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Whats a good recurring billing management system?

Came across this interesting query of managing recurring billing unless terminated by a startup venturing into supplying wellness products. They will begin shipping products to doctors & retailers in India a herbal concoction post signing annual contracts for monthly deliveries. Their need is to not have to manually initiate billing and invoicing. SMS based automation of quantity change etc.

Are there billing platforms that provide solutions to startups for automation of billing once set in the system for the month.

7 Replies

Jessica Alter
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Jessica Alter Entrepreneur • Advisor
Entrepreneur & Advisor
Several good threads on this already, good to do a search before you post
Here are a fewhttp://members.founderdating.com/discuss/575/Subscription-based-billing-SAAS-solution andhttp://members.founderdating.com/discuss/398/Solutions-for-recurring-payments
Kushal Bhasin
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Kushal Bhasin Entrepreneur
Founder Director, Innovatus India
hi Nishant,

We are working on such a platform for our bespoke clients, in stealth mode. It takes care of all aspects of billing and collections of one to many Billing & Collections. We finally plan to roll it out as a product. If you know of someone interested in this then, we'll be happy to offer.

Wr.
Betty Kayton
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Betty Kayton Entrepreneur
Financial Consultant at uBiome
check out recurly (www.recurly.com). they specialize in recurring billing on credit cards and have a great revenue recovery system which helps find replacement credit cards (when cards expire) so you generally generate more revenue with recurly than if you did the billing yourself. so the recurly service usually more than pays for itself
Brent Laminack
0
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Brent Laminack Entrepreneur
Principal at OpenFace Systems, Inc.
I used to work with OSTraining.com. They make their living selling subscriptions. Here's a link to their Lessons Learned after 5 years. It's all about the payment processor. tl;dr: Don't use PayPal, Use Recurly.
Andrew Salzman
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Andrew Salzman Advisor
Global Market Strategist I Outside Director I Accelerates Path from Strategy to Results
Many exist, from Zuora to Aria Systems. Andrew Salzman Principal tel. [removed to protect privacy] I fax [removed to protect privacy] www.linkedin.com/in/salzman The Chasm Group LLC 1250 Bayhill, Suite 100 San Bruno CA 94066 http://www.chasmgroup.com
Nishant .
0
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Nishant . Advisor
Co-Founder LIFTOFF Ventures || Investor VYANA Scientific || Mentor & Strategic Ideator
Thanks everyone for your inputs. Appreciate that...

Jessica: Within India some Central bank prohibitions restrict recursive billing thus the query needed entrepreneurial ideas.

Kushal: Lets connect to understand if theres a way out. Bill Desk seems to be the only one doing this but the process is manual

Recurly has limited india presence that too with Cybersource which does not have an India office.
Kushal Bhasin
0
0
Kushal Bhasin Entrepreneur
Founder Director, Innovatus India
hi Nishant. Sure please let know. Of what i understand the current product should cater to the requirement with a bit of customisation.

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