With subscriptions running the world, registering the highest profits, and becoming a household business model, it seems fair to question the origins of the subscription billing software. Would it be better for your business to invest in a billing solution or build your recurring billing system?
This is one debate that keeps on reappearing without ever being solved. The current circumstances complicate matters a bit. With higher inflation levels and the subscription market more challenging and crowded, businesses must struggle to ensure their service stands out. So no longer is the investment cost the primary argument in this debate, but rather a combination between this and the fundamental components that can turn any subscription into a unique business.
Opportunity costs, implementation times, and in-house resources are some elements currently dominating the build vs. buy debate. Business needs and market expectations have overly complicated this discussion, making it difficult for businesses to make decisions.
So, let us dive into this discussion and analyze what kind of billing solution would best suit your needs.