Over the past 15 years, we’ve worked with some of the best companies in the world. When it comes to usage-based pricing software, we’ve seen what works, what the pitfalls can be, and where gaps in the market currently exist.
We took a holistic, end-to-end approach with our usage solutions. Zuora gives finance teams the right billing and revenue automation tools, customers the transparency and flexibility to consume what they want, and product owners the right mediation, metering, and pricing tools to pivot from pure pay-as-you go to hybrid models – and everything in between.
Keep reading to learn more about why Zuora is the total package when it comes to usage-based pricing.
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Accurately capture and meter usage
Your engineering team should be spending time on your product, not building usage metering.
Give your product teams the flexibility to meter whatever they want, without spending engineering cycles building, and re-building code for metering usage or getting pulled into every customer dispute.
Zuora makes usage data easier to manage
While some vendors only offer basic usage metering, a true end-to-end solution will provide all the tools your business needs to collect, transform, and measure usage data.
Surprises lead to terrible customer experiences. The nature of usage pricing means that customers might not realize how much they’re using.
The answer is transparency — customers need to stay apprised of their consumption patterns. And if you can do it right, it’s not only a better experience, but can be a key growth lever as well.
Real-time usage rating and visibility
Customers like to see what they’re paying for, what they’ve used, and what their usage patterns are. To do this, you’ll need real-time rating.
Zuora does just that, with the usage solution your business needs to:
Automatically process and rate usage data in near real-time
Alert your customers of overages, push notifications as they approach threshold limits, or when it’s time to top up their usage
Empower your Billing Ops team to get ahead of customer disputes
Accurately bill your customers every time with a fully traceable audit trail to track usage from the time an event is ingested until it surfaces on an invoice
Trends around monetizing generative AI and reducing adoption barriers have many companies turning to usage pricing models to drive growth. But to help ensure the successful company-wide roll out of a new usage-based pricing model, revenue accounting teams must be equipped with the right tools for success.
Usage-based pricing models will continue to be a pivotal tool for companies across industries in the years to come. This model offers a scalable, transparent, and cost-effective approach that benefits both providers and users, aligning with the dynamic nature of modern business practices.
As you navigate the complexities of usage, embracing a Total Monetization strategy and implementing the right solutions will help your business foster innovation, maximize growth, and nurture customer relationships.
Accurately capture usage
Give your product teams the flexibility to meter whatever they want, without spending engineering cycles building, and re-building code for metering usage or getting pulled into every customer dispute.
Quickly launch and scale usage-based pricing across your product portfolio. Learn why leading SaaS companies use Zuora to move fast and quickly add usage to the pricing mix to drive total monetization.