B2B Subscription Billing and Management

The subscription-based model offers numerous advantages such as predictable, recurring revenue, diverse pricing structures, and simpler customer interaction. Nevertheless, managing subscription billing can become a daunting task without the right automation tools. Metadata related to rate- cards, payments, renewals, and add-ons need to be accurately tracked. Failure to automate these processes can quickly escalate into a manual-processing predicament.

Cloudmore's subscription billing solution simplifies the management of all services in your portfolio, helps to decrease costs, and implements self-guided sales and support. This multi-tenanted platform is built on flexible APIs, continually updated, managed, and backed by a devoted, innovation-focused production and development team.

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Billing, Self Service, and much more

Subscription Management

Cloudmore offers a comprehensive subscription billing solution for tracking and managing all your subscriptions, reducing the complexity and time required in manual processing.

Billing and Revenue Management

Cloudmore ensures consistency in subscription billing and revenue collection, reducing the chances of errors and disputes. This leads to improved customer satisfaction and reduced administrative costs.

Self-Guided Sales and Support

With Cloudmore's subscription billing platform, customers can manage their subscriptions and services, reducing the burden on your customer service team and enhancing the customer experience.

Platform Extensibility

Functioning seamlessly in both stand-alone and integrated modes. With a comprehensive set of documented APIs, it enables the smooth and non-disruptive sharing of data and processes across all components of your technical stack.

Scalability

Cloudmore's subscription billing platform is designed to scale with your business, ensuring that as your business grows, your ability to manage subscription billing does not become a bottleneck.

API Integration

Built on robust APIs, the platform allows seamless integration with other business systems, enhancing efficiency and interoperability in subscription billing.

Continuous Support and Upgrades

The dedicated team at Cloudmore ensures the subscription billing platform is always up-to-date with the latest features and security patches, providing your business with a superior service to your customers.

Enhanced Customer Experience.

With Cloudmore, your customers can have visibility to purchase and control over their services. Our self-service platform provides a seamless user experience that is tailored to meet their individual needs, alongside customer centric offers created by you, the service platform provides a superior subscription experience, improving customer satisfaction and increasing their lifetime value. With Cloudmore, you can grow your business while providing exceptional service to your customers.

READ THE BLOG: 11 reasons to give your customers a good self-service experience

Enhanced Subscription Management

Cloudmore's platform provides enhanced subscription management that helps you streamline your subscription management and billing processes, resulting in operational cost savings and increased efficiency. With all adds and changes logged, billing is always accurate, and the audit log helps improve compliance and governance for internal and external changes. Additionally, automation reduces the chance of manual errors and secure customer self-service with intelligent approval processes, enhancing the customer experience.

READ THE BLOG: Why ERP systems fail to manage subscription

Robust Billing Processing

Cloudmore's billing automation solution simplifies billing for more complex subscription, recurring, usage consumption scenarios, saving time and eliminating billing errors. Cloudmore offers attributes including vendor statement reconciliation, simple billing and usage breakdowns for customers, flexible pricing models, multiple renewal options, bundled products and services, scalable billing capabilities, and real-time reporting for accurate revenue recognition. With Cloudmore customers can provide a superior billing and reporting customer experience, automate all processes, reduce the chance of revenue leakage, and ensure billing compliance and governance.

READ THE BLOG: What are the mechanics of a good subscription model