Why do some software businesses succeed with subscriptions and recurring models while others struggle? At DigitalRoute, we believe the difference is in the data. And specifically, how you leverage the full potential of your data.
Trusted by the frontrunners
Quickly go to market with hybrid business models with usage- or outcome-based offers, and through bundled packages or through a partner ecosystem. Maximize the revenue of your product and optimize your customers’ consumption of your features.
Support your PLG motion through insights with granular usage detail to enable cross-sell, upsells, and churn prevention. Learn what features of your product are used, by whom, when, for how long and how it is used so you can feed your product roadmap with better insights to improve customer experience.
Avoid underbilling customers because of failures or errors in your manual processes. Automate the collection usage data and consolidate your financial stack to provide a single invoice to a unique customer and improve your company cashflow.
Automatically capture large volumes of usage data from all sources (ERP, CRM, or CPQ for instance) and formats in real time, with built-in error correction and tracking to ensure no revenue-critical data is lost.
For companies with recurring revenue models, nothing is available on the market that compares to having a purpose-built usage data management solution. We have a proven track record of success and Usage by DigitalRoute is tailored to meet the unique needs of subscription-based companies. Here are some of the benefits of choosing DigitalRoute:
There are many ways to manage service usage data, but DigitalRoute provides the only battle-proven solution on the market today. Take a closer look at how we stack up to other solutions.
When you charge customers based on usage, you must aggregate metering data over time. That requires state management, something most iPaaS solutions cannot do.
ETLs are designed for bulk data transfer scenarios, such as disaster recovery, database backups and data warehousing. But adapting them for usage billing can come at a high cost.
A homegrown solution for usage billing may seem fast and low-cost at first, but over time, it can take a lot of work to maintain and can hinder your potential to scale.
With full control of your usage data, you can launch subscription and consumption-based models faster. Real-time data processing allows you to bill for new products and services instantly, and to recognize revenue as soon as your services launch.
With 20-plus years of experience, DigitalRoute provides a proven, purpose-built solution for usage data management. We serve category-leading software providers, including both horizontal and vertical SaaS companies.
DigitalRoute Usage Engine is purpose-built to tackle the data challenges associated with usage-based billing. This means the IT team has more time for strategic work that creates value for your business.
DigitalRoute Usage Engine captures, validates, aggregates, and enriches usage data with high levels of automation. DigitalRoute can process any volume of data and deliver clean records to operational, business and finance systems, in real time.
Data for growth
Digitalization can bring you closer to your customers, but only if you can understand exactly how they are using your services. DigitalRoute Usage Engine delivers a golden record of metering data that helps predict user behavior, while supporting cross-selling and product development.
DigitalRoute Usage Engine provides clean “fuel” to power product-led growth. With a foundation of more accurate and detailed insights into the customer, software companies can take new offerings to market faster and monetize services more effectively.
Data for billing
Offering fair and transparent pricing can be a key differentiator for software businesses. DigitalRoute provides an ideal complement to enterprise-grade billing solutions where flexibility, scalability and full auditability are critical.
With built-in error correction and an audit trail, DigitalRoute ensures that no data, and therefore no revenue is lost. In addition to processing data, the solution can also send data back to devices and systems to support stronger customer relationships.
As the SaaS market continues to grow, SaaS vendors face increased competition and must find better ways to increase revenue, attract and retain customers, and demonstrate their value. Here are 3 reasons why usage-based pricing for SaaS is the answer.
With record inflation and rising labor costs, many SaaS vendors are raising prices for their services. Yet with an economic downturn looming, enterprise IT departments want to make their SaaS spend more efficient.
SaaS companies once relied on flat-rate subscriptions, but they’re quickly turning to usage-based pricing. Here are 5 SaaS companies doing usage right.
As you expand your digital portfolio and partner ecosystems, managing service usage data will become increasingly important. Our team is happy to discuss your objectivess and help you create a strategy and get the most from your digital services.Schedule an advisory session