Areas & Solutions | Subscription Business Model
Subscription Business Model
Keep ERP Simple offers a Subscription Business Model to support customers in generating recurring revenue, a trend that is becoming increasingly popular among businesses. This model helps manage subscriptions to products or services and streamlines the subscription billing process, automatically generating invoices based on subscription terms and making collection easier.
Our solution acts as the central hub for customer information and subscription data, allowing you to effectively manage customer relationships and offer personalized services. In addition, customers can update their own contract through their own customer portal, which increases customer engagement and reduces administrative burden.
The Subscription Business Model is flexible
The Subscription Business Model is flexible and can be adapted to your organization's needs, regardless of data size and number of transactions. Capturing contracts in the Subscription Business Model helps you optimize subscription management, increase customer satisfaction and minimize potential risks and errors. It provides a solid foundation for a successful subscription model.
What stands out about this solution is its ability to seamlessly integrate with your CRM system, where customer and subscription information is often recorded. This data exchange is flawless and provides a constant flow of valuable information between systems.
With powerful reporting and analysis tools, Keep ERP Simple provides insight into critical subscription statistics, such as annual and monthly recurring revenue, churn rate, retention rate, and average revenue per user. These valuable insights support your strategic decision-making and help grow your business.