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by Stax Bill
by Stax Bill
StaxBill helps to automate the repetitive so one can stay focused on the big picture. Work more efficiently, recover more revenue, and collect on more invoices.
ALL SEGMENT
Spend less time billing Increase efficiency with up to 80% less time spent billing every month. Reduce late or failed payments by up to 700% with credit card retry schedules. Add money to your bottom line Recover between 2%-4% of revenue monthly with automated collections features. Simplify recurring billing & invoicing The industry’s most agile product catalog Automated, ASC 606-compliant revenue recognition Collections assurance Dunning automation, credit card retry schedules, AR aging reports Hosted self-service pages Put the power in customers’ hands. registration pages allow new users to sign up at any time, while the self-service portal lets them upgrade, downgrade, or edit personal info. Customer hierarchy One company, multiple branches. Group “parent” and “child” accounts for up to four “generations”. Simplify their invoicing and even enable them to share payment methods. Backed by a general ledger Stax Bill was built on a general ledger foundation so we can go deeper into accounting processes than the other guys. Decrease time spent billing by up to 80% Subscription Management Simplify your subscription lifecycle management. Automate the tasks that keep your subscription business running strong, from registrations to renewals. Three words: Self. Service. Portal. Empower your customers to self-register and then manage their own subscriptions in real time. Package and price your product offerings in any way that suits your subscription business. Stax Bill’s flexible catalog can handle it. Recurring Billing & Automation No matter the product or pricing model, no subscription business is too complex to automate its recurring billing with Stax Bill. How does an 80% reduction in time spent billing sound? Stax Bill is here to make that happen. Recurring billing automation cuts out manual processes to make way for rapid growth. Recover thousands of dollars in monthly revenue leakage through improved accuracy. Automation marks the end of costly human errors. Establish a financial system of record. Stax Bill is your source of accurate, real-time subscription and billing data you can leverage business-wide. Recurring Revenue Let’s be honest, managing recurring revenue is a lot of work that, well…recurs. But what if you let Stax Bill take care of the hard stuff for you? Our fully ASC 606-compliant revenue recognition module means subscription rev rec is finally a “set it and forget it” kinda task, thanks to Stax Bill’s general ledger foundation. Keep your customers’ subscriptions and your recurring revenue rolling with seamless renewal automation. Take the stress and guesswork out of charging taxes. No matter where you do business, Stax Bill has an automated solution to simplify taxation. Payment Gateway & Management Manage your entire subscription business from one integrated platform. Stax Bill offers a feature-rich payment solution that boosts your revenue, saves you time, and gets you paid faster. Need a gateway? We've got an easy add-on to your Stax Bill subscription. Say hello to simple, easy-to-understand pricing that improves as your subscription business grows. Stop leaking revenue and losing customers to involuntary churn by auto-updating deactivated and expired credit cards. Need to use multiple payment gateways to accept different currencies? Super simple–we can handle it. Subscription Analytics Get more competitive with comprehensive subscription analytics. Stax Bill gives you the insights and real-time data integrity you need to take strategic action. Review your subscription analytics from various angles over any period with access to more than 40 automatically updating reports. Get a clear view of your cash flow. See exactly how much money your business is collecting on sales and recognizing as revenue. Track customer retention and MRR growth. Watch your customer base and your recurring revenue grow in real-time. Dunning Management You work hard to acquire great customers and to provide them with the best subscription product possible. So make sure you get paid for it with a whole suite of automated dunning features. Automate customer communications with fully customizable emails and SMS messages. Increase revenue with an automated failed payment retry schedule to stamp out churn and reduce revenue leakage by 4%. Analyze and action unpaid invoices to put money back on your bottom line with Stax Bill’s powerful AR aging report.
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