ZUORA-BILLING
Zuora Billing SaaS billing / revenue recognition.
Definition
Zuora Inc. (Redwood City CA, founded 2007 by Tien Tzuo ex-Salesforce, IPO 2018 NYSE ZUO + taken private February 2024 $1.7B Silver Lake + GIC) is an enterprise subscription monetization platform leader (subscription billing + Zuora Revenue revenue recognition + Zuora Collect revenue ops + Zuora Insights analytics), pioneer promoting 'Subscription Economy' concept since 2007+, ~1000+ enterprise customers (Schneider Electric + ZoomInfo + Bose + Caterpillar + multiple). 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
Zuora founded 2007 ; IPO 2018 NYSE ZUO ; taken private February 2024 $1.7B Silver Lake + GIC ; ~1000 enterprise customers.
Example in context
Industrial OEM Schneider Electric transitions traditional product sales to subscription model 'Equipment-as-a-Service' EaaS: Zuora Billing manages complex enterprise subscription contracts (multi-year + flat fees + usage-based + maintenance + multiple add-ons) ; Zuora Revenue handles ASC 606 + IFRS 15 revenue recognition automatically deferred + recognized over contract terms ; analytics + reporting Zuora Insights track Subscription Economy KPIs (ARR + Net Revenue Retention + Churn).
Related terms
- Stripe Billing — competitor mid-market.