AI TOOL PROFILE
Recurly: Subscription Management and Recurring Billing
- Finance and Accounting
- Billing and Invoicing
- Enterprise companies
- Software companies
- High-volume subscription businesses
- Shopify merchants with recurring models
Pricing
Pricing is scalable based on payment volume. Recurly Commerce starts at $399/month plus 1.5% GMV and $0.10 per order; RevRec starts at $1,200/month. The Subscriptions plan has a minimum $1M Total Payment Volume requirement.
At a glance
- Best for
- Enterprise companies, Software companies, High-volume subscription businesses, Shopify merchants with recurring models
- Key use cases
- Managing High-Volume SaaS Billing, Automating Revenue Compliance, Reducing Subscriber Churn, Global Market Expansion
- Integrations
- Shopify, Stripe, PayPal, Kount, Braze
- Official website
- Visit Recurly official website
How AI is used
Recurly is a subscription management and recurring billing platform designed to help businesses handle the technical aspects of recurring revenue. It provides tools for managing the subscriber lifecycle, from initial sign-up and automated billing to churn mitigation and revenue recovery.
The platform is built for enterprise-scale operations, supporting high transaction volumes and over 140 currencies. It is designed for businesses in sectors such as SaaS, consumer goods, streaming media, and hospitality that require a centralized system to manage pricing plans and global payment gateways.
Beyond billing, the software includes a native app for Shopify merchants and tools for automating revenue recognition to help finance teams maintain compliance with ASC-606 and IFRS-15 standards.
Buyers should confirm if their current payment volume meets the minimum requirements for the Subscriptions plan and evaluate whether they need the separate RevRec or Engage modules for their accounting and retention workflows.
Key Features
Automated Recurring Billing
Supports the setup of flexible plans, pricing, and automated billing cycles.
Churn Mitigation Tools
Includes revenue recovery tools such as intelligent retries and account updaters to help reduce involuntary churn.
Payments Orchestration
Connects to multiple global payment gateways and supports over 140 currencies.
Revenue Recognition (RevRec)
Designed to automate compliance for ASC-606 and IFRS-15 revenue standards.
AI-Powered Insights
Helps predict churn, identify growth opportunities, and detect payment anomalies.
Shopify Integration
A native app for Shopify merchants to manage bundles, prepaid plans, and subscriber portals.
Use Cases
Managing High-Volume SaaS Billing
Supporting the scaling of recurring payments and renewals across global user bases.
Automating Revenue Compliance
Using the RevRec module to automate revenue waterfall and liability reports for audit purposes.
Reducing Subscriber Churn
Implementing automated dunning communications and intelligent retry logic to recover failed payments.
Global Market Expansion
Accepting localized payment methods and managing multi-currency billing for international customers.
Integrations
- Shopify
- Stripe
- PayPal
- Kount
- Braze
- Zapier
- QuickBooks
- ChartMogul
FAQ
What does Recurly do?
- Recurly is a platform that automates recurring billing, manages the subscription lifecycle, and provides tools to help reduce churn and manage global payments.
Does Recurly support international payments?
- Yes, it supports over 140 currencies and provides payments orchestration to connect to various global gateways.
How does Recurly handle revenue recognition?
- Through its RevRec product, it supports automation for ASC-606 and IFRS-15 standards, providing revenue waterfalls and liability reports.
Is there a specific plan for Shopify stores?
- Yes, Recurly Commerce is a native app for Shopify that helps merchants launch and manage subscriptions on their store.
Source category: Finance & Accounting
Source subcategory: Billing & Invoicing
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