20 Subscription Management Software To Increase Conversion
Subscription is an important term for any e-commerce business. You should not forget that it is crucial to make your customer satisfied by providing a great user experience and secure payments.
You can use subscription management software to do that!
There are many advantages of using subscription management software for e-commerce. These tools are used for subscriptions of various businesses in order to be more convenient while tracking billings and subscriptions of customers.
No matter how big or small your audience is, you might be using online payments, and a great user experience is crucial to increasing sales conversion.
We have compiled a list of subscription management software that can make your life easier and help you to increase conversion.
Let’s check them out!
What is a Subscription Management Software?
A subscription management software is a type of billing software. Subscription management software is one of the essential parts of a subscription-based business. It helps to build strong relationships between your company and your customers, which leads to higher conversions.
Subscription management software has a significant role in regular orders as well. A subscription management software keeps your business organized, helps you save time and money, and keeps your customers happy.
Managing and tracking subscriptions can be a significant challenge for companies. Without proper subscription management, you have a lot of difficulties keeping track of all information that comes from your clients. These tools help you to track subscriptions and prevent potential chaos.
Top 20 Subscription Management Software
There are so many tools with different features that you can use to manage your subscription services. Here we listed 20 subscription management software you can use for your business! Check out their pros and cons, decide which one fits your company best.
1. Chargify
Chargify is a subscription management software with different features such as usage tracking, revenue accrual, personalized billing, custom pricing. In addition, Chargify has revenue optimization with customer churn as well.
Pros:
- It makes subscription billing for B2B SaaS easier by meeting requirements.
- Shows revenue, product and customer trends along with managing subscriptions.
Cons:
- Editing an invoice is a bit hard to do.
- Can be expensive if you want to try it out first.
Pricing: Starts from $599 per month. It has customizable payment options based on various needs.
G2 Rating: 4.3/5
2. Chargebee
Using Chargebee for your subscription business allows you to manage billings and subscriptions and analyze your revenue. Also, Chargebee has an automated recurring billing option. It is free subscription management software as well.
Pros:
- Helps to see new revenue potential and pricing models.
- Allows you to see subscriptions and customer data overall.
Cons:
- Onboarding process is complex and adapting to the system can be difficult.
- Does not integrate with some platforms.
Pricing: Has a free plan. Rise plan starts from $249 per month.
G2 Rating: 4.6/5
3. Sage Intacct
Sage Intacct has cash management, accounting, purchasing, subscription billing, contract management features which you can use to keep track of your business.
Pros:
- Has a custom reporting option with financial statements.
- Integrates with data import and export tools greatly.
Cons:
- Searching for transactions is a bit difficult.
- Not user-friendly in the beginning; training is needed.
Pricing: Has a free trial option. You can request pricing for different needs.
G2 Rating: 4.3/5
4. SaaSOptics
SaaSOptics is a cloud-based solution that focuses on financial operations. If you own a B2B SaaS business, you can use this software to manage your subscriptions and track billings.
Pros:
- Easy to use and set up.
- Allows you to report on changes with its flexible usage.
Cons:
- Might be hard to balance and reconcile the accounts.
- The interface is a bit old-fashioned.
G2 Rating: 4.5/5
5. Billsby
Billsby allows you to track subscription and billing. Also, you can report dimensions, revenue recognition and deferred revenue with this software.
Pros:
- Very easy to use and set up.
- Integrates with Zapier and so many different tools.
Cons:
- Lacks native integrations and webhook data.
- Limitation on customers’ active subscriptions.
Pricing: Has a free trial option. It starts from $35 per month.
G2 Rating: 4.8/5
6. FastSpring
FastSpring helps you to optimize your sales and recurring revenue according to your customer subscriptions. Also, with FastSpring, automated notifications can be sent to subscribers to maintain their membership.
Pros:
- Offers global payment support for different languages and currencies.
- Easy to use with a simple interface.
Cons:
- Some features in the dashboard are outdated.
- Lacks integration with some platforms.
G2 Rating: 4.5/5
7. Paddle
Paddle can be used by B2B SaaS companies to manage subscriptions and analyze revenue. It allows you to track billing and prevent probable chaos by being organized.
Pros:
- Very easy to deploy and use with fast onboarding.
- Offers an easy and quick checkout process.
Cons:
- Not that flexible to change templates and edit some features.
- Does not allow you to manage multiple projects in the same account.
G2 Rating: 4.6/5
8. Sticky.io
Sticky.io assists you while managing your subscriptions. Using different pricing models, you can track billing and personalize features according to your business.
Pros:
- Allows you to build different models of subscriptions.
- Has a minimal and easy-to-use UI.
Cons:
- Its integrations are limited.
- Customizable reports are a bit difficult to use.
Pricing: Has a custom pricing model according to business needs.
G2 Rating: 4.5/5
9. PayPro Global
PayPro Global is software that helps you manage your online sales. Its deployment is cloud, web-based and for SaaS companies.
Pros:
- It has a flexible API that supports different prices, changing product names and currencies.
- Gives the opportunity to control the cart’s contents.
Cons:
- It does not provide comprehensive reports about affiliate partners.
- It has login issues that need to be fixed.
Pricing: It has varying pricing per agreement.
G2 Rating: 4.8/5
10. Freemius
Freemius is subscription management for WordPress websites. It has auto-renewal and recurring payment features.
Pros:
- Has a secure checkout feature.
- You can build a sustainable subscription system by using this software.
