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More – Transforming Subscription Based Business

  • June 11, 2008

Zuora.comZuora, an SaaS company run by veterans of WebEx and SalesForce, is looking to be the next big thing in online billing. While it’s not an exactly revolutionary, Zuora is generating its own little buzz storm.

The company aims to transform subscription businesses by eliminating their need to support their own billing system. To do this, they’ve created the ‘Z-Billing Platform’ which handles billing operations, customer subscriptions and product catalogs. Z-Billing can be scaled to fit high growth companies and any number of pricing models. Users can manage their accounts within one single interface. Zuora offers the platform on-demand; customers simply need to integrate their existing billing information into their Zuora accounts. Zuora will take 2% of all invoiced amounts. The amount decreases with larger payments. At the moment, six clients have already signed up.

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