Why You Need Automated Billing in 2020

If there’s one thing 2020 has taught us – it’s to adapt. New changes are happening daily in the lives of people across the globe. For businesses, an all new virtual landscape means automation is a must. 

If you’re still not digital and working with old, clunky, paper and pen systems, you’ve likely felt the sting during mandatory shutdowns. The good news is there is still something you can do to get efficient and start saving money!

When it comes to your billing platform automation is the way to go! Here’s why!

Get Organized & Accurate

If there’s one thing the financial aspect of a business requires it’s organization. You simply cannot ensure that all tasks and balances are being done properly and on-time when you’re using manual processes. This can also boost customer service experience and have a positive impact on how the business is seen. 

Manage Cash Flow

Preventing revenue leakage is essential and cannot be overlooked. Instead of allowing little things (which can add up to a lot) to possibly slip through the cracks, an automated system can keep it all accounted for and accurate. 

Grow Your Business

The only way to grow and advance it to understand what’s happening and find areas where improvements can be made. With automated technology you also have the opportunity to integrate with other advanced software and take your business to the next level. 

Subscription DNA offers subscription billing software for payments from a variety of sources, including credit cards, checks, purchase orders, and even third-party processors like PayPal. Get in touch today to learn more and start your free trial.

3 Great Subscription Boxes for College Students

College is an important time for many people. It’s a time for exploration, experimentation, personal reflection, personal growth, and fun. In recent years, subscription boxes have become popular–and for good reason: they provide something fresh every month. Subscription boxes take the pain out of shopping; if you’re the type of person who would rather have themed items picked for you, then you should certainly give subscription boxes a chance. 

That said, not all subscription boxes are created equal. It seems like there is an endless amount of themed boxes and items out there. Some companies offer only skin care products, and others change the theme of the contents they deliver regularly. In addition to the variety of items and themes, price is another factor to consider. Some boxes, like monthly wine deliveries, can cost $60 or more per month.

So, which boxes are ideal for college kids? Here’s our top 3 picks!

Love With Food 

Love with Food delivers a collection of healthy snacks on a monthly basis. The lowest plan costs $7.99 a month. This is perfect for college students, especially if they live on campus. The school’s dining hall is rarely open 24/7. Whether they need an extra boost to finish their homework, or are just plain hungry–these snacks are sure to help! 

Loot Crate

Loot Crate is ideal for people who are into geek and pop culture. Each of their boxes follow a specific theme. You can pick the regular loot crate box, or you can pick a themed box who’s theme remains the same every month. For example, in the standard loot crate box, you might get a Rick and Morty themed box 1 month, and a Stranger Things themed box the next. With the specifically themed subscriptions, though, you pick a single theme. For instance, if you’re into Magic, you might choose their Wizard themed box. If you do, you’ll get different Wizard content every month or quarter. There is really a box for everyone–gamers, movie fanatics, comic book lovers–so do yourself a favor and check it out! 

BirchBox

BirchBox is designed for all the men and women who want to stay up to date with the latest beauty and personal care products. Every month, Birchbox delivers 5 high quality beauty samples to your door. From creams to makeup, birchbox provides new and innovative beauty products that you might not even have known about. 

There you have it: 3 amazing subscription boxes for college kids. Whether you’re buying for yourself, a friend, son, or daughter, you won’t be disappointed with any of these! 

This is Why Subscription Services are Getting So Popular

COVID-19 has completely shifted the way we work and play. Everything we do from shopping to going to school and even conducting business meetings has changed now that social distancing has become the key focus. 

Subscription services have their place in all of this and it’s a good one. The services have seen an uptick during the pandemic as people are spending more time at home, consuming more media than before and even finding value in convenient, easy access to new products and services through the subscription model. 

Here’s a look at a few of the industries really seeing a boom. 

Video Subscription Services on the Rise

Research from Deloitte has found that the average American now pays for up to 4 different video subscription services for the month since the pandemic hit. While it’s tough to say if subscribers will stick around after things start opening back up and they are spending less time at home again, there are some trends already emerging.  The research found that most subscribers like streaming services with a range of different TV shows and movies available in the library and many are looking for live events and video game streaming options too. 

