Introduce Usage-Based Pricing
Many companies choose usage-based or hybrid pricing models to enable organic account growth. This isn't just about billing; it's a strategic move that allows product, finance, and sales to unlock insights into consumption patterns and drive financial efficiency like never before.
Implement Usage-Based Billing
With OpenMeter's native Stripe integration, you can quickly implement usage-based pricing for AI, API, and infrastructure consumptions like logs, Kubernetes, S3, and databases. We eliminate the heavy lifting required to synchronize usage from external systems to Stripe billing reliably.
Add Real-Time Customer Dashboards to Your App
A tight feedback loop between customers interacting with your product and the usage reflected on their billing and usage dashboard is essential for controlling spending. The lack of instant usage feedback can lead to unexpected customer costs, overspending, and, eventually, churn. This is particularly critical in sectors like automation, AI, and APIs, where unforeseen software issues on the user's end can rapidly escalate usage and costs.
Actionable Insights for Sales and RevOps
Sales and customer success teams must understand usage patterns well when revenue is strongly coupled with consumption, like usage-based pricing models. For example, in the early stages of the customer lifecycle, sales teams face the unique challenge of quoting new users for annual contracts based on minimal usage history. This requires a delicate balance of predictive analytics and an intuitive understanding of potential usage patterns.
“Consumption based SaaS revenue modeling (usage-based pricing) is a multi-disciplinary problem. It sits at the intersection of tech, process and organizational challenges; from real-time data computation, plug-and-play pricing policies, to orchestrating seamless workflows across multiple functions like Finance, Sales, Revenue Ops, Data & Platform engineering teams. OpenMeter seamlessly solves these needs. It enables Billing platform teams to surface the right strategic trends for the business, feeding into existing Land or Expand motions, highlighting Churn concerns and ultimately empowering an Executive team to adopt a users’ first approach to achieving business goals.”
Start metering usage in minutes
Simple, Transparent pricing.You are in control. Self-service signup and subscription management via Stripe. No hidden fees.