The Changing Rules of E-commerce Taxation

posted in:
Tax

In the recent Supreme Court case, “Wayfair v. South Dakota,” the court ruled that e-commerce companies must begin collecting sales tax from customers in that state, regardless of whether or not the company has a presence there.

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How to Address Subscription Box Fatigue and Retain Subscribers

The popularity of subscription boxes has been a boon to subscription commerce. But this popularity can be a double-edged sword. While recipients may love their different boxes filled with delightfully curated products or regularly needed essentials, sometimes this becomes too much of a good thing. Subscription box fatigue can happen when consumers get too many boxes, too often, and the enjoyment they get from them begins to decline, resulting in cancellations. How can subscription box-of-the-month companies respond to lessen this voluntary churn?

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How Recurly is Supporting Visa's Stored Credential Framework

Subscription commerce continues to expand rapidly across different industries, and card networks naturally want to stay ahead of market trends to provide the best experience. As a result, card networks like Visa and Mastercard periodically update their rules and regulations and release new requirements.

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Subscription Summit Demonstrates the Staying Power of the Subscription Model

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Subscription Commerce and Scalable Financial Operations

posted in:
Integrations finance

For businesses which rely on recurring revenue, financial reporting is a very convoluted process. Subscription billing involves accounting for changes, including upgrades, downgrades, plan changes, etc. All these changes can complicate the process of producing financial reports, especially as manual exception-handling is often required. This complexity limits the ability of subscription businesses to scale their finance function and diverts resources away from analysis and reporting. Continue Reading

The Insightful Accountant Gives Recurly a “First Look”

posted in:
financial services finance

At Recurly, we’ve introduced many features to better serve the needs of finance teams working with recurring revenue and its inherent complexity. For example, our integration with QuickBooks Online, NetSuite, and Xero allows us to automate the transfer of data from Recurly into those systems, to support operations that scale. Our automated tax support streamlines compliance and improves accuracy. And Recurly’s decline management technology significantly improves collections so you can be sure your revenue is maximized each month.

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Streamlining Financial Operations: Key Learnings From Our Webinar

posted in:
Recurly Resources

Recurly recently presented a webinar entitled “Scaling Subscription Billing: A Guide to Streamlining Financial Operations” which received a terrific response from the attendees. This response prompted us to publish this recap along with a link to the recorded webinar for those who missed the live webinar last week.

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International Expansion and Recurly

posted in:
global expansion

These days, any e-commerce offering has international potential: if customers from other nations are able to complete their purchase, the business is operating “globally.” But there’s much more that a subscription business can and should do to foster and grow its international market. Supporting international currencies and payment methods, and complying with different countries’ tax requirements are critical to serving a global audience. Subscribers also expect a company’s online presence to be localized, especially checkout and payment pages.

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New Subscription History Data Illuminates Trends

Here at Recurly, we often talk about how the wealth of data available to subscription businesses is a key benefit of the recurring revenue model. This billing data becomes even more valuable when you combine it with data from subscriber events and marketing events. This broader view helps subscription businesses to better understand subscriber loyalty, campaign effectiveness, and what truly increases subscriber lifetime value.

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Live Webinar on “Scaling Subscription Billing: A Guide to Streamlining Financial Operations”

posted in:
webinar

Subscription billing is complex. As subscription businesses scale and evolve, billing complexity only multiplies. Revenue recognition, hybrid business models, and constant upgrades, downgrades and refunds are just a few elements that add to the complexity.  

How can today’s finance professionals cut through the complexity to ensure continuous recurring revenue growth?

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