Recurring Billing Software

What Is Recurring Billing Software?

Recurring purchases — such as streaming services, subscription boxes, or food delivery services — have become increasingly popular in recent years. Recurring billing software automates the tasks related to managing the billing and payment processes for these types of purchases.

Primarily, this software handles two main aspects of billing: the logistics and the customer service. In terms of logistics, recurring billing software can automatically send payment reminders, invoices, or bills, and then collect and process payments on behalf of subscription customers. But by automating these processes and sending marketing emails about upcoming products and payments, recurring billing software also functions as a customer engagement tool.

Brands and retailers can use this software to save time and money, while automating customer communications and getting crucial customer data to inform business decisions.