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Chargify (Maxio)

Recurring billing and subscription management for B2B SaaS

Finance & AccountingBilling & Subscriptions

What Chargify (Maxio) does

Chargify (now part of Maxio) is a billing platform focused on handling recurring revenue for B2B SaaS companies. It provides automated tools for managing subscription lifecycles, invoicing, and payment processing, aiming to address the specific needs of subscription-model businesses. The platform sits within the broader accounting software space and is designed to fit companies needing granular control over billing as they scale.

Chargify is typically run as a cloud-based service and aims to support complex billing scenarios such as usage-based pricing, dunning management, and reporting. Its target market is B2B software providers that require reliability and flexibility in managing customer subscriptions and revenue streams.

What sets it apart

Built around recurring billing and complex subscription logic for B2B SaaS.

Key features

  • Recurring billing automation
  • Subscription lifecycle management
  • Payment processing support
  • Flexible invoicing options
  • Dunning and collections
  • Revenue analytics

What teams use it for

  • Manage multiple subscription plans
  • Automate invoicing for recurring customers
  • Handle usage-based billing structures
  • Run revenue recognition reports

Pros

  • +Designed for SaaS-specific billing complexities
  • +Supports a wide range of billing models
  • +Automates dunning to reduce churn

Cons

  • Can be complex to configure for simple use cases
  • Primarily suited to subscription businesses
  • Learning curve for non-SaaS organisations

Our verdict

A solid choice for SaaS businesses that need recurring billing and subscription management. Companies with very simple billing needs or those outside the subscription model may find it more than required.

Frequently asked questions

Does Chargify (Maxio) support usage-based or metered billing?+

Yes, it is designed to handle usage-based and complex subscription billing models.

How does this handle failed payments and dunning?+

Chargify automates the dunning process to help recover failed payments and reduce subscriber churn.

Where can I check pricing and plan options?+

Official pricing details can be found on the Maxio website's pricing page.

Is there an API for integrating billing workflows?+

Yes, Chargify provides an API for connecting billing functions to your existing systems.

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