Regardless of the business or industry you’re in, there’s no doubt that a successful year is at the forefront of your strategy. And at the helm driving that success is revenue. But not just any kind of revenue… we’re talking recurring revenue. When an average of 80% of a company’s future profits comes from 20% of its existing customers, it’s a telling sign of where your focus should be. And if you’re like nearly 50% of U.S. businesses today, you’ve either already adopted or are planning to adopt a recurring revenue model in your business. If you haven’t, there’s no better time than now to do so.
But why recurring revenue? What’s wrong with your old legacy billing system? If your goal is expansion, these old billing systems can’t handle or support the growth required for increased usage-based businesses objectives and new subscription options. You need a more modern, sophisticated system that guarantees your success today and in the future.