05/20/2008

Zuora Inc. announced the general availability of its first product, Z-Billing. Z-Billing is a scalable platform that integrates with the company infrastructure and works with subscription businesses of all sizes.

ebizQ received the following:

“The world is moving from products to services, but subscription businesses don’t yet have the right tools to support their complex needs,” said Tien Tzuo, CEO of Zuora, Inc. “The vision of Zuora is to enable subscription businesses of all sizes to spend less time on operations, and more time growing their business.”

Z-Billing is the first application of its kind for subscription businesses that is built as an on-demand model, putting control and flexibility in the hands of the end user. It allows both business-to-business and business-to-consumer companies to quickly launch new products and pricing options, scale operations, and have one central location for all of their transaction data. The user interface of Z-Billing is simple to learn and can be customized per each client’s individual needs and preferences. Z-Billing is also designed to work seamlessly with the most popular CRM and accounting systems, so users can get started quickly.

“Z-Billing was created by executives who know firsthand what it takes to run a successful subscription business,” said Mark Resnick, chief financial officer of Coremetrics, one of Zuora’s first customers. “There are a lot of pains that come with trying to manage an on-demand model, and Zuora finally gives us an application that addresses these pains head-on. Z-Billing is the first application we’ve used that easily automates all of our processes into one highly functional system, saving us time and money.”

Designed Specifically for Subscription Businesses

The Z-Billing platform gives subscription companies of all sizes the ability to customize and scale operations to their needs. Z-Billing key features include:

Full pricing and packaging flexibility for any charge model – This includes one-time, recurring, usage, metering and volume tier pricing.

Scalable for all sizes of business – Z-Billing provides high-growth companies with a solution that handles invoices, order changes and billing disputes for thousands, tens of thousands and millions of customers.

A single system for all subscriptions, billing and account management – Companies have a single source for data about customers, orders, bookings, revenues, renewal rates and other key metrics important to subscription businesses.

Integrated with popular CRM and accounting packages – Z-Billing is integrated with a company’s CRM and accounting system, delivering a seamless quote-to-cash process that works for a recurring subscription model.