Updates Around eCommerce Features, Payments, Subscription Management and Merchandising Boost Conversion and Retention Rates
ATLANTA, GA --(Marketwired - July 28, 2016) - Avangate, the modern digital commerce solution provider trusted by thousands of software, SaaS and online services companies to grow their businesses worldwide, today announced its 2016 Summer Release, unveiling new functionality around recurring revenue management. The latest capabilities help software, SaaS and online services vendors accelerate time-to-value across the entire subscription lifecycle and fine-tune their end-to-end monetization strategy. New payment methods and localized options, enhanced usage billing functionality, advanced subscription management as well as several refined eCommerce capabilities are part of over 400 feature updates from Avangate.
"We are continuing to see a strong uptake in software, SaaS and online services subscriptions: they account for 73% of all transactions going through the Avangate platform in the first part of 2016, compared to 55% only three years ago. With every release, we are bringing more enhancements to our award-winning subscription management and eCommerce platform, to ensure that our customers have the best tools available to increase acquisition, activation, and especially retention, increasing customer lifetime value," said Erich Litch, Avangate's Chief Revenue Officer. "The 2016 Summer Release brings innovation around payments and billing, as well as advanced merchandizing options that help our customers stay at the forefront of commerce."
Key features of the Avangate 2016 Summer release include:
More insight into preferred payment methods and shopper behavior around the world is captured into Avangate's most recent quarterly Digital Commerce Benchmark, Trends in Global Software, SaaS & Online Services Sales.
To learn more about the current Avangate Release, watch the release video and view the 2016 Summer Release page. To learn more about how Avangate can grow your software and SaaS sales, read an overview of the Avangate commerce solutions.
Avangate, a Francisco Partners portfolio company, is the digital commerce provider that enables the new services economy, helping Software, SaaS and Online Services companies to sell their products and services via multiple channels, to acquire customers across multiple touch points, to increase customer and revenue retention, to leverage smarter payment options, and to maximize sales conversion rates. Avangate's clients include ABBYY, Absolute, Bitdefender, Brocade, FICO, HP Software, Kaspersky Lab, Telestream and many more companies across the globe.
More information can be found on www.avangate.com.
Tel: +31 20 890 8080 ext: 4654