SAN FRANCISCO and CHENNAI, India, Feb. 12, 2019 (GLOBE NEWSWIRE) — Chargebee, an emerging leader in SaaS subscription management and recurring billing solutions, today announced it has been selected winner in the 2018-19 Cloud Awards Program for Best Payment, Finance or Billing solution. The Cloud Awards program recognizes excellence and innovation in cloud computing, and accepts entries internationally and from organizations of any size.
Chargebee CEO and Co-Founder Krish Subramanian said: “It’s an honor to be recognized as the Best Payment, Finance or Billing solution by the Cloud Awards Program, and a testament to Chargebee’s dedication to helping power thousands of subscription-based businesses all over the world.”
Cloud Awards organizer Larry Johnson said: “Once more this year, we can see how the cloud continues to disrupt and make innovation an essential component along the entire value chain. We have seen the careful balance being struck between driving adoption, safeguarding retention and innovating in order to streamline business processes. In many cases, these considerations are complex.
In a race to find new ways to further monetize their business and meet the changing expectations and demands of customers, companies are increasingly turning to subscription-based services to create viable and recurring revenue streams. More than 8,500 global brands across 53 countries use Chargebee’s solution to efficiently manage their billing, payments, subscriptions and invoicing services. All of these customers are participating in the transition of the trillion-dollar global commerce market to a subscription model. Chargebee makes it possible for any company of any size to manage and run successful subscription-based businesses that deliver the same great experience as that of a SaaS or e-commerce giant.
Hundreds of organizations entered the Cloud Awards Program, with entries coming from all over the world, including the Americas, Australia, Europe and the Middle East. You can view the full shortlist and winners here: https://www.cloud-awards.com/2019-shortlist.
For more information about Chargebee and the power of automated subscription billing and revenue recognition, please visit Chargebee.com
Chargebee is a subscription and recurring billing management solutions company that helps businesses manage their billing, payments, subscriptions and invoicing services efficiently. Founded in 2011, Chargebee offers a SaaS solution that simplifies billing complexities and operations for subscription businesses, while delivering a seamless customer experience. Chargebee is backed by Insight Venture Partners, Accel Partners, and Tiger Global Management. For more information on Chargebee, visit www.chargebee.com or follow us on Twitter @chargebee.
About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud. Categories include Most Promising Start-Up, Best SaaS, and “Best in Mobile” Cloud Solution. Finalists were selected by a judging panel of international industry experts. For more information about the Cloud Awards please visit http://www.cloud-awards.com/.
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