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What is TrueRev?

TrueRev is a specialized operations platform tailored for B2B subscriptions and SaaS businesses, streamlining processes such as revenue recognition and deferred revenue, along with real-time management of scheduled invoices and SaaS metrics, all at a significantly lower cost compared to traditional enterprise software solutions. The platform features seamless one-click integration with QuickBooks Online and offers all functionalities for a complimentary 14-day trial period. Users can effortlessly transition their revenue schedules from Excel while ensuring compliance with ASC 606, and generate crucial subscription metrics such as MRR, ARR, bookings, churn, and cash flow, while also tracking new deals, cancellations, upgrades, and expansions. Key features encompass revenue recognition, deferred revenue management, automated billing, contract renewals, detailed SaaS metrics, journal entries, shared reporting, document management, and evergreen contracts. Sal Abdulla, the CEO of ZenFinancials, stated, "TrueRev provides a platform which simplifies financial operations and removes errors, increasing clarity for all," underscoring the effectiveness of the tool in enhancing operational accuracy and transparency. With TrueRev, businesses can optimize their financial processes while fostering growth and efficiency.

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.

Media

Media

Integrations Supported

Acuity Scheduling
Airtable
Arbox
Calendly
Cavuno
Ecwid
Eventmaster
GetShop
Infinite MLM Software
Millie
Practice
Redux Payments
Shape Software
StarfishETL
Stora
Tableo
Titan
Woventri
Zapier
anny

API Availability

API Availability

Pricing Information

$89 per month
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

TrueRev

Date Founded

2015

Company Location

United States

Company Website

truerev.com

Company Facts

Organization Name

Stripe

Date Founded

2009

Company Location

United States

Company Website

stripe.com/us/billing

Categories and Features

Revenue Recognition

Not specified

Categories and Features

B2B Payment

Not specified

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customizable Invoices
Dunning Management
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Recurring/Subscription Billing

Recurring Billing

Discount Management
Dunning Management
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Revenue Recognition

Not specified

SaaS Billing

Not specified

Subscription Management

Cancellation Management
Dunning Management
Recurring Billing

Usage-Based Billing

Not specified

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