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Build vs. buy: A subscription software checklist
Learn about key considerations in building and maintaining a subscription management and recurring billing platform, such as:
- A realistic timeline, resource demands and costs, integrations, and more
- Flexible account management, pricing, and billing infrastructure
- Partners in payments, security, compliance, revenue recognition, and more
- A comprehensive view of business and subscriber analytics
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Before you make the decision to build or outsource subscription and recurring billing capabilities, it’s important to consider how the solution will support your needs both now and as you scale. After reviewing this comprehensive checklist, you should be able to make an informed build versus buy decision for your business based on your answers to questions like:
- Can we effectively allocate limited engineering resources to foster product innovation while maintaining our legacy subscription management and recurring billing system?
- Do we have adequate resources to create a robust payments experience with leading payment partners while staying compliant with local and global regulations?
- Do we have the expertise to create a paramount subscriber experience that fosters loyalty?
- Can we efficiently handle all expenses, assets, and liabilities in our recurring revenue business model? Can we confidently manage revenue recognition and compliance management in all the areas our business operates?
- Can we streamline processes for compliance, customer support, and service delivery to minimize inefficiencies that can lead to increased costs and customer dissatisfaction?
To help you suss things out and gain confidence in your decision to build and maintain or buy, we've compiled a comprehensive guide with strategic areas to consider, including:
Building the right customer experience
Ensuring ironclad privacy, security, and compliance
Maintaining integrations and APIs
Gathering internal requirements
Sizing development and resources
Maintaining compliance with revenue recognition standards
Download our guide, Build vs. buy: A subscription software checklist, today to unlock insights and find guidance into this transformative business decision.
Andrei Rebrov realized building his own subscription billing software was out of the cards. Read about his tech-forward evaluation of options and why Recurly came out on top.
Learn how Recurly can automate and scale your subscription billing
