Benchmarks Payment Features Stax 
Stax
MARCH 12, 2024
In an ideal world, all customers would pay an invoice the moment they receive it. But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business.
Stax
FEBRUARY 21, 2024
And because of the digital nature of SaaS businesses and their subscription-based business models, the ability to collect data on how the company is performing is easier and faster than ever. Enter the SaaS Magic Number, which measures the return on sales and marketing spend in generating new subscription revenue.
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Stax
FEBRUARY 5, 2024
Benchmark against industry peers. On invoices, present it as a separate line item to provide a clear breakdown. If you find yourself short on either, consider tools like CardX by Stax, a platform that offers credit card surcharging solutions. This targeted cost-sharing strategy can help foster positive consumer relationships.
Stax
DECEMBER 9, 2024
when someone has canceled a subscription and still receives a charge) Goods or services not being received after the purchase Being charged an incorrect amount Unauthorized credit card usage (i.e. Keep track of industry benchmarks and aim to stay within acceptable limits.
Stax
MARCH 20, 2025
You will look at the pricing data of your competitors for the particular product, determine the industry average price, then set your own price below that benchmark. Competitive pricing This pricing strategy involves setting your prices below what your competitors are charging.
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