Screenshots:

Maxio, previously SaaSOptics

The Maxio is a billing optimization solution that helps organizations to meet their B2B needs. Create a customized based on the understanding with the customer. Find your Mathematics partner in the form of The Maxio.

What Users Appreciated?

  • Appreciable job with tracking ARR, invoices, and syncing between multiple systems (Salesforce and QuickBooks.
  • SaaSOptics educate us on following correct GAAP standards and SaaS revenue recognition.
  • Better analysis makes revenue tracking easy.

What Users Didn’t Like:

  • The implementation process is lengthy and hard for some users.
  • The report list is a mess; it can be properly managed to make it cleaner.
  • The process of creating transactions for invoices is prolonged, which can be simplified.

Preferred Industries

Computer Software

101

Information Technology & Services

37

Accounting

7

Hospital & Health Care

5

Internet

4

Other

204

Pricing

Scale

Power your enterprise with tailored financial tools
Contact Support

Growth

Scale your business without sacrificing agility
Contact Support

Essentials

Maxio platform | Expert guidance and support | Add modules as needed
$599/month

Screenshot of the software

Planhat

Planhat is a platform that helps manage your post-sale management processes. Planhat helps accumulate all the data in one place. Planhat enables you to do no-code automation through custom bots and integrations.

What Users Appreciated?

  • It doesn’t matter how computer literate you are, as Planhat is super user-friendly and the information in it is easily comprehensible.
  • Planhat allows you to organize and leverage data in ways that help you extract required insights easily.
  • Customer portals are impressive, and the fact that you can pull all the customer data at once is a great help.

What Users Didn’t Like:

  • The UX needs to improve as it takes time to unbox the feathers available for use.
  • Some features like uploads and data modules don’t work as intended.
  • Bugs are reported and issues wiling filtering.

Preferred Industries

Computer Software

117

Information Technology and Services

51

Marketing & Advertising

27

Internet

12

E-Learning

9

Other

291

Pricing

Basic

Customer 360 | Health Scores | Single-step automation
Contact Support

Professional

Playbooks, Tasks, and Alerts | Team 360 | Forecasting
Contact Support

Enterprise

Custom roles and permissions | Single sign-on | Unlimited users!
Contact Support

Screenshot of the software

Recurly

Recurly is a subscription and billing platform. Acquire, retain and scale while Recurly helps you with billing management without dropping a sweat. Find customizable solutions as per your business; no two businesses are the same, and Recurly understands that.

What Users Appreciated?

  • Payment gateway support is impressive Recurly support most of the renowned payment gateways.
  • Many customers appreciate Dunning management.
  • Onboarding is easy, and continuous support is available during the process.

What Users Didn’t Like:

  • Email sending doesn’t work fine all the time organizations have registered complaints in this regard.
  • Bulk implementation where you can apply one action to multiple accounts is not available for users.
  • Analytics are not really clear; there is a scope for improvement in its UI.

Preferred Industries

Computer Software

40

Internet

13

Information Technology and Services

10

Marketing and Advertising

9

Accounting

5

Other

125

Pricing

Elite

Enterprise-grade capabilities and scalability to power subscription growth.
Contact Support

Professional

Enhanced capabilities to grow subscription revenue while reducing the complexity of billing.
Contact Support

Core

Ideal for businesses with subscription revenue up to $1M annually.
$199/month billed annually

Screenshot of the software

ClientSuccess

ClientSuccess is a solution that strengthens the trust of existing clientele and improves your success ratio. They believe SaaS is beyond software and service; it’s a medium to build a good relationship.

What Users Appreciated?

  • The way it educates me about my clients, regarding what I need to do for them when I had my meeting, and what I committed.
  • UI UX is impressive; users find it easy and interactive, and you can customize what you want to see.
  • An affordable platform for startups to organize their client management.

What Users Didn’t Like:

  • Users complain about reminders, and some users have experienced missing deadlines.
  • Support is not appreciable; getting through to a support guy is an issue.
  • Experienced glitches and bugs while uploading contracts.

Preferred Industries

Computer Software

109

Information Technology and Services

51

Marketing and Advertising

29

Internet

12

Computer & Network Security

8

Other

294

Pricing

ClientSuccess

Customer Success Management Software | Customer Journey Mapping | Forecasting SaaS Renewal | Understanding Customer Health | Setting Goals
Contact Support

Screenshot of the software

Stripe Billing

Stripe Billing is a fast way of collecting payments through subscriptions or invoices; it helps the continuous collection of recurring payments. Automate reporting and revenue recognition to optimize processes, and reduce the percentage of failed payment collection.

Pricing

What Users Appreciated?

  • API integration is well managed and collects recurring payments through invoices generated through Stripe.
  • User-friendly and self-explanatory dashboard helps you evaluate reports and data.
  • For quick updates, the Mobile app is helpful, with a dashboard similar to the web that makes it easy to comprehend.

What Users Didn’t Like:

  • Customer support is a concern for most of the users.
  • The limitation of using a bank with a physical address for payment collection is annoying for some users.
  • As per some users merchant service fee is a bit higher.

Preferred Industries

Computer Software

9

Internet

5

Marketing and Advertising

5

Information Technology and Services

4

E-Learning

3

Other

44

Pricing

Customized

Available for businesses with large payments volume, high-value transactions, or unique business models
Contact Support

Integrated

Access a complete payments platform with simple, pay-as-you-go pricing
2.9% + 30¢ per successful card charge

Screenshot of the software

Pricing

The subscription-based business module allows businesses to know your monthly revenue, and to manage incoming recurring payments; you need software like Freeminus that helps seamless payment process.

What Users Appreciated?

  • No need to put your time and brain on license management, accompanying email and other details, as Freemius will take care of it.
  • Recurring Payments, Software licensing, Integration, and Merchant of Record; what else do you need for subscription management?
  • With bulk data, Freemius helps increase sales as well.

What Users Didn’t Like:

  • The affiliate marketing plan seems incomplete
  • Proper reporting is not available.
  • The branding is overdone; the placement of logos at every fold is annoying for some users.

Preferred Industries

Pay as you go

No setup, monthly, or hidden fees | Real-time revenue analytics | Sell from any website | Sell from within the dashboard
7%*+ gateway fees (30¢ + ~3% per successful charge)

Screenshot of the software

Closing remarks:

Automating subscription management will help you keep track of your revenue and manage recurring payments. Absence of such a solution results in missing payment deadlines and so on.

The solutions I shared above will help you manage your billing and more. If you still feel the need to explore more solutions and know which one suits your organization, I am always up for a conversation to help you understand how to scale your business. 

Contact Now

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