Value-based pricing formula explained (with free worksheet)
Alvaro MoralesAfter extensive testing and analysis, we've found the top recurring billing software platforms that offer features like usage-based billing, subscription management, and invoicing. Our guide provides an in-depth look at each solution, helping you make an educated decision.
Recurring billing software automates the process of sending invoices and collecting payments on a recurring schedule. For SaaS companies, a recurring billing platform simplifies subscription management and recurring revenue reporting.
The best recurring billing solutions also support SaaS subscription billing, usage tracking, dunning management, and customer self-service. These tools make recurring revenue management software operations for growing SaaS businesses much easier.
Orb provides real-time usage-based billing, tracking consumption at the event level, and automating accurate invoicing.
SaaS companies with complex usage-based pricing models or hybrid subscriptions. Testing showed that Orb is the only recurring billing platform purpose-built for usage billing at scale.
Unlike subscription-focused competitors like Chargebee and Recurly, Orb is architected for real-time metering, dynamic pricing, and high-volume event processing. Competitors support basic usage add-ons but lack true usage-based billing and revenue modeling.
Orb’s pricing is custom, depending on capabilities needed. Tailored plans ensure flexibility for SaaS companies of all sizes.
If your SaaS product is usage-based, Orb is the best recurring billing software available today. Its real-time billing capabilities and usage-focused features outperform competitors built for flat-rate plans.
Chargebee automates SaaS subscription billing, managing plans, renewals, and recurring invoicing.
SaaS companies with flat-rate or tiered plans that need a plug-and-play recurring billing platform. In our testing, Chargebee stood out for ease of use and strong integrations. Chargebee supports only basic usage tracking and lacks true metering capabilities.
Chargebee offers a free plan for startups billing under $250K annually.
Chargebee is a top recurring revenue software choice for flat-rate SaaS subscription billing, but SaaS teams needing advanced usage billing should look to Orb.
Recurly automates subscription billing while focusing on customer retention and dunning optimization.
It’s best for SaaS businesses that prioritize reducing churn over complex billing customization. Recurly delivers solid dunning tools and analytics. Recurly lacks native support for complex, real-time usage billing and requires external usage calculation.
Starts at $249/month for the Core plan.
Recurly is a great recurring billing platform for SaaS companies focused on retention, but lacks the usage billing depth of Orb.
Zoho Billing automates recurring invoices, payments, and subscription plans, built to integrate with the Zoho ecosystem.
Startups and SMB SaaS businesses already using Zoho CRM, Books, or Analytics. Zoho Billing is a cost-effective subscription billing platform for small teams, but it doesn’t offer native usage tracking, limiting flexibility.
Starts at $25/month for the Basic plan. Standard and Premium plans increase limits on invoices and payment gateways.
Zoho Billing is ideal for small SaaS businesses using Zoho tools, but SaaS teams needing advanced recurring revenue management software should look at Orb.
Square Subscriptions manages recurring payments for SaaS companies that also sell in-person or through Square’s point-of-sale (POS) system.
This one suits small businesses or hybrid SaaS companies combining physical sales with subscriptions. In testing, Square Subscriptions worked well for simple recurring billing needs.
Square Subscriptions lacks the advanced usage-based billing features that define the best recurring billing software for SaaS companies we’ve mentioned before.
Starts at $0/month. Square charges only payment processing fees:
Square Subscriptions is ideal for SMBs combining retail and SaaS billing. But for SaaS-only businesses needing usage billing, Orb remains the best recurring billing software.
BillingPlatform handles advanced recurring billing and revenue management for enterprise SaaS businesses with highly customized pricing models.
It’s ideal for enterprises managing intricate billing rules, integrations, and reporting across global operations. BillingPlatform is one of the best SaaS billing software options for enterprises needing extreme flexibility, but it lacks Orb’s real-time usage tracking built for SaaS product teams.
BillingPlatform pricing is custom, based on business size and configuration complexity.
BillingPlatform is a top contender for complex enterprise billing, but lacks the SaaS focus of platforms like Orb.
Service Provider Pro simplifies recurring billing, client management, and white-labeled portals for agencies and service providers.
SaaS-enabled service businesses and agencies offering monthly plans. Agencies offering SaaS subscriptions can use Service Provider Pro but will need external tools for usage metering and real-time billing.
Starts at $99/month for the Basic plan. Premium plans unlock white-label branding and API access.
Service Provider Pro is the best subscription billing software for agencies bundling SaaS products with services. For SaaS teams focused on product usage billing, Orb is still the best recurring billing software.
ChargeOver automates recurring invoicing and payment collections, offering flexible APIs for SaaS billing automation.
SaaS companies wanting to embed billing workflows into their product without building from scratch. In testing, ChargeOver offered great API depth but lacked advanced real-time usage metering. SaaS teams use it for flat-rate or simple tiered billing.
