Metering.ai
Overview of Metering.ai
Metering.ai: Streamline Usage-Based Billing with Stripe
Matering.ai is a no-code tool designed to simplify the process of converting usage data into Stripe invoices. It helps SaaS businesses automate usage data aggregation and billing workflows without the need for complex coding or engineering efforts.
What is Metering.ai?
Metering.ai is a free add-on to your existing billing system (whether that’s Chargebee, Zuora, Recurly or Stripe) which unlocks pricing models that were previously not an option for your business. It is a no-code tool that converts your usage data into Stripe invoices without having to maintain multiple Google sheets and Excel spreadsheets.
How to Use Metering.ai?
- Upload the CSV file
- Connect your Stripe account
- Create the formula for Computation
- Data is synced with Stripe
Key Features and Benefits:
- No-Code Solution: Metering.ai is designed for non-engineers, allowing product managers and founders to easily set up and manage the system.
- Automated Usage Tracking: Automatically aggregates usage data for accurate billing.
- Integration with Stripe: Seamlessly connects with Stripe to automate invoice generation.
- Customizable Pricing Models: Enables flexible pricing based on usage.
- Error Reduction: Minimizes billing errors by automating calculations.
- Save Time: Finance and ops teams spend 12+ hours every month aggregating data so they can send it to Stripe. With metering.ai, you can focus on work that will move the needle.
Why Choose Metering.ai?
In the SaaS landscape, usage-based pricing models are becoming increasingly popular. Metering.ai simplifies the implementation of Stripe Metered Billing, allowing businesses to:
- Track product usage accurately.
- Ensure error-free billing.
- Implement flexible pricing models.
Use cases
Any product which has a usage based billing component will need a metering infrastructure - a way to convert usage based data into a billable entity.
- If you are using Stripe
- you have a usage based component in your pricing (whether it’s usage drawdown, pay as you go etc)
FAQ
How secure is my data? We don’t save any of your data. So it’s fully secure.
What kind of calculations are possible? Most computations possible in Excel are possible here - around 391 functions
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