Zuora is an enterprise software company that specializes in subscription-based services. Its software automates recurring billing, collections, quoting, revenue recognition, and subscription metrics. Its applications help businesses manage subscription-based services in a cost-effective way. Its products can help businesses reduce the time and cost of running a business and improve profitability. For more information about Zuora, read the following article.
The platform’s observability is crucial to enabling a high-quality service and winning in the subscription economy. It helps companies make better decisions faster and improve customer service. In addition to helping companies increase their sales, Zuora can help organizations improve their processes and make them more efficient. By leveraging artificial intelligence, businesses can analyze and compare the performance of different products and services. Customers can also see the health of their products and understand how they are performing.
Zuora sells subscription-based software for businesses. Their flagship product, Z-Business, helps companies manage the full subscription lifecycle, including billing and collection. The company also uses Frontleaf technology in its Z-Insights analytics software to give customers the most accurate information possible. It helps companies understand the impact of their business model on sales and revenue. Further, Zuora’s software enables companies to operate efficiently by identifying patterns and trends in their customers’ behavior.
The company reports that its top-line growth and subscription revenues are set to rise 25% in fiscal 2020. As of June 30, 2016, Zuora’s business is expanding rapidly. More than half of its customers are outside the technology industry, including retail, manufacturing, consumer services, and media and telecom. Major companies like Caterpillar, FedEx, and Harley-Davidson are using Zuora to automate their data processing and accelerate patient insights.
Zuora’s Z-Business subscription software provides subscription-based companies with a complete back-office solution. It allows businesses to monitor MRC (monthly recurring revenue), retention, and churn rates, as well as to create and maintain a subscription-based business model. Its Z-Insights analytics software offers insights into the customer’s behavior. Further, the Z-Business platform includes features designed to support customer retention.
Its automated subscription revenue management software helps companies automate subscription-based services. Its platform allows users to manage prices, launch new products, and collect revenues. It measures activity and translates customer data into GAAP-compliant journal entries. It also manages all sales channels and helps companies meet their profitability objectives. Its software is compatible with most popular payment methods, including credit cards and ACH. It’s a valuable tool for SMEs.
As a SaaS company, Zuora is an evangelist of the Subscription Economy. Its leading enterprise platform automates subscription order-to-cash operations in real time. Its solutions are applicable to any industry and can help companies launch new businesses or transition their existing ones to a subscription-based model. The company serves more than a thousand organizations across the world, and its customers include Microsoft, Spotify, and Netflix.