Starts at $229/month, scaling with invoice volume and feature usage.
ChargeOver is a strong fit for SaaS teams building custom billing flows, but SaaS products needing usage-based pricing should choose Orb.
Maxio automates recurring billing, revenue recognition, and compliance reporting for SaaS finance teams.
It’s great for SaaS companies needing detailed revenue management alongside billing. Maxio has evolved into a revenue operations platform. However, Maxio doesn’t offer a real-time usage-based billing engine; it supports basic usage metrics but lacks event-level billing.
Maxio offers custom pricing based on billing volume and revenue management needs.
Maxio is the best billing system for SaaS finance teams needing revenue recognition, but SaaS product teams needing usage-based billing should use Orb.
Billsby simplifies recurring billing and subscription management for SaaS startups and small teams.
It’s good for SaaS companies looking for a fast, plug-and-play billing setup with simple plan management. Billsby offers rapid setup but has no native usage billing engine.
Billsby offers a free plan, and tiered prices start at $45/month for limited features.
Billsby is one of the best subscription billing software options for SaaS startups needing simplicity. But for usage-based billing, there are many better options.
PayWhirl lets SaaS companies embed recurring billing and checkout flows directly into their apps and websites.
SaaS startups and mid-market teams wanting fast recurring billing integration without building from scratch.
PayWhirl excels at embeddable recurring billing solutions but lacks advanced usage-based billing. The thing is that PayWhirl offers basic recurring invoicing, but no event-based billing capabilities.
There’s a free starter plan and paid tiers start at $49/month, with extra charges based on transaction volume.
PayWhirl is ideal for SaaS teams needing embedded billing fast. But for the best recurring billing software with usage-based pricing, Orb is the top choice.
Younium is a recurring billing platform focused on subscription management and revenue analytics for mid-sized SaaS companies.
SaaS teams needing better visibility into MRR, churn, and subscription revenue. Younium offers advanced analytics but lacks Orb’s native metering for product-led usage billing.
Younium offers custom pricing based on your billing and analytics needs.
Younium is one of the best SaaS billing software options for revenue analytics, but SaaS product teams needing usage-based billing will prefer Orb.
Stax Bill (formerly Fusebill) automates recurring billing and payment processing in one platform.
SaaS companies wanting an all-in-one billing and payments stack. Stax Bill simplifies SaaS billing and payments. The issue is that it isn’t built for true usage-based billing; it focuses on subscription management mostly.
Growth plan starting at $499/month + transaction fees, with enterprise pricing for larger SaaS teams.
Stax Bill is a good billing and payments combo for small SaaS companies. But for usage-based pricing, Orb remains the best option.
Here are the criteria we followed and what we looked for in the solutions:
We tested these platforms across SaaS use cases, ranging from flat-rate billing for startups to usage-based billing for developer platforms. Testing included real-world billing setup, API usage, and invoicing workflows.
For most SaaS companies, usage-based billing is the future. After testing 13 platforms, Orb is the best recurring billing software for SaaS businesses that want real-time metering and advanced billing models.
Based on testing, Orb is the best recurring billing software for SaaS companies prioritizing usage-based billing and scalability. Its pricing flexibility outperforms other platforms in this category. Many companies looking for the best subscription billing platform that scales well choose Orb.
Orb is the done-for-you billing platform that gives SaaS teams real-time usage tracking, flexible pricing models, and accurate invoicing, and data-driven forecasting with Orb Simulations. This provides you with the full monetization stack needed to manage recurring revenue at scale.
Get started today with Orb’s usage-based billing platform and automate your SaaS subscription billing the right way. Explore Orb’s pricing tiers and find a plan that fits your business needs.
The best subscription billing software for B2B SaaS is Orb because it supports complex pricing models, real-time usage billing, and enterprise-grade invoicing. SaaS businesses with hybrid subscription and usage plans benefit from Orb’s scalability and transparency.
Orb is the leading usage-based billing software for B2B SaaS. It excels at real-time usage metering and automated, accurate invoicing. However, smaller SaaS companies with only flat-rate plans might find simpler tools like Chargebee easier to deploy.
Orb provides the best real-time billing for subscription services, allowing customers to preview their upcoming bill as usage occurs and companies to set thresholds for when customers should be automatically invoiced.
Chargebee simplifies recurring electronic invoicing for flat-rate SaaS plans. For usage-based SaaS billing, Orb automates recurring invoices with transparent usage breakdowns.
Yes. Billing can be automated using recurring billing platforms like Orb for usage-based billing or Chargebee for flat-rate subscriptions. Automation reduces manual invoicing and improves revenue accuracy.
See how AI companies are removing the friction from invoicing, billing and revenue.