TL;DR
- If you're feeling constrained by Onebill's limitations and looking for alternatives to streamline your billing process, our article will be invaluable.
- We've dissected the top five Onebill alternatives, kicking off with Togai, which excels in flexible pricing models and real-time tracking for B2B businesses.
- Togai's integration with Adyen for tax process automation enhances billing efficiency.
- Zuora is another strong candidate, especially for those who value customer data insights and marketing campaign integration, despite its vague pricing structure.
- For small businesses aiming for rapid growth, Recurly's subscription management software is a magic wand, though it has some drawbacks in invoice management.
- Maxio is noteworthy for its automation and real-time revenue insights but watch out for occasional bugs.
- Chargebee rounds out the list with its robust subscription management for various industries, though it may lack the ability to handle complex billing needs.
- Each option has pros and cons, so consider the details to find the perfect fit for your company's billing requirements.
Onebill is a modern monetization platform specially designed to streamline end-to-end billing processes. This centralized billing platform is popular for its many capabilities like:
- Billing and revenue management
- Customer relationship management
- Channel partner management
- Configure Price Quote
- Enterprise Resource Planning
- Provisioning
Despite its popularity, Onebill faces criticism. Businesses are unhappy with its default configurations that do not align with their requirements. The platform has other not-so-user-friendly issues, such as:
- Need for extra technical support
- Limitations in rectifying invoices
- Difficult-to-understand features
- Time-consuming navigation
- Limitations in custom reporting
Onebill is, no doubt, a great platform. However, there are plenty of choices if you are looking for better billing alternatives to Onebill. Our blog explains each choice and why the platform could be a fitting option for your business. Let’s begin with Togai.
Option 1: Togai Billing Platform: the Best Onebill Alternative
Togai is a popular Usage-based Metering and Billing Software. This formidable contender is designed for B2B businesses with an”Event-based” architecture that enables you to implement and customize multiple flexible pricing models. And that’s not all. Togai empowers you in many more ways when it comes to billing. With this user-friendly platform, you can:
- Map features to plans
- Implement usage limits
- Meter and bill any event
- Modify accumulated data into insightful metrics
- Align entitlements with your pricing strategies
- Receive accurate and up-to-date information with real-time tracking
- Ensure transparency and control with resource consumption
This comprehensive billing solution is packed with practical and useful features to help you dynamically adapt your pricing models. Togai offers:
- Automation features for quick pricing adjustments
- Ability to handle large volumes of data in real-time
- Revenue recognition reporting
- Better usage-based billing experience
- Seamless integration with your current business tools and technologies
- Even-based architecture that negates the need for engineering efforts
- Implementation of new GTM strategies
Businesses adopting Togai have abundant benefits that improve their billing and, thereby, their entire workflow efficiency.
Togai’s Benefits
- Multi-currency support for users
- Pricing flexibility to create models based on user behavior
- Intuitive user interface to enhance user experience
- Rapid Pricing Adjustments to sustain the evolving business landscape
- Seamless integration with existing or new tools across work systems
- Support for various transactions and accounting providers
- Integration with Adyen for tax process automation
Togai’s Pricing
Ready to dive into Togai's pricing details? Reach out today to discover personalized solutions that align with your business goals!
Option 2: Zuora Subscription Management & Revenue Automation Tool
Zuora is a great option for businesses that track customer data and user behavior patterns to chart their marketing campaigns. Of course, it is also a user-friendly financial transaction tool that supports multiple payment methods and gateways.
Zuora’s features include:
- Analytics and report gathering
- Support for multi-currency transactions and multi-period recurring billing.
- Dunning management functionality to reduce churn
Advantages of Zuora
- User-friendly interface
- Easy integration with Salesforce and other ERP and CRM tools.
Disadvantages of Zuora
- Lacks a definitive pricing plan.
Zuora’s Pricing
Zuora offers customizable prices according to your requirements and usage.
Option 3: Recurly Subscription Management Software
Founded in 2009, Recurly is a subscription management software for all kinds of businesses. Its robust analytical and reporting capabilities and extensive revenue recognition statistics are used across media and healthcare companies. However, the best thing about Recurly is that it works like magic for small businesses that want to speed up their growth without the burden of subscription needs. Recurly’s features include:
- Unlimited subscription billing plans
- Support for more than 20 payment gateways
- Comprehensive data insights and analytics
- Global Payment Support is available
Benefits of Recurly
- Minimized churn and maximized conversions
- Support for global payment processing
- Intuitive user interface
- Minimizes money collection time
- Flexible dunning management tool to notify clients of failed payments.
Drawbacks of Recurly
- Difficulty in regenerating invoices post-set-up
- Limited access to account information
Recurly Pricing:
Core: Free of cost
Professional: Customized price
Elite: Customized price
Option 4: Maxio (ex. Chargify)
Maxio (ex.Chargify) is a wonderful Onebill alternative, thanks to its fantastic slew of features, which include:
- User-friendly interface
- Advanced features for better automation efficiency
- Real-time revenue recognition to gather insights
- Robust API to customize and integrate external platforms
- Flexible and scalable subscription management system
Benefits of Maxio
- Synchronized working of billing, dunning, and adjustment systems.
- Comprehensive and extremely useful analytical reports
Drawbacks of Maxio
- Some users encounter occasional bugs.
- Limitations for third-party integrations
- Limited beneficial features.
- Not cost-effective for certain businesses.
Maxio Pricing
Essentials: Annual payment of $599/month paid annually
Growth: Customized
Scale: Customized
Option 5: Chargebee Revenue Management Platform
As a Onebill alternative, Chargebee is the apt choice for subscription businesses across industry verticals. Whether you are a startup or an established firm, Chargebee is an excellent option with its user-friendly API and flexible billing systems.
Chargebee’s features include:
- Automation of recurring billing
- Simplification of subscription accounting
- Multiple customization options
- In-built support for tax management
- Advanced reporting features
- Dunning management capabilities
Pros of using Chargebee
- Helps establish scalable integration
- User-friendly platform
- Flexible customization options
- Reasonable pricing options
- Easy integration with other business systems
- Quicker response for billing concerns
- Easier collection of online payments
Cons of using Chargebee
- Limited features
- Limited support for all payment gateways
- Limited reporting capabilities
- Not suitable for complex billing models
Chargebee Pricing
Starter – Free of cost
Performance – $599 price per month
Enterprise – Custom pricing
Also Read: Comparing The Billing Solutions: Togai, Chargebee, and Zuora
Wrapping Up
In summary, while Onebill stands out as a top-tier subscription management tool, its competitors also boast impressive features. Opting for an alternative based on relevant metrics is crucial for achieving business success.
As you navigate the landscape of subscription management solutions, Togai emerges as a standout choice. Opting for Togai is a strategic move to enhance your subscription management, positioning your enterprise for success. Immerse yourself in our sandbox to experience the full range of Togai's capabilities, or Schedule a demo today to uncover how Togai can propel your business to new heights.
