Subscription-based business models have existed for decades, but they have experienced significant growth in recent years. While subscriptions were previously mainly found in the media sector, they are now available in other sectors and in various forms. Examples include product-as-a-service, service subscriptions, recurring products, and digital products.
Our Smart Subscription Solutions support all types of subscriptions. From simple subscriptions to complex structures with extensive options such as premiums and add-ons. We handle the entire financial process: from sign-up to upgrades and reminders.
Subscription Management
Register all subscriptions, pricing, and payment plans in a single overview. Manage subscriptions for customers who wish to start, modify, or cancel a subscription.
Invoicing
Generate invoice lines based on subscriptions with pricing, payment schedules, and customer accounts. These invoice lines activate the payment and send the invoice to the customer.
Payments
Process payments using the customer’s preferred payment method (Mastercard, PayPal, iDEAL, Bancontact, or direct debit). Additionally, we link the correct payment to the appropriate outstanding item (reconciliation).
Reminders
Is a subscription (still) unpaid? Thanks to our automated Credit Management solution, customers can be contacted about an outstanding amount along with a payment request. This reminder can be sent through various communication channels for different payment methods. There is also the option to transfer the outstanding amount to a debt collection agency.
Smart Subscription Solutions works closely with our Credit Management solution but can also be used as a standalone service at Buckaroo. When you use our Smart Subscription Solutions in combination with Credit Management, you maintain control over your debtor management by collecting outstanding invoices on time and running bill cycles. This saves administrative work and increases your collection rate.
Download all the information about our Smart Subscription Services in a comprehensive document.
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At Buckaroo, payment experts are available to provide you with insights on various subscription models. We would be happy to collaborate with you to develop a strategy that suits your organization.