Pricing and Billing
Overview
4min
amberflo billing cloud amberflo billing cloud is a flexible, full featured solution designed to support modern billing models, including usage based pay as you go pricing hybrid billing that blends fixed and variable charges traditional subscription based monthly fees what sets amberflo apart is its modular architecture the rating engine is decoupled from the metering and usage pipeline, giving you unmatched flexibility to define and evolve pricing strategies this architecture allows you to create and manage highly customized pricing models apply different rates across customers based on usage, volume, or prepaid agreements as usage is recorded by amberflo’s metering service, charges are calculated dynamically based on your active pricing plan the platform generates a metered invoice that includes fixed charges, usage based charges, and any applicable discounts invoices can then be routed seamlessly to downstream systems such as stripe for payment processing and erp tools for accounting and revenue recognition overlap with stripe and other billing tools one important thing to note using amberflo for billing and invoicing means that you do not need an active account with stripe billing or stripe invoicing the only stripe product that is required is stripe payments for collecting and processing payments from your customers' payment method of choice stripe billing includes a monthly charge of 0 5% of the amount invoiced stripe invoicing includes a monthly charge of 0 4% of the amount invoiced for each invoice always verify with stripe as their prices are subject to change source stripe pricing amberflo billing cloud features design and implement flexible, multi dimensional pricing plans easily create custom pricing plans tailored to your product portfolio, enhancing customer satisfaction full featured usage based pricing and billing service designed from the ground up to work with metered usage data and pricing dimensions for real time, on demand, metered invoicing and billing pricing plan management pricing plan versioning manage the full lifecycle of pricing plans, including creation, migration, deprecation, and customer association discounts seamlessly build and operationalize discounts across various pricing models credits & currency create custom currencies (e g , credits) allowing customers to prepay and draw down against usage billing and invoicing on demand invoice and bill creation provide real time, on demand usage and bill generation to enhance customer experience accurate usage reporting leverage our pricing and billing service atop the cloud metering service to ensure precise bill generation and eliminate remediation issues analytics and insights revenue explorer monitor revenue by meter, customer, and plan in real time as it accrues price modeling test different pricing scenarios to determine the most profitable strategies for your business integrations and compliance payment integrations utilize out of the box integration with stripe payments to enable payment options on metered invoices audit trails maintain a comprehensive audit trail of the usage data pipeline from metering to billing