Glossary

Subscription Billing Platform

A subscription billing platform is a type of cloud billing solution [LINK] that is deployed to manage recurring billing for software solutions. There are a wide range of subscription billing platforms that provide a variety of features.

To be most effective, a subscription billing platform should offer the ability to easily accommodate new SKUs or pricing changes, the ability to calculate usage charges (by minute, by GB, by seat, etc.) accurately, the ability to track third-party billing and payouts (such as reseller payouts) correctly, and serve as the single source of truth for invoicing.