STRIPE-BILLING

Stripe Billing SaaS billing / revenue recognition.

Definition

Stripe Billing is the Stripe Inc. (San Francisco, founded 2010 by Patrick + John Collison, ~$10B valuation 2024 + tens billions volume processed annually) subscription management + recurring revenue product, enabling SaaS + subscription businesses (Twilio + Slack + Notion + Zoom + multiple) to manage subscriptions lifecycle (plans + pricing + customers + invoicing + dunning + retention + ASC 606 revenue recognition export) via REST API + dashboard, native integration with Stripe Payments + Stripe Tax + Stripe Connect platforms. Platform + workflow detail integration ERP + CRM + general ledger + subscription lifecycle management + plans + pricing + dunning + collections + revenue schedules + accounting + multiple deployments enterprise + SMB customers; native integration Salesforce + NetSuite + SAP + Workday + multiple accelerating SaaS Subscription Economy 2020s+ adoption.

Origin

Stripe founded 2010 ; Stripe Billing launched ~2018 ; ~$10B valuation 2024 ; widely adopted SaaS subscription industry.

Example in context

SaaS startup uses Stripe Billing for subscription management: creates Product 'Pro Plan' with Price $29/month USD recurring + 14-day trial ; new customer signs up via Checkout, Stripe creates Customer + Subscription objects, auto-renews monthly + sends invoice + receipt emails, handles dunning failed payments + retries 3 attempts before cancellation ; ASC 606 revenue recognition automatically deferred over service period via Stripe revenue recognition export to NetSuite ERP.

Related terms

• Recurly — competitor SaaS.