Retail Subscriptions Getting New Life 

The other type of subscription service doing well now is retail. Naturally, with stores shut down or operating with limited supplies on their shelves and smaller store capacity limits, many are finding it so much more convenient not only to shop online for goods but to subscribe to services that will automatically deliver retail items to their doorstep without having to remember to initiate the order each month. Many discounted rates and special offers have prompted consumers to try the subscription trend and the numbers are rising for service providers. 

Are you a subscription services provider looking for an intuitive membership management system with robust reporting? Subscription DNA offers software to let you manage and support your customers. You can also drill down to information about customers and export the data you need to make business decisions. 

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These Are 3 Recurring Billing Must Haves

Recurring billing services offer convenience for customers and a steady income stream for companies. To have a successful subscription business, you need a recurring billing system that is easy for customers to use, and that helps your employees access, process, and interpret data in a variety of ways.

Give Consumers the Ability to Help Themselves

Subscribers don’t want to have to call customer service and wait on hold every time they have a question or want to make a change. They want to take care of things themselves whenever possible. Choose a subscription billing service that makes it easy for customers to subscribe, change their billing and payment information, choose a different plan, and view past transactions any time they want.

Subscription DNA has a Secure Subscriber Portal that allows consumers to take care of many common issues without having to speak with a customer service representative. Subscribers can log in and manage their subscriptions and payment methods. They can also make changes to their account profiles, view their transaction histories, and perform other functions quickly and easily at a time that is convenient for them. Our web services API can help you create your own application and push or pull subscriber data as needed.

Analyze Customer Data

To run a successful business, you need to understand who your customers are and what they want and need. That requires data that can be parsed and manipulated in a variety of ways to give you insights that you can use to make informed business decisions. For instance, you should be able to compile reports on groups of customers with data broken down by geographic area, plan selected, or other criteria. You should also be able to look at records related to specific individuals.

Subscription DNA’s software can allow you to view subscriber and subscription data from several perspectives. Data can be filtered to create reports on the behavior of groups or specific individuals.

Organize Information about Individual Customers

You may need to keep notes about subscribers related to their purchases, billing issues, complaints, interactions with customer service representatives, and other matters. Having the ability to consolidate that information in one place can help you provide a better experience and keep your customers loyal.

Subscription DNA’s CRM can allow you to conveniently manage notes and reminders about both general matters and specific customers. That can help your team stay organized so you can communicate with users and efficiently share information internally.

Learn More about Recurring Billing Software

Subscription DNA’s SaaS platform can make it easier to manage your subscription billing. Our front-end options can allow customers to log in to their accounts directly from your website. With our software, your team can manage accounts, automate invoicing, communicate with customers, and generate and analyze reports. Contact us today to learn more.

Modern Church Tithing: How Subscription Services Make it Easier for All

With the impact of the coronavirus and the forced shutdowns that occurred across the globe, many necessary businesses and services have found new ways to get things done. This includes remote workforces and even online gatherings. Many religious gatherings continued to happen despite state mandates to shut down their physical locations. A surge in the number of people attending church services online was also a result. 

One important element for church services is the act of Tithing. Service offerings and dues paid to these establishments help with everything from keeping the lights on to outreach efforts for those in need – and more. So letting the payment side of church service go unfunded during the pandemic wasn’t an option. 

Some churches turned to payment apps where online users could send money to dedicated accounts instead of their traditional Sunday envelopes. Others invested in technologies to make tithing possible via their own websites and online applications. 

These capabilities make donating seamless and easy to do – further increasing the chances that offerings will be made. 

The same benefits that monthly product and service providers find with subscription services can also be offered to churches. 

Subscription DNA provides a powerful SaaS platform for accepting payments and donations and makes it easy for administrators to set up online paywalls, send out group emails, and so much more.

Accept payments from credit cards, checking accounts, PayPal, and other methods people are using today. 

The best part, Subscription DNA is also PCI-DSS compliant and uses secure encryption so your members don’t have to worry about the security of their payment.

 

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