Chargebee's Summer 2022 Product Release is here to help you make your existing customers stay with you, find value in your offerings, and continue paying you.
California updated its Automatic Renewal Law. How can subscription businesses cope with it, while retaining customers better?
Have a retention strategy but don’t know exactly how it impacts your bottom line? Chargebee Retention brings Retained Revenue Reporting to help unify and visualize the exact revenue figure your retained customers are generating for your business.
Due to the changing nature of certain subscription revenue models, adhering to revenue recognition standards, ASC 606 and IFRS 15 have become more challenging over time for SaaS and other subscription companies. One of the more complex requirements for many subscription companies is the fourth step of ASC 606/IFRS 15’s five-step model: Allocating revenue based …
Continue reading “Standalone Selling Price for SaaS Companies: Tips for Accurate Revenue Reporting”
ASC 606/IFRS 15 is one of the most profound compliance changes in corporate finance since the release of the Sarbanes-Oxley regulations over 20 years ago. This new compliance standard has reshaped how businesses recognize revenue and has proven to be incredibly challenging to navigate in today’s fast-paced digital, subscription-based economy. Adopting these standards has been …
Continue reading “How Do You Identify a Contract Under ASC 606 and IFRS 15?”
Gone are the days when finance teams were happy being backstage coordinators, happy to hand in numbers when asked. They have clearly broken the mold to take center stage and become strategic partners for business growth. Today with businesses facing economic pressures, driving profitability by enabling efficient revenue practices has become more crucial than ever. …
Continue reading “How the Finance Team Drove IPO-readiness at a Leading SaaS Business”
Accounting software for your business can be an invaluable tool for managing your expenses, monitoring your financial health, paying taxes, and more. Or it can be a frustrating time suck. It all comes down to the tool you choose. For example: Does the software give you the information you need? Does your team have the …
Continue reading “Xero or Quickbooks: Which is Right for You?”
How’s your SaaS business doing right now? Better than last year? Are your customers satisfied? Are your deals closing? To answer those important questions about your performance — and to make sure your business is headed in the right direction — you have to track KPIs. KPIs, or Key Performance Indicators, are metrics that quantify …
“I’ve not received the invoice. How do you expect me to pay?” “My team has made the payment. Can you check?” “The payment failed again? It’s frustrating to keep retrying. What’s the issue?” “Can you send me the invoice again? I’ll make the payment then.” If you’re not solving for such back and forth between …
Continue reading “Ace Customer Experience With a Robust Accounts Receivable Process”
At a time when growing inflation and looming potential retention stretch discretionary spending thin, having a plan to retain customers is no longer enough.
One of the easiest ways to get started with eCommerce is to use a platform that provides out-of-the-box support for the most foundational features to run your business. In fact, for a long time, signing up with a single eCommerce platform vendor was the only option. It may sound counterintuitive, but traditional eCommerce platforms often …
Continue reading “What is Composable Commerce? Why do you need it and How to get started?”
“Headless” is one of the hottest buzzwords in eCommerce in 2022. Headless eCommerce platforms allow a store to be fast, innovative, and competitive. Magento (now known as Adobe Commerce) is one of the most popular eCommerce platforms out there — it’s fully open-source and features an intuitive interface. It also integrates with third-party extensions, which …