Subscription Management Software

  Taxes can be dreary, but it is vital to keep the valid records. Keeping VAT compliant needs having the VAT invoice, and that will assist you to stay prepared for taxes whenever time comes to file your returns. Every sale made in the EU must comprise a VAT invoice, including the B2B sales whenever tax is not charged. With tax rates and 28 member states being  a lmost as confused as Brexit, VAT in the EU can be perplexing to say the least. VAT number validation, Compliant invoices, VAT amount in the local currencies, or even offering exemptions, we have covered it all. With various jurisdictions, varying tax rates, changing rules, tax based work-flows are hard to manage. With the tight integrations with  TaxJar and Avalara , invoicing, reporting, tax filing, and managing taxes has never been this easy. Custom Taxation Rules In case your business has more than one tax rates for products with a region based-tax that varies as per the province/state, doing the perfect math c...

  The best ways to attract the attention of your client is to offer a discount. If managed properly, discounting not increases the sales only but also boosts your reputation and enhances  customer relationships . At the same time, in case not implemented carefully, discounts can have a negative effect on your reputation or subscription business’ cash-flow. Therefore, it is true to say that discounting is an art. Why Discount Before moving forward with disco u nts, you should consider why you are providing discounts and what are you trying to attain. By determining your goal such as reaching to more prospects, enhancing sales of a sluggish product or rewarding your dedicated customers, you make it simple to handle your discounts better, thus boosting your sales. Select the redemption type for your coupons on the basis of your business requirement. ChargeMonk allows you to choose between forever, one-time, and limited-number of redemption types. Choose how long you desire your d...

Addons are the extra charges implemented to a subscription apart from the base plan charge. There are two types of add-ons — recurring and non-recurring. A recurring add-on included in a subscription is charged as per billing frequency of subscription. A non-recurring add-on incorporated in a subscription will be immediately charged and once only. Also an add-on, which is non-recurring is not pro-rated on the basis of the billing cycle, but a recurring add-on is pro-rated based on billing cycle automatically. An addon includes e x tra features that are not the part of the subscribed plan, however are made available to the customers on purchase of the addon. Types of Addons There are two types of add-ons :-  Recurring and Non-Recurring Recurring Addons These add-ons are perfect when you want to bill your customer for the same feature every time. There can be an add-on that lets users to see their projects as Gantt charts. This add-on can be charged by you each time you charge for th...

One of the excellent ways to allow your   customers trial your SAAS   product before they make a commitment is offering a free trial. In this manner you give your customers an idea of the advantages you provide over your competitors. However simply providing a free trial is not enough. Play it right, and you can enhance the conversion immediately. https://chargemonk.com/ Factors to Consider while Managing your SAAS Trial Blow given are the factors to consider while managing your SAAS trial Duration of the trial Most of the trials range within 7–30 days, some even longer. You can customize your trial period as per your customers. Do the research on the perfect trial time for your customers. Credit Card Information Most of the services request the credit card information of customers while registering for the trial. As per a study, asking for card information of customer lessens their chance of registering for the trial. Access to All Features Allow your customers freely test yo...

  PayPal provides  subscription-based payment service  that is used to receive or send recurring payments regularly. These are utilized for subscriptions to newspapers, websites, magazines, or for the club fees, regular charity donations and any enduring service. A list of previous and existing subscriptions is saved in your PayPal profile, where you can verify in case a subscription is active currently, or it has been canceled. You are searching for a simple way to manage user subscriptions to your products, and think about using PayPal. It is an amazing idea as PayPal is one of the extensively known payment services. ChargeMonk — Paypal via Braintree Receive payments from all over the globe and handle subscription better with ChargeMonk. Paypal enables you get the payments from anywhere and to let these payments work for your subscription business, an efficient recurring billing solution like  ChargeMonk  is needed. Select from the various tax-compliant, prof...