How subscription management works?

A subscription management works in tandem with a CRM. It calculates the exact price that a customer must pay based on a variety of pricing variables.

Subscription management software calculates this at the deal level as well. It provides statistics such as MRR and ARR.

The most important aspect for your sales team when it comes to subscription management is ease of use. A good subscription management system will help them win more deals and boost their ARR.

Rizer CRM can assist you in increasing your sales. We provide a subscription management system that integrates with the CRM. Prices and subscriptions are calculated right away. Get accurate estimates, quote, and sign new customers.

Get in touch and see a demo 

Subscription business models are becoming more and more popular. Rizer CRM manages subscription data, billing cycle length, and all other details. 

As the subscription management system is integrated with the CRM, after the customer signs the entire process is streamlined with the help of predefined pricing variables. 

Pricing variables are essential to the idea of any subscription management solution. Pricing variables describe how a customer used your product or service. These variables can be permanent, consumable, or monetary in nature.

Permanent variables allow you to compute the number of units used by someone during a given time period. Number of users or number of apartments are good examples of this type of variable.

Typically, these variables are calculated at the beginning or end of the period. They can be calculated as averages or as the highest and lowest values in some cases.

Consumable pricing variables track how much of something is used. The most common example is the number of minutes used on your phone bill or the amount of internet traffic consumed.

Consumable pricing variables are typically calculated at the end of the period when consumption data is available. In some cases, it is possible to estimate and pay in advance.

Pricing variables based on money are common in financial institutions or any other service that charges a commission.

A good management of pricing variable data and how it is used is critical to the operation of subscription management.

A good subscription management system also requires good product pricing modeling. It must support various cycle lengths and calculation methods.

Manage customer subscriptions directly in the CRM and gain complete control over the customer lifecycle. View a list of all active subscriptions. Revenue recognition is simple.

Subscription businesses require a strong solution to manage free trials, upgrade or downgrade existing customers, and collect recurring payments.

Improve customer service by utilizing a unified approach to customer communication. Managed customers have a complete record of all interactions and touch points. This way, every member of the team is empowered to move the relationship forward.

High Velocity 

Get ahead of everyone else with predefined user roles and the most effective approach to modern sales.

Live Dashboards

Track and focus on key sales activities in real time to drive overall sales performance.

Best Practice

Rizer CRM lets you manage and sell effectively from day one instead of starting from scratch.

 

Discover how Rizer CRM is different! 

We focus on all aspects of your sales team so they can focus on closing more deals. With Rizer CRM we provide a better way of managing the full cycle from lead to customer, onboard, retention and follow-on sales. We help maximize the value of your relationships. Our software comes packed with features that make sense to you. Here are some of them: 

Never lose a deal

Stop losing deals. Recycle the rejected products instead. Reconnect with the lead once the time is right. Sell more.

Products are the focus

Rizer CRM has a product focused approach. Closing deals, onboarding and retaining customers are all built around your products.

More leads, less data entry

We handle both inbound and outbound leads so you have all relevant info in once place. With the help of our forms leads arrive from the website in the CRM without the need of tedious copy pasting.

Organization that works

With Rize CRM, we break up your pipeline into clearly defined actions. Each deal contains everything you need to succeed: all the people involved, every discussion, every task, important dates, etc. All in one place.

What to expect from our software solution

Lead Management

By managing both inbound and outbound lead flows and by providing the right qualification tools in each case, we allow sales teams to access the leads with the most probability of closing, regardless of their source.

Customer Management

Once a lead becomes a customer, Rizer CRM helps you streamline communication between after sales teams and the beneficiary for a smooth transition. Keeping with our product-focused approach, we track products both in onboarding and retention.

Product Management

Rizer lets you add your products and manage them within the system. Each of the products added can be matched with existing key custom variables for better management of lead and customer data.

Deal Management

We talked before about predefined roles and processes, and a product-focused approach to managing sales. All these come together in the way Rizer manages and organizes deals.

High Velocity Sales Model

High Velocity Sales is an inside sales model that will help increase your sales performance. It involves the use of specialized teams. Compared to others, the user management inside the Rizer CRM lets you set specific functions for each member of your team.

Analytics

You can stop the hassle of exporting data and manipulating it outside of the CRM or always having the feeling of missing out. Because of the way we structure and predefine data, Rizer can provide analytics like no other solution.

A CRM that finally works the way you need it to

Rizer CRM helps you boost revenue by empowering you to easily discover insights, plan the right actions,
and improve conversions – across the entire customer journey.

Get a live demo today