The Evolution of Variable Pricing Models & Revenue Management with Apurv Bansal - Founder and CEO Zenskar episode artwork

EPISODE · Nov 20, 2024 · 30 MIN

The Evolution of Variable Pricing Models & Revenue Management with Apurv Bansal - Founder and CEO Zenskar

from AI to ROI (fka Metrics that Measure Up)

As SaaS pricing evolves to be more variable in nature, such as in Usage-Based Pricing or Value-Based Pricing the requirements for a more flexible billing platform that also enhances the customer experience and also becomes a foundational component of financial reporting.Apurv Bansal, founder at Zenskar is converting that evolving need into a next generation billing platform. During this conversation with Apurv, our host Ray Rike covers the following topics with Apurv:The evolving nature of Usage-Based pricing and its Impact on Billing Software RequirementsThe role of customer experience in billing -Revenue Management - beyond manual processes and platformsRevenue Operations - The impact of Billing PlatformsRecent benchmarking research indicates that over 50% of B2B SaaS companies are leveraging some level of variable pricing, such as Usage-Based Pricing and Value-Based Pricing. If a company's billing is not based upon a flat-rate subscription model, such as a "seat-based" model, the vendor knows the # users BEFORE the next months or years invoice is being calculated - because it is based upon the contact.In a Usage-Based Pricing model - the number of units required to create the bill/invoice needs to come from both the agreement and the "store of usage". This adds a significant level of nuance and complexity to the next generation of SaaS billing.When monthly invoicing is highly variable and dependent the latest usage - not only is calculating the monthly charges become more complex - the customer now needs a more detailed "customer usage report", which may also may need to be provided by user, by system or by whatever triggers a usage based trigger leading to a charge.If you are currently using or considering introducing a highly variable pricing model, and are considering both the infrastructure and the customer experience resulting from monthly invoices which vary materially based upon usage - this conversation is a highly informative and educational on the evolution of pricing models and the resultant billing technology required.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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As SaaS pricing evolves to be more variable in nature, such as in Usage-Based Pricing or Value-Based Pricing the requirements for a more flexible billing platform that also enhances the customer experience and also becomes a foundational component of financial reporting. Apurv Bansal, founder at Zenskar is converting that evolving need into a next generation billing platform

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The Evolution of Variable Pricing Models & Revenue Management with Apurv Bansal - Founder and CEO Zenskar

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This episode was published on November 20, 2024.

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