Paddle is a comprehensive merchant of record solution tailored for SaaS and digital product businesses. It offers a complete suite of tools to manage payments, tax compliance, and subscription management.
Key Features:
- Billing: Complete billing solution for managing payments, tax, and subscriptions. It handles all the complexities of recurring billing, including multi-product and flexible plans.
- Checkout: Provides a high-performance, localized checkout experience for SaaS products, improving conversion rates.
- Payments: Offers all-in-one payment processing tools, simplifying the management of various payment methods.
- Tax & Compliance: Automatically handles sales tax globally, eliminating related headaches.
- Invoicing: Automates recurring B2B billing with ease.
- Fraud Protection: Reduces fraud risks with prevention and protection tools.
- ProfitWell Metrics: Provides free, real-time subscription analytics.
- Retain: Automatically recovers failed payments to reduce churn.
Advantages:
- Acts as a merchant of record, taking on the liabilities for tax, compliance, support, and fraud.
- Reduces operational overhead by handling everything from payment processing to tax remissions.
- Scales businesses globally with localized checkout and global compliance.
- Provides data-driven financial reports to enable better business decisions.
Use Cases:
- Launching a SaaS business quickly and efficiently.
- Growing SaaS businesses globally with compliance and tax handled.
- Unifying revenue data from multiple sources for reporting.
- Preparing SaaS businesses for funding, IPO or Exit.
