Best Recurring Billing Software

Recurring Billing Many subscription-based businesses use software to help manage recurring invoices and payments. Companies that use recurring billing software may include gyms and fitness studios, monthly gift boxes, or streaming services.

When choosing recurring billing software, be sure to take into account the specific needs of your company and customers.

Consider whether you will be processing international payments, how many transactions you will do each month and what types of payment methods you need to support;

Read on to see the results of our recurring billing software review. We considered 19 different software options and compared their various features, including pricing, services offered, and integration capabilities.

You can use this information to help you decide which recurring billing software is best for your business.

Best Recurring Billing Software of 2021

best overall

Chargebee

Best Recurring Billing Software

Chargebee is our best overall choice as it offers customers a plethora of products, features and customizations. The platform is simple and easy to use, with both free and paid plans, making it accessible to everyone.

favourable opinion

  • freedom of choice
  • easy to use
  • Custom payment options (flat fee, pay-as-you-go, custom)
  • 100 different currencies and payment methods

disadvantage

  • Paid plans are expensive (starts at $249/month)
  • Dashboards are hard to customize

Chargebee is the best recurring billing software in the world with its excellent usability and wide range of products and features. Chargebee provides subscription billing and revenue operations services SaaS software to B2B customers.

It was started in 2011 by four friends in India. Today, Chargebee serves more than 15,000 customers in more than 50 countries. ;

With Chargebee, customers have access to over 480 recurring billing scenarios that automate the entire billing process. For those working with international clients, Chargebee offers over 100 local currencies and payment methods.

If the currency you need is not available, you can contact Chargebee and it will look into supporting that currency;

Chargebee is also very easy to use, it offers a plug-and-play integrated payment gateway with over 23 processors . Chargebee also offers an easy-to-use customer portal feature so your customers can go in and make changes to their subscriptions and accounts information.

You can use Chargebee to discover new revenue opportunities by trying different pricing plans, including flat pricing, pay-as-you-go, or custom options. Chargebee can also help reduce customer overselling by providing actionable data to notifications and reports, allowing you to stay on top of your business;

If you’re interested in Chargebee but aren’t ready to commit to a paid plan, you can schedule a demo or sign up for free. There are three different paid plans to choose from.

The Ascend plan costs $249/month per year, the Scale plan costs $549 per month, and you can also speak with a Chargebee expert to create a custom plan for your business needs.

Chargebee also offers a free startup program for early-stage startups. This is for newly established businesses with revenue below $50,000.

 product:

  • Subscription management
  • Recurring Bills and Invoices
  • recurring payments
  • Accounting and Tax
  • SaaS report
  • business bill
  • integrated

Best free option

Wave

Best Recurring Billing Software

We chose Wave as the best free recurring billing software alternative because it is completely free. It’s no trial, there’s no limit, and you don’t need a credit card to sign up. Wave’s free software includes invoicing, accounting software, and receipt scanning. Wave is a cost-effective option for small businesses and freelancers who don’t need a lot of billing features.

favourable opinion

  • free
  • no promises
  • Reports are easy to create with lots of options
  • easy to use

disadvantage

  • Not suitable for large enterprises
  • Limited third-party integrations

Wave was founded in 2011 with the goal of providing small business owners with a simple, all-in-one financial management tool.

Wave provides a suite of products that work seamlessly together to help customers save time;

Wave software wins the selection for best free online billing software because it is easy to use and completely free. There is no paid version of its accounting and invoicing software service. Instead, Wave makes money from financial service providers.

Its platform allows businesses to accept payments online to make the invoicing process as efficient as possible. The service costs 2.9%, plus a $0.30 fee for processing most credit cards and 1% for available bank payments.

Wave also offers payroll services for a monthly fee to customers in Canada and the United States;

To get started with Wave, simply sign up for an account that doesn’t require a credit card. You also don’t need to install any software because Wave is completely web-based. All you need is an internet connection and a browser.

Wave also offers a mobile invoice and receipt scanning app that you can download and install on your iOS or Android device;

With Wave’s recurring billing software, you can switch between automatic and manual billing, send customized recurring invoices at any frequency, choose your preferred payment method, and automatically send invoices to multiple recipients.

While Wave may not be suitable for high-income enterprise companies, it is a great option for startups or freelancers.

product:

  • Accounting
  • issue invoices;
  • Payment
  • Payroll
  • Receipt

Best for high income

Zuora

Best Recurring Billing Software

We chose Zuora as the best recurring billing software for high-income companies because it offers sophisticated features suitable for high-income membership companies. Zuora owns a number of Power Fortune 100 companies including Zoom, Cat and Guardian.

favourable opinion

  • Free trial
  • flexible
  • customizable

disadvantage

  • Pricing is not available on the website
  • complex and difficult to use
  • Not for start-ups or small companies

We chose Zuora as our top pick for the best high-income recurring billing software because it provides the flexible and sophisticated billing features that high-income companies demand.

Zuora bills itself as “the leading evangelist for the subscription economy.” Zuora was founded in 2007 and has since become a leader in subscription services. Today, Zuora works with more than 1000 companies from all over the world.

Instead of offering a single package, Zuora allows its customers to choose from a range of features. Companies can customize a package that best suits their precise needs.

Zuora helps subscription-based companies launch, manage and optimize subscription billing using its cloud-based software;

When it comes to billing, Zuora supports more than 50 billing models and 180 currencies. It is able to capture orders across all sales channels and is able to adapt to every change that may occur during the subscription lifecycle, from upgrades to downgrades, suspensions, resumptions, and more.

Zuora can take on even the most complex billing needs and is able to monetize any model at high scale. Zuora is also a great option for companies looking to expand globally, with over 20 payment methods and 30+ payment gateways.

