Maxio vs. Online Check Writer

In my opinion, Maxio is well suited for a large company with simple products/billing scenarios and 10s of thousands of dollars available to waste on implementation, learning curve, and mistakes. For any other company, I do not advise purchasing Maxio.

Online Check Writer is a great investment for businesses as it can handled expansion as the company grows. It is well suited for companies that want to analyze revenue and expenses so they can see where they can makes changes to their day to day operations. For now I am not able to see what business this is not suitable for.

• Managing deferred revenue.
• Contract management is flexible and allows us to see data that we never had before.
• Billing is painless and is now done within a couple hours. Previously it would take at least 1-2 days.
• Business Metrics and Reporting.

Incentivized

• It has allowed me to have more time to focus on my clients needs.
• It has help to stream line my record keeping and manage my budget.
• It has shorten the transaction timeline for myself and my clients.
• It takes the hassle out of paying bills.
• I can easily use my cellphone to operate my business.

• Options for Cash-based businesses. While it's not GAAP compliant and most users are accrual, many SaaS start ups are still small and operating on a cash basis.
• Commissions Module since SO already has all our data intergrations
• So many different features and data entry points that manual data entry errors are common

Incentivized

• Make the video more condensed.
• Make short videos for each function.
• Make sure to mention the security features to protect your information.
• What is in place if there is a breach in security?

They are a crucial piece of what we do. We hope to have them as a vendor for a long time to come.

They are willing to help with most challenges and are pretty easy to get ahold of by phone. They are limited in their reach, when it comes to bulk cancellations, along with some other bulk edits. It is no fault to them, Chargify is just a system that hasn’t been upgraded much over the years.

Incentivized

I inherited SaaSOptics from several predecessors that worked on it before me. I believe they used Chargebee or Chargify before SaaSOptics, but I haven't used them. I pray that the market comes up with a better product for subscription revenue management, SaaS metric reporting, and financial projections. Unfortunately, I don't have the time or the team to be able to successfully complete the transition to new software at this time, so I feel like I'm stuck with SaaSOptics at this point

• Limitations in Chargify's invoicing capability has resulted in our finance team having to manually send invoices from our accounting system. This has resulted in 10-15 hours a week of resource wasted on something that Chargify should automatically do. If this isn't addressed, then the wasted time will increase as we scale.

Incentivized

• Online check writer has reduced my fee expenses by $2000 a year.
• I have increased my earnings by 30% in 1st 6 months.
• It has also allowed me to analyze my expenses and be more efficient in my budget.