Company Information
HQ
Ottawa, Ontario
Founded
2011
Market
Agile Billing
Solution
Stax Bill
Representative
Customers
Johnson Controls, Vendasta, LoopIO
Ideal Customer
Profile
North America-based B2B (and sophisticated B2C) orgs with digital or hybrid (digital/physical) business model and sophisticated requirements to manage recurring and usage revenue processing in the range of $5M – $75M. It is a good fit for companies that have outgrown the basic capabilities of Stripe Billing.
Company Size
The solution is a fit for organizations with $5M – $75M in yearly revenues.
Business Model
Technology Ecosystem(s)
Stax Bill runs on Amazon Web Services (AWS).
Primary Users
Business
Finance
Operations
Marketing
IT
Sales
Services
Developers
The main users of this product include business and finance teams.
Investment Level
This solution is relatively inexpensive to set up and maintain.
Agility
This is a very agile solution. The product requires little to no implementation resources and can be maintained by a business user.
Complexity
Stax Bill is best suited for use case requirements and business models with little to low complexity.
Geographies
North America
Latin America
EU
ME
Africa
Japan
Asia
Australia /NZ
Customers in the US and Canada are ideally suited.
Sales Channels
Direct
Online
Indirect
The solution supports direct and online sales motions.
Top 3 Verticals
Software
Early stage software companies are a good fit for this product.
Media & Entertainment
Suited for media companies with subscription billing needs.
Technology
Small to midmarket tech companies with recurring or usage based billing requirements.
Analyst Notes
Stax Bill (formerly Fusebill) provides a cloud-based billing solution to small, mid-market B2B companies predominately in technology and media.
The ideal customer is looking for an all-in-one billing and payments platform that can handle more complex subscription requirements such as a customer hierarchy, a more robust product catalog, a self-service portal, and integrated revenue recognition.
The product requires little in a way of IT implementation resource and offers an attractive total cost of ownership. The company has managed to transition through its sale to Stax Payments without losing its focus.
