openPR Logo
Press release

Maxio Releases Integrated SaaSOptics and Chargify Platform Following Appointment of New CEO

05-27-2022 10:41 AM CET | IT, New Media & Software

Press release from: Maxio

Maxio Releases Integrated SaaSOptics and Chargify Platform

ATLANTA - SaaSOptics and Chargify (becoming Maxio), the leading providers of billing and financial operations solutions for high growth subscription businesses, today announced the release of their integrated billing and financial operations platform. The platform combines the strengths of Chargify and SaaSOptics and allows users to grow by enabling them to deploy any go-to-market model they want while automating their financial operations as they scale.

The release of the integrated billing and financial operations platform comes shortly after SaaSOptics and Chargify first announced they were merging to become Maxio. To guide the company through this next phase of growth and integration, Randy Wootton was recently appointed as the new CEO.

"I couldn't be more proud to be joining this amazing company at this critical moment," said Wootton. "At Maxio, we're determined to redefine the SaaS industry and help innovators build the game-changing subscription businesses of tomorrow. By bringing together a billing and financial operations platform for any go-to-market model into a single, integrated platform, we're empowering busy CEOs and CFOs to make strategic monetization decisions, while supporting their financial operations needs at every step of the way."

The integrated billing and financial operations platform allows users to seamlessly run product-led and sales-led motions in parallel, packaging products exactly as needed. In addition, users have access to investor-grade, drillable financial reports and SaaS metrics that clearly communicate business results and help guide business strategy. Users can also automate the entire quote-to-revenue workflow from order to insight, enabling finance teams to spend more time looking forward than back.

"The strengths and product sets of Chargify and SaasOptics are highly complementary which is why we're coming together to bring this integrated solution to the market," said Barrow Hamilton, Chief Product Officer for Maxio. "Chargify has always been a specialist and leader in empowering product-led go-to-market strategies through complex pricing models and billing automation, whereas SaaSOptics has always specialized in sales-led revenue models, financial operations, and financial automation. The two together create the best all-in-one solution in the market for high-growth SaaS companies."

Customers who piloted the technology have already reported positive outcomes and increased efficiency.

"The results that we have seen so far have been awesome. It's literally like a dream come true," said Kasey Powell, Controller for Fleetio. "Closing the books at the end of each month is what I'm most excited about thanks to the integrated platform. We're going to be able to cut-down our time from days to literally hours."

With more than 2,300 customers worldwide and $10 billion in customer annual recurring revenue managed, the Maxio brand will continue to drive innovation in the financial technology space, while providing customers with world-class support for all Chargify and SaaSOptics solutions.

"Giving companies complete visibility into and control over every aspect of their entire finances and operations is a game-changer," continued Wootton. "Our unified technology will provide SaaS leaders the integrated solutions they need to run their businesses, capture new efficiencies, serve their customers more reliably and flexibly, and turn financial operations into a source of analytics and data that can unlock incredible growth opportunities."

Visit Maxio online to learn more.

###

Maxio
2722 W. Bitters Road, suite 210
San Antonio, TX 78248

Media Contact
Brandy Gaskins
Email: brandy.gaskins@chargify.com
Phone: +1 (843) 607-4421

About Maxio
Maxio provides billing and financial operations platforms that help growing subscription businesses offer flexible pricing and packaging without the back office headaches. These solutions cover the full spectrum of the subscription lifecycle including subscription and customer management, billing and payments, GAAP/IFRS-compliant financials, and SaaS metrics and analytics. Maxio serves more than 2,300 customers worldwide and manages more than $10 billion in revenue.

About SaaSOptics
SaaSOptics is a subscription management platform that automates financial operations for growing B2B SaaS businesses. A cloud-based solution, the SaaSOptics platform allows businesses to pull accurate SaaS metrics and analytics quickly, scale billing and payments smoothly and automate GAAP/IFRS-compliant revenue recognition. Businesses built on SaaSOptics eliminate their risky dependency on spreadsheets and streamline financial operations. SaaSOptics is easy to use, trusted by investors, within reach for early-stage startups and provides a streamlined implementation process.

