The recurring revenue gap
The recurring revenue gap is the difference between the expected revenue a company anticipates from its recurring subscriptions and the actual revenue it receives. This gap can arise from customer churn caused by billing disputes, payment failures, and difficulty in managing subscription preferences.
Managing and reducing this gap is critical for subscription companies to achieve sustainable growth and maintain healthy financial performance.
Three reasons to choose Stax Bill
- 1 Automation Stax Bill automates the customer journey from new customer acquisition to payment collection, and syncs data back to your accounting software
- 2 Financial expertise Stax Bill has been developed with accounting expertise to ensure billing is done correctly and provides payment expertise to maximize your revenue
- 3 Comprehensive features Stax Bill offers all the necessary features you need without additional costs –unlike others who’ll make you pay more for necessary features
Maximize efficiency with integrations
Subscription management isn’t a standalone process. Stax Bill works in tandem with your other key business solutions to sync data, streamline workflows, and reduce pain points.
Automation
Automate the customer journey from new customer acquisitions to payment collection, syncing data back to your accounting software, and manage tasks for your subscription business efficiently
New customer automation
Stax Bill simplifies new customer onboarding with options for self-registration or seamless CRM data transfer.
Invoicing and collection automation
Stax Bill automates invoicing, billing, and collections processes, complete with daily status reports to ensure up-to-date financial insights.
Financial expertise
Accounting and payments expertise is crucial for accurately managing financial transactions, ensuring compliance with regulations, and improving cash flow in complex billing scenarios
- Compliant credit card surcharging Accepting credit cards comes at a cost. Compliantly pass those fees* off to your customer and keep more of your MRR.
- General-ledger backing Track your assets, liabilities, revenues, and expenses in a way that will make your accountants smile. You can even break down your cash flow by source.
- Accurately track earned & deferred revenue Fully ASC 606-compliant revenue recognition module and detailed reporting features make it easy to automate and report on your business’s assets and liabilities.
Comprehensive features
Everything you need to succeed, without paying more
- Subscription management Stax Bill simplifies subscription management by handling routine tasks such as sign-ups and renewals. With a flexible product and pricing catalog for customizable options, your business runs smoothly.
- Recurring billing Automating complex billing processes, regardless of product type or pricing model, can drive up to an 80% reduction in billing time and minimize revenue loss due to human error.
- Revenue recognition Stax Bill provides multiple revenue recognition options, including an ASC 606-compliant milestone module, and over 50 dynamic reports for tracking cash flow and identifying revenue by product, plan, or customer, simplifying revenue clarity.
Trusted by users
Don’t just take our word for it – see what our satisfied customers have to say about their experience with Stax Bill
We felt that we needed to bring in a partner that can drive automation and give us better data. Stax Bill was the best fit for us.
– Cliff Thifault, VP of Finance, PatientNow
Make it your own and scale without limitations
Stax Bill provides the flexibility you need to turn your billing pains into endless opportunities for growth
Empower customers with self-service
Allow customers to manage their own account and subscription details, including payment information, plan upgrades, and adjustments.
Dynamic product and pricing catalog
Speed to market gives you a competitive advantage. Quickly package and price your subscription products and plans in ways that make sense for your business.
Custom tracking codes
Improve customer segmentation with flexible tracking fields, unlimited values, and support for multi-tenant organizations, including multiple logos, tax profiles, and pricing, all within a single Stax Bill instance.
Surcharging
Accepting credit cards comes at a cost. Compliantly pass credit card processing fees* off to your customer and keep more of your MRR.
*Where eligible, the credit card discount rate is offset by the surcharge.
Low-cost payment processing
The Stax Bill payment gateway makes it easy for your customers to pay with any method and currency they choose, all at a lower cost.
Tax calculation
Stax Bill offers tax calculation and charging capabilities at country and state levels, with options for advanced tax computation through integration with systems such as Avalara.
Account hierarchy
Organize customer, subscription, and payment details for simplified account management. Allow sharing of parental payment methods or allow for unified invoicing.
Revenue recognition
Stax Bill supports a multitude of revenue recognition options for different service organizations and even an advanced milestone revenue recognition module for ASC 606 compliance.
Automated pricing and proration
Set up future price increases once on a custom schedule and utilize the proration tool to accurately calculate daily subscription rates, ensuring automatic pricing updates and precise monthly charges for your customers.
Flat pricing and no overages
We want to help your business grow, not punish it for succeeding. That’s why we provide cost certainty and tools you need to scale.
Growth
For businesses with up to $85k monthly billings. Starting at $499/month. Billed annually, no overages, no hidden fees, all features included.
Enterprise
For enterprise businesses with large customer bases and diverse subscription offerings.