It also provides smart payment retry and dunning to prevent involuntary churn;

If you’re not ready to commit to Zuora, you can take a free test drive by signing up for a trial. For cost details, you must contact a Zuora representative as no pricing information is available on their website;

product:;

  • billing;
  • income
  • collect
  • Configure, Price, Quote (CPQ)
  • analyze

Best for B2B

Chargify

Chargeify is our pick for the best recurring billing software for B2B companies because that’s exactly what it was designed for. Charge claims to be the only billing and subscription management solution built for B2B SaaS.

Not only that, but it was developed by the team behind Grasshopper and EngineYard.com, both of which target both small businesses and entrepreneurs with a recurring, subscription-based billing model.

favourable opinion

  • Monthly subscription without commitment
  • Simple Dunning System
  • User friendly interface
  • customer service

disadvantage

  • Dashboards can be overwhelming
  • expensive

Chargify was created in 2009 and has become a leader in recurring billing and subscription management.

Chargify provides services that address customer needs across the entire subscription lifestyle, including recurring billing, subscription management, revenue, retention, business analytics and revenue operations.

We took all of these features into consideration when we decided to choose Chargify as our pick for the best recurring billing software for B2B.

If you’re not ready to commit, you can try out Chargify’s free test account, which allows you to try out all the features. This will help determine if Chargify will work for you before purchasing an active merchant account and payment gateway;

In terms of pricing, Chargify offers a variety of pricing options. Its base package starts at $599 per month, plus 0.9% excess earnings, including $75,000 per month.

Standard packages start at $1,499 per month, plus 0.7% excess earnings and a custom earnings threshold. The dedicated plan starts at $3,499 per month, plus 0.5% excess earnings, and has a custom threshold.

Finally, chargifi offers a customized plan with pricing that is based on your specific needs. You will need to speak to an expert to determine the details;

product:

  • list of actors
  • Subscription management
  • Accounting
  • Data and Analytics
  • integrated

Best for small businesses and freelancers

Zoho

We chose Zoho as the best recurring billing software for small businesses and freelancers because it offers a free and cost-effective option that’s perfect for those who are just starting out and don’t need a complicated and expensive system.

favourable opinion

  • Free and cost-effective pricing plan
  • Extensive list of integration options

disadvantage

  • Integration is not always seamless
  • learning curve

Zoho is our pick for the best recurring billing software for small businesses and freelancers because it’s specifically aimed at small and growing businesses.

Zoho helps small business owners handle all customer subscription needs from start to finish;

When it comes to recurring billing and invoicing, Zoho offers many features including custom invoicing, automatic invoicing, pro-rated billing, and flexible and customizable billing cycles.

Zoho also offers subscription management services, so you can create products, plans, add-ons, and manage your customers’ subscriptions from start to finish;

For those dealing with international clients, Zoho supports multiple currencies and offers multiple payment methods including cash, check, online banking, credit card and ACH.

Zoho also has tons of integrations and add-on options that can help you manage every aspect of your subscription business.

Some of their integrations and add-ons include Zoho apps, mobile apps, cloud integrators, documents, G Suite, payment gateways and content management systems;

Zoho offers five different subscription services, including a free option, a basic option for $39 a month, a standard option for $79 a month, a professional option for $199 a month, and an enterprise option for custom pricing.

If you are interested in Zoho, you can try it for free or visit the website to schedule a demo;

feature:

  • recurring billing
  • Subscription management
  • Subscribe to brands
  • recurring payments
  • Subscription metrics
  • Subscription Automation
  • Developer API

Best Profit Maximizing Features

Recurly

Recurly is a membership management platform dedicated to delivering results to brands around the world. Rekarly uses its revenue optimization engine to improve billing consistency and is focused on helping you maximize revenue. For these reasons, we chose Recurly as our best recurring billing software to maximize profits.

favourable opinion

  • Monthly service without commitment
  • Machine Learning to Minimize Customer Churn and Maximize Revenue

disadvantage

  • Prices for professional and enterprise options not listed on the website
  • Interface is not intuitive enough

Recurly is our pick for the best recurring billing software for maximizing profits because its machine learning technology helps clients minimize churn and maximize revenue.

Recurly was founded in 2009 and is headquartered in San Francisco.

Today, Recurly supports thousands of customers completing billions of credit card transactions and has helped restore more than $450 million in revenue. Recurly is used and trusted by some of the biggest brands in the world, including Showtime, Speedo and FabFitFun;

If you’re looking for a flexible subscription billing model, then repeat you’re covered. With Recurly, you can create and support any conceivable combination of subscriptions, such as fixed recurring, volume-based, usage-based, one-time charges, and hybrid options.

If you work with international clients, Recurly makes it easy to accept global payments as it supports over 20 different payment gateways.

Recurly also accepts a variety of payment methods, including credit cards, ACH, invoices, global payments, PayPal payments, Amazon payments, and Apple payments;

Recurly offers three flexible plans to scale any business. Its core plan is $149 per month plus 0.9%. For pricing details on their Professional and Elite plans, you must contact a regular sales representative;

feature:

  • Subscription management
  • payment options
  • Billing and Accounting
  • Flexible integration
  • Analysis and Insights
  • Subscriber retention

final judgment

When choosing recurring billing software, you need to consider the specific needs of your company and customers. Chargebee is a great all-around option, but it can be expensive for SoloPrineurs or small start-ups. Other options, like Wave and Zoho, offer free and cost-effective options for those just starting out. For high-income businesses and companies looking to maximize profits, Recurly and Zuora provide the functionality necessary to optimally support these needs;

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