Zuora doesn’t just solve point problems in the subscription business model, it provides a suite of applications to “launch, monetize, and manage the entire order-to-revenue process on a single platform.” Much like many other leading SaaS and cloud providers, Zuora is seeking to achieve exponential growth by encouraging a community of third party developers to build on its platform. Zuora wants to be the “connective tissue between your CRM, ERP, and entire IT architecture.”
- Application Suite – Zuora offers four primary applications. Billing automates recurring invoices with real-time taxation. RevPro helps comply with the new revenue recognition accounting standards. CPQ to configure, price, and quote subscription packages. Collections to automate dunning workflow to minimize churn.
- Central Developer Platform – Third parties can extend and integrate with the Zuora platform with a set of APIs to query data, build workflows, monitor events, and send notifications.
- Zuora Marketplace – Pre-built tools, utilities, applications and integrations across a wide range of categories including billing, payments, finance, products, collections, customers, and analytics.
