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.

The last one, we had to add a historical discount for a customer that sent us its usage data with significant delay. Because the software is designed to have a linear flow of onward-looking data, retroactively fixing previous records felt like working against the system. But when we launched a new product with tiered pricing and setup fees, the configuration was fast

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• 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.

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• SAP Subscription Billing helps in reconciliations of data , Posting journals and helps in providing accurate data during month end,
• Subscription Billing integrates with S/4HANA and helps use existing models to create accurate reports.
• Subscription Billing also provides AI capability to enhance the functionality to provide accuracy in data reporting.

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• 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

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• It is working fine for our organization no improvement needed.

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

Based on ROI, it seems like a good investment.

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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

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It scores 8 because it dramatically simplifies SaaS rate configuration and automates complex mid cycle proration out of box. It only looses points due to configuration guard rail

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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.

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No in-house support.

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Not involved in implementation.

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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 BRIM (Billing and Revenue Innovation Management) is part of SAP portfolio and therefore from package perspective a better choice. We implemented Zuora first but moving over to BRIM; faster implementation, better operations cost and support within SAP RISE Contract Package

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• 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.

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• Saves around 20-25% time in creating and checking the invoices/billings data .
• ability to integrate with S/4HANA which is our legacy system helps to use existing data models to save time in creating new ones.

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