The days of the flat-rate billing method are numbered. Consumers want flexibility and control over their purchases, and businesses are getting closer to providing that. But the way subscription billing is done needs to change too: it can be inefficient, difficult to track and manage, or even impossible for some companies. Here’s how subscription billing can make recognition easier.

The days of the flat-rate billing method are numbered

The days of the flat-rate billing method are numbered. Today’s customers want more value, better service, and convenience—and a subscription model is the answer. With subscriptions, you can increase your revenue by providing customers with what they want and when they want it without breaking their bank accounts. You can also provide them with better services that are personalized based on their needs and preferences and not on predetermined packages.

Recurring revenue models are becoming more popular

As the subscription model becomes …