Paddle

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.