Global Subscription Billing Management Market to Reach US$ 46.5 Bn by 2031; Predicted to Experience CAGR of 12.5% (2023 – 2031); says TNR WILMINGTON, DELAWARE, UNITED STATES, December 5, 2023 / EINPresswire.com / — Subscription billing management involves automating the invoicing and payment processes for subscription services or products. It keeps track of customer subscriptions, generates invoices on a recurring basis, processes payments, and manages billing schedules. This streamlines revenue collection for businesses and enhances the user experience for customers receiving ongoing services or products. Get Sample Copy of the Report Global Subscription Billing Management Market Growth Drivers Global Digital Transformation Initiatives: Subscription billing management market is being driven by the ongoing global digital transformation. As organizations digitize their operations and offerings, they increasingly turn to subscription models. According to the study, a majority of B2B companies are piloting or considering subscription-based services. This reflects the present reality where businesses are rapidly embracing subscription billing solutions to accommodate this transformation. Furthermore, the COVID-19 pandemic accelerated this shift, with 57% of companies reporting an increase in subscription-based offerings during the pandemic, as reported by Zuora’s Subscription Economy Index. Advancements in Dental Technology: Customer retention and maximizing lifetime value are key […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