Cons:
- The UI needs to be improved since it is a bit hard to use.
- Pricing models vary according to the company’s sales.
Pricing: Has a pay-as-you-go pricing option.
G2 Rating: 4.6/5
11. Expedite Commerce
Expedite Commerce has many features, including subscription management, subscription billing, revenue management, e-commerce storefronts, and order management. In addition, you can use this software easily with its pricing flexibility.
Pros:
- Configured pricing and guided selling features make it easy to use.
- Response rate and demonstration options are useful.
Cons:
- Changing the payment details is a bit hard to do.
Pricing: Starts from $30 per month.
G2 Rating: 4.9/5
12. Zoho Subscriptions
With Zoho Subscriptions you can control billing and manage subscriptions of your company. It can be used for SaaS billing.
Pros:
- Integrates with PayPal and other services easily.
- Allows you to pull detailed reports about subscriptions.
Cons:
- Some subscriptions fail to process.
- Lacks some customization features for subscriptions.
Pricing: Free trial is available. It starts from $49 per month.
G2 Rating: 4.5/5
13. ProfitWell
ProfitWell plays a big role in achieving recurring revenue growth. Using this software, you can track subscriptions and revenue by reporting details.
Pros:
- Integrates with Zapier, HubSpot, Intercom and other platforms.
- Has a free plan if you want to try it out first.
Cons:
- Errors while combining some data.
- It might be hard to understand how refunds are calculated for some people.
Pricing: Free plan is available. You should contact the company for various pricing options.
G2 Rating: 4.9/5
14. Tridens Monetization
Tridens Monetization shows real-time charging and helps you to track subscriptions with detail. It has a custom pricing feature as well.
Pros:
- Gives you the ability to personalize billings.
- There are a number of adjustments to revenue management.
Cons:
- The UI is a bit complex, and it would be better with more guides.
G2 Rating: 4.9/5
15. Recurly
Using Recurly allows you to manage subscriptions by optimizing payment acceptance. There is also an automating recurring billing operations option and recovering lost revenue.
Pros:
- It has a revenue recognition feature, including usage tracking and revenue accrual.
- Allows you to see how many licenses your audience is using.
Cons:
- Financial transactions can be complex sometimes.
- Might be a bit expensive if you want to test it out first.
Pricing: Starts from $179 per month.
G2 Rating: 4/5
16. WooCommerce Subscriptions
Being a product of WooCommerce, WooCommerce Subscriptions works as an extension. It allows you to manage subscriptions with recurring payments on your WooCommerce platform.
Pros:
- Easy to use with WooCommerce subscriptions.
- You can schedule multiple billings.
Cons:
- A bit expensive to use.
- Might slow down the load speed.
Pricing: Starts from $199 per month.
G2 Rating: 4.2/5
17. OneBill
OneBill is a revenue and subscription management software with many easy-to-use features. You can track billing and integrate this software with other service providers easily.
Pros:
- Very easy to navigate with a simple UI.
- Supports different billing models such as subscription billing, recurring billing, usage-based billing, etc.
Cons:
- Canceling or changing billing has to be made individually.
Pricing: Starts from $349 per month.
G2 Rating: 4.8/5
18. Subscription Flow
Subscription Flow has an effective billing system that allows you to keep track of subscribers’ billing. It is a customizable SaaS business system you can use to manage subscriptions.
Pros:
- Very flexible and can be customized according to each client’s needs.
- Payment processing is quick and easy to use.
Cons:
- Lacks integration with some platforms.
Pricing: Has a free trial option. It starts from $79 per month.
G2 Rating: 4.8/5
19. Cratejoy
Cratejoy is a platform that helps you to manage customers and subscriptions easily. With built-in subscription payment options, it is easier to track payments and billings.
Pros:
- Checkout process is fast and user-friendly.
- Subscriptions process on a regular schedule.
Cons:
- You have to pay a fee for each sale along with monthly payment.
Pricing: Free plan is available with limited features. It starts from $39 per month.
G2 Rating: 4/5
20. Omeda
Along with its subscription management feature, Omeda also helps you automate email and marketing. Using this software, you can track subscriptions and build better relationships with your customers.
Pros:
- Easy to learn with training sessions.
- Has reporting and additional insight options that you can benefit from.
Cons:
- The form builder tool can be hard to use from time to time.
G2 Rating: 4.5/5
FAQ
How do I manage my subscription services?
You can manage your company’s subscription services by using subscription management software. Thanks to these tools, you can track billing details, different payment options and customers’ payment processes.
Using these SaaS subscription management software helps you manage payment details and optimize your options. If you want to change plans, you can benefit from this kind of software as well.
What is the best subscription management software?
PayPro Global, Profitwell, Zoho Subscriptions and Chargebee are among the best subscription management software that you can choose. Since their integration with other platforms is efficient, you can choose these for your business. Also, these are easy to use and have simple UI.
On the other hand, we have listed 20 subscription management software. So you can choose which one is best for your business’ needs and start using it.
Why is subscription management important?
If you own a subscription-based company, using a tool to manage your subscriptions is very crucial. It does not matter if your company is small or big; managing your subscriptions can be difficult and time-consuming.
Subscription management software makes the payment process easier for customers as well. Making the checkout process easy and fast helps you increase your sales conversions.
That is all for subscription management software!
We hope you liked reading about this issue and found the best subscription management software for your company. Please share your thoughts with us in the comments section below!
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