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What is Transaction Cloud?

Transaction Cloud serves SaaS companies globally by facilitating worldwide payments, ensuring compliance with Sales Tax/VAT/GST regulations (including collection and filing), and managing subscriptions, recurring billing, invoicing, and fraud detection. It streamlines the payment, tax compliance, accounting, and risk management processes for these companies while achieving a high conversion rate. The platform boasts a distinctive Singularity-Integration architecture that merges One-Directional-API with One-Data-Cloud, eliminating the cumbersome setup often associated with webhook-based integrations. Consequently, the time and effort required for integration are cut by 50%, while the long-term points of failure and maintenance costs are notably lowered, resulting in a robust, dependable, and efficient system. With no setup fees and a pay-as-you-go pricing model that stands out as one of the most competitive in the industry, Transaction Cloud supports multiple currencies and major payment methods, including credit cards and popular wallets like Apple Pay, Google Pay, and PayPal, which contributes to its impressive conversion rates. In summary, Transaction Cloud is a comprehensive, customer-focused, transparent, reliable, and secure solution specifically designed for businesses specializing in SaaS and digital products, ensuring that clients can effectively manage their financial operations with ease. Its commitment to innovation and efficiency makes it a leading choice in the market.

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

Apple Pay
Google Analytics
Google Pay
NetSuite
PayPal

Integrations Supported

Apple Pay
Google Analytics
Google Pay
NetSuite
PayPal

API Availability

Has API

API Availability

Has API

Pricing Information

Free
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

Transaction Cloud

Date Founded

2020

Company Location

United States

Company Website

transaction.cloud

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

Recurring Billing

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

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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