What is Subscription Management (SaaS Management)?
The term Subscription Management (SaaS Management) refers to one of two things:
If you are a SaaS vendor – Subscription Management, or SaaS Management, is a term used for managing your customers subscriptions, plans and payments. Vendors like Chargebee, Chargify or Stripe offer the ability to store payment data and automate recurring billing, manage renewals, create custom pricing plans etc.
If you are not a SaaS vendor – Subscription Management, or Subscription Tracking, is a term used for tracking and managing SaaS and other subscriptions being used by your employees in their everyday work. Vendors like Substly offer the ability to get a clear overview of all services, users and spend. Find long forgotten subscriptions and uncover your real spend. Set alerts and get notified before renewals hit your credit card etc.