How to Meet and Monetize Customer Demand for Consumption Billing in B2B SaaS

Consumption, or usage-based billing, is increasingly popular for B2B SaaS companies, with customers receiving flexible pricing and businesses gaining loyalty by meeting the demand. When implemented correctly, a usage-based billing model enables a company to keep monies received in line with value provided to the client as the client relationship grows. In this session, SOFTRAX will:

• Discuss the complexities inherent in the consumption and usage-based billing model
• Examine the complexities around contract lifecycle management in the context of these billing models
• Review the requirements for ASC 606 and IFRS 15 specific to consumption and usage-based billing models

LEARNING OBJECTIVES: 

• Understand the business reasons for adopting a usage-based billing model
• Prepare for the billing, renewal, and revenue recognition challenges inherent in a usage-based billing model
• Examine the flexibility needed to remain agile in the context of usage-based billing models

Note: CPE credits are not offered for watching the webinar replay.