Using software to manage recurring billing offers companies numerous benefits:

Improved data management: A high-quality recurring billing system makes it easier to capture, manage, retrieve and analyze billing data. As a central location for storing data, it also enables flexible management of customer relationships. It also enables data to be transferred to other systems such as MES and ERP, if required.
Increased transparency: One of the most important benefits of recurring billing software is the improved visibility of internal processes. Users maintain an overview and can display relevant information in a targeted manner.
Improved efficiency: If you no longer have to manually take care of invoices and reminders, you have more time to focus on your core business. This is particularly advantageous in times of increasing digital networking, heightened global competition and constantly changing customer requirements.
Increased ease of use: Recurring billing software enables companies and their employees to send invoices automatically, to send automated reminders in the event of late payments, and to keep track of all tasks at all times.
GDPR compliance: Data protection is one of the key issues in customer data management. Far too often, companies still operate in legal gray areas or murky waters. Their own competencies or proper handling of sensitive data is often not clearly understood. Recurring billing software relieves companies of this challenge and ensures legal certainty with tested conformity.
Simplified customer acquisition: trial subscriptions can help to increase awareness but also sales. Without an automated recurring billing solution, this is almost impossible to achieve in practice. The status of each trial subscription must be tracked manually and access terminated at the end of the trial period. If payments are billed automatically, this problem does not exist. If customers subsequently opt for paid use, recurring invoices are automated and do not require any effort on the part of employees.