Glossary

Subscription Billing Software

Subscription billing software is the technology that companies use to manage payments for their subscription products. Subscription billing software can offer a range of features and functionalities, such as the ability to change pricing, add different payment options, create custom invoices, and more.

Subscription billing software can be cloud based, deployed on premise, or a combination of the two. However, depending on the provider, a cloud-based solution will offer the most flexibility and be more cost effective. According to analysts, the market for subscription billing software will reach almost $8 billion by 2025.

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