Zuora
Overview
What is Zuora?
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- Free/Freemium Version
- Premium Consulting / Integration Services
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- Competitors
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What is Zuora?
Zuora is software for subscription businesses. The software is designed to provide an end-to-end subscription management solution that includes billing, finance, commerce and insights, helping users establish a subscription business model and establish, nurture, and monetize recurring customer relationships.
Zuora spans across commerce, billing, collections, revenue recognition, and analytics. The vendor says their products aim to help users:
- Go to market with their subscription offerings, then grow and retain their customer base across multiple channels
- Automate billing, collections, and revenue recognition to scale their business and support their go-to-market strategies
- Deeply understand their subscribers and the health of their business at all times
Zuora is headquartered in Foster City, CA with 11 offices around the world. The company services over 800 clients, including HP, Dell, Financial Times, Box, YP.com, Vivint, Hubspot, and Schneider Electric.
Zuora Features
- Supported: Product Catalog
- Supported: Subscriptions & Amendments
- Supported: Zuora for Salesforce
- Supported: Billing & AR Settlement
- Supported: Payment Processing
- Supported: Revenue Recognition
- Supported: GL Integration
Zuora Video
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Zuora Integrations
Zuora Competitors
- Braintree, a PayPal service
- Chargify
- Vindicia
- Microworks Prism POS
- 2Checkout from Verifone
- Ericsson Enterprise & Cloud Billing (formerly Metanga)
Zuora Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
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- It is automated to an extent that very less manual intervention is required. Which itself is an FTE saver. If on a traditional tool we were employing 5 members, now 1 for half a day for day to billing and subscriptions task suffices. This is just one team. Imagine what impact on the organization it would have brought.
- If integrations are part of the project where Zuora is connecting the dots with other systems, I will recommend verifying the available tangibility with integrations. Batch runs could be effective in a slow-paced (<10-50 transactions per day) but in voluminous sides (>200-1000 transactions per day) I would encourage going for real-time solutions.
- Billing's most integral part today is to be able to make swift updates, be it Contact updates, Date changes, Credit/Debit memo creation, and other accounting task. Zuora handles them very effectively and is really quick which is the edge in the fast-paced nature of business today where everything is required to be completed instantly.
Sage Intacct
- Cost of the tool far outweighs the return we have seen.
- Tool is intuitive and easy interface.
- Open API is very helpful.
Does exactly what it says on the tin!
- Zuora has helped us keep administration costs down in maintaining subscriptions and payments.
- The payments management has helped us keep the incoming cashflow positive and overdue debts to a minimum.
Zuora Review
- Positive impact: we're able to invoice our customers timely and correctly.
- Positive impact: recurring payments are simple and accurate.
- Negative impact: Zuora and the Customer Management System that my organization use are no longer integrated because of some issues in the past with double billing and things of that nature.
Zuora and its ease of use
- Easy of use
- Meeting business requirements efficiently
Zuora for your invoicing needs
- Positive - allows for ease of subscription building and billing off of those subscriptions.
- Negative - issues properly using z-quotes.
- Positive - Has many options for customer data to be stored properly thus making it our primary data storage center of customer information.
Profit oriented, Impactful results.
- Overall 2 - 3M business revenue on each month
Zuora Complete Business Solutions
- Business has grown and easy to handle
- Real time reports
Zuora - OK, but not great
- Positive - helped us launch new, unique billing initiatives
- Negative - taken up a lot of time debugging various "gotchas" with the service
Flexible Reporting Machine
- It has been positive
We love Zuora!
- It has helped us provide more creative pricing and discounting offers to our consumers.
Zuora: Best But Imperfect
- Hard to say. It certainly hasn't had a negative impact, and its help of our renewal process has definitely served as a catalyst.
Not a good solution for B2C subscriptions.
- Building anything on top of Zuora has been time consuming and drawn resources away from our core business objectives.
Zuora is a winning choice for your subscription economy
- We've been able to close deals faster with the implementation of Z-Force Quotes and DocuSign within Salesforce. Plus, this puts the tools in the hands of sales to do the work, not support staff. Added bonus of having better information within Salesforce in regards to previous quote history and current subscription numbers.
- Our finance team is better able to act like gatekeepers in some instances when it comes to the kinds of deals that get created because the product catalog and pricing plans are more standardized. A plus in transparency between sales and finance.
- Standardizing your product catalog into a model that works within Zuora can be challenging IF, as a business you've not already formalized your catalog and you do a lot of non-standard things like packaged deals or 'bundling' as some people call it. Having a successful Zuora implementation may mean being flexible in how you sell, but the good news is that making that standardization is good for the entire company, not just sales and finance.
- There is a real sense that you need to find the ROI in Zuora, especially in the early stages but I don't think most people will. When you have to migrate part of your accounting & business to Zuora it shines a very bright light on a lot of flaws you may already have. It takes time to adjust and normalize data in Zuora and in many cases you may not get the kind of accurate business reporting (churn, MRR, ARR) you were hoping for in the first year if your subscription business is based on annual or multi-year deals. If you're monthly, you should have none of these issues.
- Customer service has greatly improved. Our team has better transparency into the subscriptions of our customers and it makes it easier and faster for our CSA staff to zero in on the products and services our customers are using.
- Sales has much better information at their fingertips in Salesforce to help them make better sales.
- Making the migration from wherever you are into Zuora can be very challenging. In our case we had a homegrown solution so the migration was a bit difficult. Post-migration we felt a bit like we got kicked out of the nest with some rising frustration. This has since changed with added account management and increased support.