Maxio vs. SAP Subscription Billing

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.

I would recommend Subscription Billing to customers where they have small volume of subscription based business. I would also recommend to customers who already have implemented S/4HANA but want to have subscription based business in the cloud. I would recommend to the customers where they want to implement subscription model billing with complex pricing and various billing and invoicing requirements but less volume of data and minimal customizations are require.

Incentivized

• 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

• 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

• Seamless Integration with SAP S/4HANA
• Limitation on creating Bundle Products
• Limitation with implementation of Advance variant configuration

Incentivized

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

There is definitely a learning curve - to me the UI for reporting was not intuitive and often required me to ask our RevOps to pull data for me

Incentivized

It is suitable for small to medium scale customers with low to medium complexity. The product is evolving and require more focus on strengthening the pricing schema to handle complex rating and pricing requirements. It does offer some great features to manage meter to cash functionality but has multiple limitations highlighted previously.

Incentivized

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

SAP is a trusted company in my opinion, and when i tried it out, it felt good too as im used to working with these type of products from SAP, so would definitely say this is better than other ones

Incentivized

• 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