Zuora With Billing Service For Cloud Providers

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Posted on 23rd June 2010 by cloudhostingguy in Cloud Hosting

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Today, Zuora is announcing a subscription billing model for cloud computing, called Z-Commerce for the Cloud.  Zuora, a SaaS startup company that offers online services to manage and automate customer subscriptions and payments, and its impressive backing that are pretty cool if you ask me. The startup signed over $1 billion in contracted subscription revenue in the first quarter of its new fiscal year that ended late April.

Z-Commerce  for  the Cloud

The Zuora cloud billing platform aims to alleviate the need for online businesses to develop their own billing systems, especially to handle recurring payments like those associated with subscriptions.

Z-Billing and Z-Payments products make it fast and easy to launch new products, scale operations, and automate recurring billing and subscription payments in one solution.  Here are a couple functions:

  • Offers robust functionality to meter, price, and bill for customer usage
  • Is offered in four editions to suit every cloud business model
  • Manages the subscription lifecycle, including purchases, renewals, upgrades, and cancellations
  • Provides an interface that can be used by your sales and service reps, or self-service by your customers
  • Can be used to transact directly with your customers or offered as an “in-a-box” solution for your partners
  • Includes a Blueprint for the Cloud of best practice considerations when launching your cloud business.

With a multitude of pre-built cloud units of measure and integration with leading infrastructure vendors, Zuora meters and rates usage of any computing resource, tracking and charging for precisely what your customers use.
With over 20 new cloud pricing models and the ability to configure pricing and packaging rapidly, Zuora supports every cloud business model—from reservation and location-based pricing to free trials, upgrades, and sophisticated product bundles.
Z-Commerce for the Cloud automates the creation of detailed, line-item invoices for your customers as well as the processing of payments against them. Zuora also includes cloud-based metrics and reports, optimizing your business decision making.

Zuora will automatically create itemized invoices for your customers on a scheduled, recurring basis. In addition, Zuora tracks payments against those invoices, handling the complexities of credit balances, overpayments, failed payments, refunds, and chargebacks.

Interested in accelerating your path to the cloud? Download Zuora's  Blueprint for the Cloud >>

Four Editions
Z-Commerce for the Cloud is offered in four editions, tailored to address the four business models in the cloud:

Service  Provider - Offers service providers the fastest way to get to market,  with the flexibility to implement any number of usage-based pricing  models Embedded - Allows any service provider to offer Zuora as an  "in-a-box" service to any ISV or reseller partners who need  their own cloud commerce solution Marketplace - Allows cloud vendors to connect buyers and sellers of  cloud-based services in an "App Store"-like environment,  sharing in the revenues with the app providers Private Cloud - Provides an offering for enterprises standing up  private clouds, needing a solution to implement chargebacks for  transparency and cost allocation

For More Info Visit The Official Site of Zuora

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  1. Peter Matial says:

    This seems like a very easy way for a hosting provider to have a billing structure all set up.

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    23rd June 2010 at 4:00 pm

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