On February 1st, Chargify announced Elastic Billing to the world, the next generation of their platform. The concept of Elastic Billing acknowledges the reality that modern businesses are moving beyond one-size-fits-all subscriptions to create more personalized, ever-changing relationships with their customers. To learn more about this shift, check out this blog post: “Move Over Subscriptions. The Future Is Elastic And Built Around Relationships.”
In tangent to the Elastic Billing announcement, Chargify unveiled a new logo
, launched a new website
, and released a series of feature enhancements including: A complete overhaul of Invoices
to be more focused around relationships. Stacked Promotions
to enable more personalized pricing capabilities. Analytics filters
that includes Switch revenue to understand how revenue flows between plans, something that no other providers in the space offer.
Chris Cochran, Chargify’s CEO, was quoted in a TechCrunch article
saying that: “Subscriptions have given way to complex relationship pricing, often resulting in a unique price per customer that changes every month. Big companies have built custom software to meet this need. We built Elastic Billing so anyone could do it.”
Chargify has covered a lot of mileage during the first month of 2018 and continues to keep their foot on the throttle with an aggressive roadmap planned for the rest of the year. To learn how Chargify’s Elastic Billing can help give your business a competitive edge, schedule a call
with one of their Billing Experts.