BillingPlatform
BillingPlatform is a cloud-based monetization solution that automates the entire quote-to-cash process, allowing you to manage complex pricing models, subscription billing, and financial reporting in a single system.
Recurly
Recurly is a subscription management platform that automates billing, optimizes revenue recovery, and provides deep analytics to help you scale your recurring revenue business with ease and efficiency.
Quick Comparison
| Feature | BillingPlatform | Recurly |
|---|---|---|
| Website | billingplatform.com | recurly.com |
| Pricing Model | Custom | Subscription |
| Starting Price | Custom Pricing | $249/month |
| FREE Trial | ✘ No free trial | ✓ 0 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2012 | 2009 |
| Headquarters | Denver, USA | San Francisco, USA |
Overview
BillingPlatform
BillingPlatform gives you complete control over your entire revenue lifecycle, from the initial quote to the final payment. You can move beyond simple subscriptions by launching sophisticated usage-based, hybrid, or tiered pricing models that match how your customers actually buy. The platform automates repetitive manual tasks like invoice generation, payment processing, and tax calculations, which helps you reduce errors and close your books faster every month.
You can also gain deep insights into your financial health with built-in reporting and data visualization tools. Whether you are managing a high volume of small transactions or complex enterprise contracts, the system scales to handle your growth without requiring a complete overhaul of your tech stack. It is designed for mid-market and enterprise companies looking to modernize their financial operations and eliminate the friction of legacy billing systems.
Recurly
Recurly provides a flexible platform to manage every aspect of your subscription lifecycle. You can launch new plans in minutes, automate complex billing cycles, and handle global payments without manual intervention. The software focuses heavily on revenue optimization, using machine learning to recover failed transactions and reduce involuntary churn before it impacts your bottom line.
You can integrate the platform with your existing tech stack to sync data across accounting, CRM, and support tools. It serves fast-growing startups and established enterprises alike, providing the tools you need to experiment with pricing models and promotional offers. By automating the heavy lifting of recurring billing, you can focus your energy on building better products and growing your subscriber base.
Overview
BillingPlatform Features
- Flexible Product Catalog Configure any combination of one-time, recurring, and usage-based pricing models to meet your specific market demands.
- Automated Invoicing Generate accurate, branded invoices automatically based on real-time usage data and custom contract terms for every customer.
- Revenue Recognition Stay compliant with accounting standards like ASC 606 and IFRS 15 using automated revenue scheduling and reporting.
- Customer Portal Give your customers a self-service experience where they can view invoices, manage payment methods, and track their own usage.
- Collections Management Automate your dunning process with custom email workflows and payment reminders to reduce churn and improve cash flow.
- Usage Processing Mediate and rate high volumes of raw usage data from any source to ensure precise billing for consumption-based services.
Recurly Features
- Subscription Agility. Create and modify subscription plans, add-ons, and coupons instantly to test new pricing strategies without writing code.
- Revenue Recovery. Recover lost revenue automatically using machine learning that retries failed payments at the optimal time for success.
- Global Payments. Accept payments globally with support for multiple currencies, languages, and over 20 integrated payment gateways.
- Automated Invoicing. Generate professional, tax-compliant invoices automatically and send them to your customers based on their specific billing cycles.
- Subscriber Management. View and manage the entire customer lifecycle from signup to renewal, including upgrades, downgrades, and pauses.
- Advanced Analytics. Track your most important metrics like MRR, churn rate, and LTV with real-time dashboards and exported reports.
Pricing Comparison
BillingPlatform Pricing
Recurly Pricing
- Up to $500k in annual sales
- Hosted payment pages
- Automated dunning management
- Credit card & PayPal support
- Standard reporting dashboards
- Email support
- Everything in Core, plus:
- Up to $2.5M in annual sales
- Advanced revenue recovery tools
- Manual invoicing & check payments
- Business logic & integrations
- Priority phone and chat support
Pros & Cons
BillingPlatform
Pros
- Highly customizable to fit unique business rules
- Handles complex usage-based billing scenarios with ease
- Automates manual accounting tasks to save time
- Consolidates multiple billing systems into one platform
Cons
- Initial implementation requires significant time and planning
- Learning curve for administrators due to deep functionality
- Documentation can be technical for non-developer users
Recurly
Pros
- Highly effective automated revenue recovery tools
- Clean and intuitive user interface for teams
- Seamless integration with major payment gateways
- Flexible coupon and promotion management system
Cons
- Pricing can be high for small startups
- Analytics reporting can feel limited on lower tiers
- Steep learning curve for complex API configurations