About Chargify
Chargify is a globally-recognized leader in the recurring billing and subscription management space. Chargify has helped thousands of businesses manage millions of offers that drive billions in annual revenue. Chargify removes billing bottlenecks and gives front, corner, and back office teams the speed and flexibility to grow faster. Over the past decade, Chargify has continued to expand its offerings to address the complexities of the entire subscription lifecycle: recurring billing, subscription management, revenue retention, prepaid subscriptions, revenue operations, and events-based billing.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Maxio Releases Integrated SaaSOptics and Chargify Platform Following Appointment of New CEO here

News-ID: 2636692 • Views:

More Releases from Maxio

SaaSOptics and Chargify Announce Merger, Rebrand to Maxio
SaaSOptics and Chargify Announce Merger, Rebrand to Maxio
ATLANTA - SaaSOptics and Chargify, the leading providers of financial operations and subscription billing management solutions for subscription businesses, today publicly announced the merger of the two companies. The combined company will be known as Maxio and will provide all-in-one revenue management and advanced subscription billing solutions for high-growth software-as-a-service (SaaS) companies. "Modern SaaS companies require a robust billing and revenue management solution now more than ever thanks to a

More Releases for SaaS

Saas Security Market Size Analysis by Application, Type, and Region: Forecast to …
USA, New Jersey- According to Market Research Intellect, the global Saas Security market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. As companies more and more move their operations to cloud-based systems, the SaaS security market is growing strongly. Increased use of Software-as-a-Service models in
Unlock Exclusive Savings on Top SaaS Software with Best SaaS Offers
Image: https://www.abnewswire.com/uploads/0c20ad69235160722e6fd091f6590e60.png Best SaaS Offers is transforming the way startups, freelancers, and businesses access essential software by offering some of the most Affordable SaaS tools for startups [https://bestsaasoffers.com/]. As a leading destination for lifetime deals and exclusive discounts, Best SaaS Offers connects users with top-quality digital tools at budget-friendly prices, empowering them to grow without the financial burden of hefty subscriptions. Affordable SaaS Tools for Startups - The Key to Scaling Smartly In
AppOmni Unveils First AI SaaS Security Posture Management Assistant, AskOmni, Re …
AskOmni simplifies and enhances SaaS security, enabling administrators to ask their way to securing their SaaS estate AppOmni, SaaS Security Posture Management (SSPM) leader and SaaS security pioneer, today unveiled a groundbreaking advancement with the introduction of AskOmni. This first AI-powered SSPM assistant developed by the AppOmni OmniScience team propels SSPM into new dimensions, simplifying security operations and issue remediation, and helping organizations secure mission-critical SaaS environments. AskOmni simplifies administrator
Revenue-Based Financing Market SWOT Analysis by Key Players SaaS Capital, Sabine …
Advance Market Analytics added research publication document on Worldwide Revenue-Based Financing Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Revenue-Based Financing market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some
SaaS BPM Extended Easter Sale
Are you on the lookout for new plugins and software to enhance your small business? Search no more! We have now extended the Easter promotions for our amazing tools until April 18! But first, here are a few details about how SaaS BPM can help you manage your teams and your client relationships better. SaaS BPM: The Ultimate Small Business Process Management Solution In every industry, there are operational processes that serve
Global SaaS Management Platform Market Size, By Types (SaaS Subscription Managem …
The global SaaS Management Platform size is estimated to be USD 1891 million in 2020. The global SaaS Management Platform market size is expected to grow at a CAGR of 16.4% between 2020-2028. The global SaaS Management Platform Market is fueled by various factors, according to a detailed assessment explained in the report. This study shows how important in-depth analysis should be, and how it greatly affects the quality of information