Most of the business models are moving from traditional way of charging to On-Demand or "Elastic" way of charging. This gives options for the customers to use a service only for the required time rather than having long term commitments with the service provider. In case there is additional need for the same service, the same can be opted again for a fixed term. This has enabled service providers to deliver services like SaaS, IaaS/PaaS, Storage, Database etc.
In order to manage this business model, a subscription billing or recurring billing is hence very important with more focus on packaging and recurring pricing. There can be an additional scenario where anything beyond which is agreed as per the subscription need to be priced on usage basis, which is widely referred as usage based subscription management solution.
SURE! provides an end to end automated recurring Billing and Subscription Management System that supports flexible subscription based pricing models, dynamic product packaging, usage based pricing, on-demand as well as online recurring billing solution based on your customer preferences along with the 360 degree customer management. Built-in revenue assurance mechanism also helps you in maintaining a steady revenue flow as well.