Chargebee is a recurring billing and subscription management software. It helps businesses automate the process of billing and collecting payments from customers on a recurring basis.
Here is a step-by-step guide on how Chargebee works:
- Sign up for a Chargebee account and create a new plan for your subscription-based product or service.
- Integrate Chargebee with your website or e-commerce platform. This allows customers to sign up for your plans and make payments directly through your website.
- Once a customer signs up for a plan, Chargebee will automatically generate an invoice and send it to the customer.
- Chargebee will then automatically process the payment and update the customer’s account balance accordingly.
- Chargebee will automatically generate and send invoices to customers on a recurring basis, based on the plan they have signed up for.
- Chargebee also allows you to set up different types of plans and pricing, such as free trials, discounts, and prorated charges.
- Chargebee also allows you to manage your subscriptions, customers, invoices, and revenue through an easy-to-use dashboard. You can also configure and send automatic email notifications, set up automatic dunning management and more.
- Chargebee will also handle the revenue recognition, subscriptions, and invoicing compliance with accounting standards.
- Chargebee integrates with a variety of payment gateways, including Stripe, PayPal, and Authorize.net, so you can easily accept payments from customers around the world.
- Chargebee also allows you to export data and reports to analyze the performance of your subscriptions, revenue and customer trends.
The process of integrating Chargebee with your website or e-commerce platform can vary depending on the platform you are using. But in general, it’s a straightforward process that can be done in a few steps.