d testing and many more, since past many years. Not only processes are automated business solutions are also automated. Cloud automation has evolved and now a more sophisticated form of applying automation into business processes is “automated billing”. If you own a SaaS business, you must be very well aware of how billing can have an effect on the progress of SaaS business.  A SaaS – friendly billing system makes subscriptions easier to handle. Cloud services are cheaper and also scalable. Hence it suits cloud providers and their requirements

Making revenue out of services is crucial for cloud providers. Automated billing can help the company save time of a good many hours that is generally spent, rather wasted, on manual billing. Furthermore, many other options like offering discounts, collecting business insights, error handling, reporting etc. are performed with just few clicks. Let’s have a look at these features and a few more in the following text.

Faster Time to Market

A ready-to-go system saves much time which you can utilize in going to market faster and starting the profits and revenue flowing in.

Improved Security

SaaS business subscriptions based billing systems take security to a next level and consider it the top notch requirement for the system.

Flexible Billing Options

SaaS friendly automated billing systems are optimized to meet the billing requirements of a variety of customers. Flexible billing cycle’s optimized combinations make it easier to charge customers as per their ease.

Offering Discounts

Automated billing modules come in handy when your business is offering discounts. In such a system, it is easy to set up offers and process them.

Collecting Business Insights

A billing system that is recurring have much more capabilities that manual billing cannot accomplish quickly. These include reports regarding revenue by plan, revenue by cycle, credit card decline rates, customer lifetime value, cohort analysis, monthly recurring revenue (MRR).

Error Handling

The best thing about automation is that the financial operations are free from human error. This is particularly important in subscription based businesses like a SaaS business. Customers can be informed automatically through the system in case of any fails in subscriptions.

Reduced Startup Costs

For new business in market, keeping a decent automated billing system in place reduces the additional costs required to setup the company.

PCI Compliance

Generally using an automated billing system means that it adheres to Level 1 PCI requirements. Even small companies who have started their SaaS business can comply with these requirements which are otherwise very difficult to achieve.

A Structured Approach

This approach also offers a structure towards the financial operations like by taking a more robust approach. These offerings include billing cycle intervals, optional items, subscription plans, metered or tiered billing, free trials auto-renew subscriptions.

Keeping Track of Transactions

It is important to keep track of customers’ transactions in the past. This can be fruitful once you offer them support at any issue. With an automated billing system at hand, you can simply review

MachPanel and Automated Billing

MachPanel is the industry’s trusted Multi-Cloud Operations Management and Orchestration Solutions Platform. Out of many automation modules that MachPanel offers, there is one that save you time and much effort which is automated billing. With recurring subscriptions and the feature of comprehensive reporting, the automation control panel makes management of business oriented work quite easy as compared to conventional methods. Providers get the benefit of focusing on the core tasks rather than indulging themselves into the tedious tasks related to billing and reporting.

Now you know about automated billing, it is high time that you grab the opportunity of implementing this basic requirement within your cloud business and avail many other features of MachPanel.

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The post 10 ways Automated Billing can benefit your SaaS Business appeared first on MachSol Blog.

Cloud based software services have been cohesively integrated into major aspects of business and almost all aspects of professional life. Many companies and business tend to make cloud their top priority despite the choice of distributed computing for the manipulation of data keeping security as the most important aspect. It is necessary that the workforce shall now be trained so as to be beneficial alongside automation in future. This gives rise to the concept of Intelligent Cloud Automation. Where the services offered by cloud are made intelligent enough to compete for future tasks and cater the needs of the future in cloud industry.

Intelligent Automation for Cloud

The concept of Intelligent Automation for Cloud (IAC) has been little-known. Mostly CSPs are interested in developing and enhancing their services with upcoming needs of businesses. Cloud Providers seldom are concerned of the scalability of Cloud itself.  IAC is a cloud management platform that is especially designed for enterprise level companies and major public sector Information Technology Organizations that build and develop public clouds and hybrid clouds. The idea is to provide out-of-the-box capabilities to cloud vendors who further extend those capabilities to CSPs in order to meet the growing needs of businesses. In this way, CSPs are able to deploy their services that are not limited to basic IaaS.

Few of such functionalizes that are expected to enhance in future are:

1. Integrated Network Services Automation

It is highly effective in providing seamless management of virtual infrastructure and physical infrastructure as well. The resources of computing, storage and the network in the cloud are optimized so as to provide customers with better operational efficiency by combining built-in Infrastructure and third party infrastructure in their hybrid or private cloud deployment.

1. Application Stack Deployment

Application Stack Accelerator is a highly usable extension to the current IAC services. Using Application stack Deployment, blueprints of applications can be designed and delivered in an efficient manner that increase faster app deployment in the cloud. Using the blueprints, designs of the complete application can be ordered using a self-service portal.

1. Easy Addition of Cloud Accelerators

A major trend in data-centric approach is the scalability of cloud coverage. Using IAC, organizations can get services beyond IaaS, making them capable to achieve much more by delivering the services right when they are needed.

1. Financial and Portfolio Management

With this, the management of automated financial and the basic portfolio can be extended to multiple cloud environments. Using this, budgetary limits and pricing boundaries can be set beforehand, in order to avoid unexpected bills.

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MachPanel – the next stop in Intelligent Cloud Automation

MachPanel provides end-to-end business automation with its efficient hosting Control Panel capabilities. MachPanel provides SaaS and IaaS Orchestration. With MachPanel Automation Platform for Microsoft CSP, CSPs can ability automate and scale their Microsoft Cloud business. It is an excellent choice for multi-tiered services as it manages entire lifecycle of your business efficiently.  It offers an on-premise Hybrid Marketplace that caters the need of Intelligent Service delivery based on customer’s past choices. It enables the customers to perform third-party integrations quite smoothly. MachPanel is the best choice for CSPs today, in order to grow business for tomorrow.

The post Intelligent Cloud Automation: What To Expect In The Cloud Workspace appeared first on MachSol Blog.