In 2015, Zoom implemented Zuora in just four months. Since that time, they’ve experienced exponential growth and received numerous industry kudos alongside an additional huge funding round from Sequoia that places Zoom at a $1B valuation. In short, Zuora is supporting Zoom’s growth by providing:.
A inquiry we ran across in our research was “Why choose Zuora over Microsoft Word for Zoom?”.
Before Zuora, Zoom had no standardized quoting solution, relying instead on inefficient MS Word docs and spreadsheets. “Zoom has experienced triple-digit Yo. Y revenue growth over the past several years. We needed a solution that could help us scale our entire business operations and deliver a personalized experience to our valued customers.
To work with mid-market and enterprise customers, they needed more: more customization, more reporting, different plans, easy discounting. And big logos had unique requirements which Zoom’s former billing system couldn’t support. So they went looking for a platform solution to help them mature as a company.
What is Zuora?
Zuora creates cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business. Zuora is the only technology solutions provider that offers complete Order-to-Revenue capabilities for modern businesses.
Today Zuora announced a co-marketing partnership with Time Inc.’s TCS, the global leader in subscription… Zuora CEO Tien Tzuo, the foremost expert on the Subscription Economy weighs in on the week’s most important business news. Thanks for signing up! Must-read articles and key resources.
What is zuora billing?
Zuora Billing is the world’s first recurring billing system software designed for subscription businesses. It doesn’t matter if you are a small company just starting with a subscription model, or a multi-national enterprise with hundreds of products with complex recurring and usage-based pricing.
How can Zuora help your business grow?
To sustain growth as they expand their business to multiple product lines, multiple geographies, and through multiple channels. The Zuora platform supports Zoom’s multiple growth initiatives and provides the operational backbone they need. In 2016, Zoom announced 215% Yo. Y growth in usage. By 2017 650,000 businesses were on Zoom.
Also, what is the Zuora subscription economy®?
My best answer was they called this the Subscription Economy. Since then, Zuora has become the leading Subscription Economy® evangelist, providing the only Saa. S platform that automates all subscription order-to-revenue operations in real-time for any business .
When we were writing we ran into the query “Why choose Zuora Billing for your subscription business?”.
We discovered because Zuora Billing provides a single source for all customer subscription data, your subscription business can grow in scale with each new customer. The following features are introduced in this section: What’s Next?
What is order-to-revenue Zuora?
Zuora is the only technology solutions provider that offers complete Order-to-Revenue capabilities for modern businesses. Now, you can manage quotes, orders, billing, and revenue recognition for the entire customer lifecycle on a single platform.
Zuora requires two types of contacts to be associated with an account: bill-to contact and sold-to contact. Bill-to contact determines where the invoice should be delivered, whereas sold-to contact determines how taxes are calculated. If the invoice delivery preference is email, the bill-to contact must contain an email address.