How do you choose between Recurly vs Zuora?
When choosing the right billing software for your subscription businesses, there are many things to consider.
Since there are so many products on the market today, this article explains the differences and benefits of each tool and how they can benefit your business.
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Recurly vs. Zuora at a glance
Both platforms help customers with their billing and invoicing while helping with customer relationship management (CRM). Both also accept multiple forms of payment, including credit cards.
This makes it easy for businesses to reduce abandonment rates, operate and make sales without having to worry about the details associated with billing at checkout.
Additionally, each platform supports companies operating with SaaS business models and subscription services. Recurly focuses solely on recurring billing, while Zuora offers a variety of other financial features.
Recurly is a platform that supports recurring billing at the enterprise level. It was specifically designed to help businesses manage their subscription services.
This platform makes it possible for companies to process credit cards and other types of payments through a wide variety of payment channels.
It provides an automated feature that allows you to automate the issuance of refunds and credits, upgrade/downgrade customer plans, and more.
Thus allowing your sales force to concentrate on what is most important: making sales.
Overview of Zuora
Zuora is a cloud-based platform that also helps businesses with subscription management.
It is almost similar to QuickBooks, as an ERP platform that allows businesses to manage quotes, billing, revenue recognition, and orders throughout the customer lifecycle.
This platform is powered by six engines: ordering engine, ranking engine, global payments engine, pricing engine, subscription accounting engine, and subscription metrics engine.
Each of these engines work together to provide end-to-end solutions when it comes to customer acquisition and management.
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Price is one of the main things to consider when choosing the perfect subscription billing software.
For one thing, Recurly is customizable and offers users a free trial. This is considered one of the best features because it allows people to test the platform before spending a dime.
Zuora also offers a free trial, with plans starting at $99 a month after the trial ends.
If you are looking for a platform that allows you to enjoy a free trial before creating a fully customized pricing plan, Baremetrics offers a free trial.
Easy to use
In terms of ease of use, both platforms are relatively easy to use. However, since Recurly has less functionality, it is also a more user-friendly platform than Zuora.
The bottom line
Now the bottom line is, between Recurly vs Zuora, which one would you rather choose?
Recurly is considered the leading API and billing platform for SaaS companies that process recurring payments.
While Zuora is a much better option for those interested in platforms that provide a wide variety of financial functionalities.
A great way to get fantastic billing as well as great financial analysis is to integrate Recurly with Baremetrics. Try it anytime!
Simplified billing software
Both Recurly vs. Zuora are good options. However, if you are looking for cutting-edge software that can help you with multiple financial metrics, we suggest you use Baremetrics.
Baremetrics offers detailed reporting and analytics and is used to help clients gain insight into customer behavior through forecasting, personalization, and segmentation.
The platform is fully PCI compliant and best of all, you can get started with Baremetrics for free. Sign up and start your free trial today!