Avangate, the modern Digital Commerce solution provider whose services are trusted by many Software, SaaS, and Online Services companies to help grow their business on a global scale, announced recently over 150 upgrades to its Avangate Digital Commerce platform.
Some of the new features are aimed specifically at simplifying customer acquisition, increasing revenue uplift and conversions, thus driving recurring revenue globally.
“We are increasingly moving beyond the single purchase to literally hundreds of revenue moments, whether accepting a trial, first usage bill, or for a call to the service center,” commented Michael Ni, CMO and SVP of Products at Avangate. “For the rapidly growing digital goods, software and services vendors, an estimated 10-20 percent of potential revenue is leaked across these revenue moments creating a major ROI problem. This Fall release is focused on helping customers convert revenue leakage to revenue uplift.”
With Avangate’s Digital Commerce platform, businesses are able to sell directly to customers via online channels, where typically traditional sales tactics are pricey and slow.
“Avangate has enabled us to take some major leaps forward regarding business optimization, integration with third-party applications, new online sales channels and improving commerce KPIs. We’ve seen a revenue uplift of more than 30 percent and we have more projects lined up that will support our growth further and improve customer experience through frictionless selling,” said Angel Brown, Director, Product Marketing, FineReader LOB, ABBYY NAHQ.
The release allows Software, SaaS, and Online Services providers to simplify assisted sales, retain more subscription revenue, accept more global payments, segment and optimize sales, and embed subscription commerce into customer experience.