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Paddle is one of 42 notable vendors included in “The SaaS Recurring Billing Solutions Landscape, Q1 2023” report.
London, January 20, 2023 /PR Newswire/ — paddlePayments infrastructure provider for B2B SaaS companies is listed by Forrester as one of 42 notable SaaS recurring billing vendors. According to Forrester’s report, The SaaS Recurring Billing Solutions Landscape, Q1 2023, SaaS recurring billing solutions can help businesses better manage their billing models and provide insights into their recurring customers and revenue.
For this report, Forrester defines a SaaS recurring billing solution as: update or upgrade. ”
Paddle was included in Forrester’s overview along with 41 other vendors to help businesses understand the value they can expect from a SaaS recurring billing vendor, learn the differences between them, and choose one based on size and market focus helps.
The report pointed out that the paddle was between $25 million When $50 million A SaaS product revenue in public cloud service, the three self-reported use cases for Paddle’s customers are recurring payment optimization, improved revenue recognition and subledger reporting, and self-service or CSR/sales order entry. Portal.
Christian OwensPaddle CEO and co-founder said:Paddle’s platform is designed to “do it for you,” so you can focus on what really matters: building great products, without the operational and financial hurdles. We are pleased to be featured in this report and recognized by Forrester as a Vendor to Watch for SaaS Recurring Billing Solutions. This aligns with our mission to drive revenue for software distributors, provide superior customer insights and enable them to expand their business globally. ”
Paddle delivers value to thousands of software companies each year by removing barriers to global growth and helping them enter new markets faster and without distractions. Instead of customers assembling, maintaining, securing, and constantly updating complex payment and billing stacks made up of dozens of tools and technologies, Paddle handles everything from payments and billing to tax collection and fraud prevention. to hold.Raised last year $200 million We also acquired US company ProfitWell, continuing our mission to accelerate the global growth of SaaS companies.
About the paddle:
Paddle, a payments infrastructure provider for B2B SaaS companies, drives megascale growth through acquisitions, renewals and expansions. With Paddle, businesses can finally transform their payments infrastructure into a strategic growth lever, allowing them to respond more quickly and accurately to any growth opportunity. Paddle said he will acquire ProfitWell in 2022. It offers an industry-standard her BI solution that automatically improves retention and monetization through unmatched subscription intelligence.
Paddle has 300 employees and serves over 3,000 software distributors in 245 countries and territories worldwide. Backed by investors including KKR, FTV Capital, Kindred, Notion and 83North, Paddle aims to define the next wave of his B2B SaaS leaders.visit www.paddle.com Also www.twitter.com/PaddleHQ for more information.
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