Flexible billing
Leverage Core dna's Flexible Billing for diverse payment models.
Flexible Billing with Core dna
Overview
In today's dynamic market environment, businesses require flexible billing solutions to cater to diverse customer needs and purchasing preferences. Core dna's Flexible Billing feature is designed to provide enterprises with advanced billing solutions to enhance customer satisfaction and streamline financial operations.
How Flexible Billing Works with Core dna
Flexible Billing in Core dna allows businesses to configure various billing options tailored to different products, services, and customer segments. By leveraging the platform's robust architecture, users can set up and manage recurring subscriptions, one-off payments, usage-based billing, and more. This adaptability supports a spectrum of business models and pricing strategies.
Core dna's Flexible Billing feature integrates seamlessly with its comprehensive suite of eCommerce tools. It allows marketers to utilize custom pricing rules, offer discounts and promotions, and configure multi-currency options, making it an invaluable tool for expanding into global markets.
Key Specifications
| Feature | Description |
|---|---|
| Recurring Billing | Support for subscription models with automated renewals and invoicing. |
| One-off Payments | Facilitate single transactions for one-time purchases easily. |
| Usage-Based Billing | Charge customers based on their usage metrics, ideal for utilities and SaaS. |
| Multi-Currency Support | Ability to transact in various currencies, enhancing global sales reach. |
| Promotions and Discounts | Create and manage promotional campaigns directly from the billing system. |
Practical Use Case
One of our clients, an international SaaS company, implemented Core dna’s Flexible Billing to enhance their billing process. Prior to using Core dna, the company faced challenges in managing multiple billing models and international currencies, which frustrated both the finance team and customers.
By integrating the Flexible Billing feature, they were able to offer customized subscription plans that vary by country and service tier, simplifying their complex pricing structure. Automated billing helped reduce the time spent on manual invoicing by 60%, and the system's multi-currency support expanded their customer base in Europe and Asia.
This transformation not only improved customer satisfaction but also significantly accelerated their revenue cycles.
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