How to manage #saas subscription billing using Servicebot #open-source
▻https://hackernoon.com/how-to-manage-saas-subscription-billing-using-servicebot-open-source-490
In this article I will explain how to use Servicebot, an open-source platform for automating SaaS billing. Servicebot is designed to be the billing engine enabling businesses to sell software as a service.Servicebot Manages the Subscription LifecycleBeing able to manage the subscription lifecycle is paramount to selling a SaaS. This means having automated processes which react to specific billing events, such as subscribing or cancelling a service. Typically, subscription billing is made up of the following events:Subscribe — A new customer signs up for your service.Trial Expiration — The free trial period expires and the customer is billed or access is restricted to the app.Upgrade/Downgrade — The customer changes their subscription to a differently priced tier of service. For example, upgrading (...)