Stax Bill
UnclaimedAutomate recurring billing, subscription management, and revenue recognition for maximum growth.
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TL;DR - Stax Bill
- Automates recurring billing and subscription management.
- Reduces late payments and boosts revenue retrieval.
- Provides advanced revenue recognition and financial reporting.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Significantly increases productivity by automating billing processes.
- Reduces late and failed payments through smart retry schedules.
- Boosts revenue retrieval with automated collection tools.
- Offers comprehensive financial reporting and compliance features like ASC 606.
- Provides flexibility in managing subscriptions and pricing models.
Cons
- Specific pricing details are not publicly available and require contacting sales.
- The surcharging feature is subject to eligibility, which may vary by region.
Key Features
Subscription management with dynamic pricing and custom registrationsAutomated recurring billing with lifecycle communications and custom invoicesAutomated dunning and payment retries for enhanced payment collectionRevenue recognition with advanced milestone module for ASC 606 complianceOver 50 dynamic reports for cash flow and revenue source trackingSurcharging capability for credit card processing fees (where eligible)Account hierarchy for organizing customer, subscription, and payment detailsTax calculation at country and state levels with integration options
Pricing
Paid
Stax Bill offers paid plans. Visit their website for current pricing details.
About Stax Bill
By Toolradar Team·
Stax Bill is a comprehensive platform designed to automate and optimize recurring billing, subscription management, and payment collection processes. It helps businesses increase efficiency by reducing manual billing time, decrease late or failed payments through automated retry schedules, and boost revenue retrieval with intelligent collection tools.
The platform is ideal for businesses that rely on subscription models and recurring revenue, providing robust features like dynamic pricing, custom registrations, and structured account hierarchies. It also offers advanced financial capabilities such as ASC 606 compliant revenue recognition, detailed cash flow reporting, and integrated tax calculation, all built on a solid general ledger foundation. Stax Bill aims to streamline financial operations, enhance customer experience, and provide clear insights into revenue performance.
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Stax Bill FAQ
How does Stax Bill's account hierarchy feature benefit businesses with complex customer structures?
The account hierarchy feature allows businesses to organize customer, subscription, and payment details in a structured manner. This simplifies account management and enables functionalities like sharing parental payment methods or generating unified invoices for related accounts, which is particularly useful for corporate clients or family plans.
What specific compliance standards does Stax Bill support for revenue recognition?
Stax Bill supports various revenue recognition options, including an advanced milestone module specifically designed for ASC 606 compliance. This ensures businesses can accurately recognize revenue over time according to accounting standards.
Can Stax Bill automatically handle credit card processing fees by passing them to customers?
Yes, Stax Bill offers a surcharging capability that allows businesses to pass 100% of credit card processing fees onto their customers, where eligible. It also provides the option for customers to choose debit as a no-fee payment method.
How does Stax Bill help in identifying specific revenue sources?
Stax Bill provides over 50 dynamic reports that allow users to track cash flow and identify revenue sources by product, plan, or customer for any specified period. This offers granular insights into where revenue is originating.
What level of tax calculation capabilities does Stax Bill offer?
Stax Bill provides tax calculation and charging capabilities at both country and state levels. For more complex scenarios, it also offers options for advanced tax computation through integrations with specialized tax services.
Source: staxbill.com