For business owners, scaling your business and managing that growth effectively is always top priority. The good news is, if your business operates on a subscription-based model, there are tools available that offer an easy way to automate and simplify payments.
The price of a fast, growing business: How do I manage all these customers?
For business owners, scaling your business and managing that growth effectively is always going to be one of your top priorities. There’s no better testament to your business's success than a quickly expanding customer base. However, with every victory tends to come a new challenge to tackle. For example, more customers could lead to the potential for billing errors, which in turn means time, money, and resources you’ll have to dedicate to the problem.
The good news is, if your business operates on a subscription-based model, there are tools available that offer an easy way to automate and simplify payments. You can find examples of successful businesses using the subscription model everywhere.
So what’s the secret to managing recurring billing?
Recurring billing software such as Authorize.net’s Automated Recurring Billing™ (ARB) and Customer Information Manager (CIM) can help handle the heavy lifting of managing subscriptions—freeing you to focus on growth. What used to be a painstaking process full of endless paperwork and spreadsheets can be handled almost effortlessly. If you want to create a recurring billing powerhouse, integrating Authorize.net is the answer.
Customize and automate your workflow
Authorize.net’s ARB solution allows you to create subscriptions that include a payment schedule, the billing amount, and the customer’s payment information. If you need to bill a different amount, CIM offers that flexibility. Once a subscription begins, it will run without any additional work required from you. You can also customize the pricing for your subscriptions or even for trial periods.
Don’t leave yourself, or your customers, out of the loop
Each solution does a great job of keeping you ‘in the know’ about important details like upcoming subscription and credit card expirations, so you don’t have to worry about failing to renew a customer’s subscription or losing sales due to an expired credit card. Each solution also offers reporting and other tools as well. Authorize.net has the added advantage of being integrated with our Account Updater service which automatically updates expired or replaced cards, so you never lose out on a sale.
The ultimate solution to your subscription billing woes
For those who have been searching for a way to manage their recurring billing process smoothly and effectively, Authorize.net offers intuitive, flexible, and powerful tools to potentially save you time and money. Read more about how we can support your business.
