Chief Revenue Officer

CRO: Be a Well Prepared Chief Rainy Day Officer

Build predictable, long-term revenue streams with a strategic billing solution

As an innovative chief revenue officer in today’s subscription-based economy, you need a billing system that can provide your company with a strategic advantage. However, legacy billing system simply weren’t designed for today’s recurring revenue challenges. Traditional approaches make it difficult to maintain customer satisfaction and long-term revenue streams. That’s why you need a strategic subscription management solution that will help you:

  • Maximize average customer lifetime value (ACLV)
  • Retain subscribers longer with advanced technology that reduces customer churn by as much as 30%
  • Increase top-line recurring revenue by as much as 5% or more
  • Accept the broadest range of payment methods, including credit cards, debit cards, ACH, Amazon Payments, PayPal, ELV, direct debits, mobile payments, and many other popular regional methods

Strategic billing solutions

Vindicia® CashBox® is our strategic subscription billing and recurring payment platform that offers unmatched marketing and billing functionality to optimize customer retention, enhance acquisition rates, and minimize operational overhead. CashBox provides options for subscription lifetime, pay-per-use, add-ons, multiple invoicing choices, payment aggregation, virtual currency support, and a full range of subscription payment strategies and payment types. And thanks to our robust analytics capabilities, you can take fully take advantage of the information gained through transactional and behavioral monitoring of high-revenue subscribers.

If your company already has an efficient, strategic billing system in place, Vindicia Select™ is the perfect SaaS-based companion, increasing subscriber retention and driving higher revenue and ACLV. Using our non-invasive advanced retention technology, Vindicia Select dramatically reduces the churn caused by failed payment transactions.

The new revenue recognition standards

The new ASC 606 / IFRS 15 revenue recognition standards from the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have introduced changes to revenue recognition procedures. We have integrated our solution with Softrax, the industry leader in revenue management software. The inclusion of Softrax’s automated revenue recognition software into our platform enables our clients to fully comply with new requirements, while simplifying ongoing financial compliance and reporting. 

For more information on ASC-606 / IFRS 15, read the new white paper from the financial experts at Proformative. And view our revenue recognition infographic.

subscription people

Forrester TEI Study

Read the Forrester study on recovering failed payment transactions: "The Total Economic Impact of Vindicia Select."

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Revenue Recognition

New white paper: "Understanding the New Revenue Recognition Accounting Standard."

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