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What is Stripe Billing?

Stripe Billing provides a streamlined approach for businesses to effectively handle customer subscriptions and invoices. This platform not only helps in maximizing revenue opportunities but also supports innovative products and business models while facilitating recurring payments on a global level. Users can quickly start processing both one-time and subscription payments through multiple methods, including credit cards and ACH transfers. You can test and make adjustments using our API or directly from the Dashboard, which ensures flexibility in managing your billing strategies. The system enables various billing configurations that cater to different pricing models, from charges based on the number of seats to metered billing, all readily accessible. Its built-in features support coupons, free trials, prorations, add-ons, and overages, significantly enhancing billing capabilities for businesses. To help reduce customer churn, Stripe Billing integrates intelligent retries, automated alerts for failed payments, and an automatic card updater, which led to a notable recovery of 38% of failed payments for businesses utilizing the service in 2021. Additionally, it includes automated reporting and revenue recognition tools that allow businesses to keep track of growth, churn rates, and overall financial health. The platform also seamlessly integrates billing and payment data with existing workflows, thereby providing a smooth operational experience. With all these combined features, Stripe Billing emerges as a robust and comprehensive solution for businesses aiming to simplify and optimize their billing processes while keeping a close eye on their financial metrics. As a result, companies can focus more on growth and customer engagement rather than the complexities of billing management.

What is NetSuite SuiteBilling?

SuiteBilling, NetSuite's sophisticated billing platform, optimizes the invoicing process through powerful automation features. It accommodates a variety of pricing models, including flat, tiered, and consumption-based structures, while also enabling the inclusion of promotional deals, volume discounts, and personalized rates for distinct customers, ensuring remarkable adaptability. By supporting numerous pricing configurations and complex rating scenarios, the software effectively facilitates the creation of accurate invoices. Moreover, SuiteBilling adeptly manages the entire subscription lifecycle, empowering users to adjust subscriptions, apply prorated billing, merge multiple charges into a single invoice, and automatically produce renewal invoices, ultimately boosting customer loyalty. The conventional manual billing system frequently leads to invoice errors that can frustrate customers and delay payment collections. Through the automation of this process, companies can realize more precise invoicing, which contributes to faster payment cycles and enhanced cash flow. In addition, consolidated billing instills confidence by transparently detailing all charges on one invoice, while tailored discounts motivate repeat business and streamlined renewal processes help reduce subscriber attrition. Consequently, SuiteBilling not only improves operational effectiveness but also fosters stronger connections with customers, paving the way for long-term business success.

Media

Media

Integrations Supported

ActiveDEMAND
Acuity Scheduling
Arbox
BETA Climbing
Checkfront
Digitail
Eventmaster
GetShop
Gmail
HireRoad
HubSpot Customer Platform
InvoiceSherpa
Kinnovis
MyKidReports
Serverless
Shape Software
Stora
Stripe
Zapier
streamSWEET

Integrations Supported

ActiveDEMAND
Acuity Scheduling
Arbox
BETA Climbing
Checkfront
Digitail
Eventmaster
GetShop
Gmail
HireRoad
HubSpot Customer Platform
InvoiceSherpa
Kinnovis
MyKidReports
Serverless
Shape Software
Stora
Stripe
Zapier
streamSWEET

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Stripe

Date Founded

2009

Company Location

United States

Company Website

stripe.com/us/billing

Company Facts

Organization Name

NetSuite

Date Founded

1998

Company Location

United States

Company Website

www.netsuite.com/portal/products/erp/financial-management/billing.shtml

Categories and Features

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

Categories and Features

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

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