AUSTIN, Texas , September 17, 2020 (Newswire.com) - Invoiced, the award-winning Accounts Receivable Automation platform and ChartMogul, the popular subscription data and analytics platform, today announced a new partnership and integration for bringing together the companies’ respectively category-leading solutions for SaaS businesses.
The new partnership provides a comprehensive and industry-first “subscription-to-cash” management and measurement capability that enables the two companies’ mutual SaaS customers to automate subscription billing, advanced collections workflows and payment acceptance via Invoiced, while populating and syncing subscription data with ChartMogul for advanced analytics.
While several pure play subscription billing systems can already be used in conjunction with ChartMogul, Invoiced is the only one that covers the complete A/R lifecycle including remittance based collections for credit sales, frequently used by SaaS businesses that sell to enterprises.
Key features and benefits of the integration include:
- Automatic upload and sync of billing and payment status data to ChartMogul
- Automatic segmentation of billing/payment data
- Sync of cancellation and other subscription-end data for measuring churn
The Invoiced platform includes a modern, frictionless customer payment portal that makes it easy for Invoiced clients to view and pay open invoices and balances, generate account statements, access receipts, manage payment methods and review active subscriptions and upcoming payments.
“As a SaaS company, we carefully evaluated the subscription analytics space and determined that ChartMogul was the best solution for our own internal needs,” said Jared King, co-founder and chief executive officer for Invoiced. “Since we have many SaaS clients who also sell to enterprises and have complex A/R and collections workflows that go far beyond AutoPay, we knew integrating with ChartMogul would be valuable for us as well as for our clients,” he added.
“Invoiced occupies a unique but important position within the billing and A/R automation technology landscape, helping a large and growing number of SaaS clients satisfy a complex array of A/R requirements,” said Nick Franklin, founder and chief executive officer for ChartMogul. “But those same clients with specialized subscription billing needs also need a first class subscription analytics solution to measure and guide their growth, so teaming up for this integration was a natural step,” he added.
The new integration is available today for any business with both an Invoiced and ChartMogul account. Invoiced offers a 14-day free trial at http://invoiced.com/signup. ChartMogul offers a free trial at https://app.chartmogul.com/sign_up/1.
SaaS company accounting and finance teams interested in this compelling new integration can request a demo at https://www.invoiced.com/schedule-demo.
Invoiced is an award-winning platform for helping businesses get paid faster, waste less time on collections and provide a better payment experience for customers. With thousands of customers in 92 countries and $50 billion in receivables processed, Invoiced is pioneering the field of accounts receivable automation. Based in Austin, Texas, Invoiced is the #1 rated A/R automation platform G2 and an official member of Forbes Finance Council. To learn more, visit invoiced.com.
ChartMogul is the world's first Subscription Data Platform and the market leader in subscription analytics -- our subscription analytics solution is used by thousands of businesses around the world. ChartMogul connects to billing systems like Stripe, Chargebee, Recurly, Zuora, Invoiced, PayPal and Braintree, to calculate subscription metrics such as MRR, Churn, LTV, etc., and render them in beautiful and intuitive dashboards. ChartMogul is backed by top SaaS investors and industry leaders such as Point 9 and Alven Capital, and has a globally distributed team of 45+ people.
Chief Marketing Officer for Invoiced