Cloud Nation Announces Acquisition of Subscription Bridge
Leading Cloud Solutions Aggregator Buys Recurring Billing Engine Platform
Seattle, Washington (PRWEB) May 09, 2013
Leading North American cloud solutions aggregator Cloud Nation today announced that it has successfully completed the acquisition of Irvine, CA based Subscription Bridge (http://www.subscriptionbridge.com) a subscription management and recurring billing solutions platform.
As a result of the acquisition Cloud Nation now provides a complete suite of subscription and recurring billing solutions to serve the SMB market worldwide
According to Tom Poole, President of Cloud Nation, “The subscription economy is absolutely exploding. We actually started using Subscription Bridge a number of months ago within Cloud Nation and liked it so well we pursued it as an acquisition. The platform itself is an extremely powerful and flexible tool that helps companies large and small convert their strategy from a one-time purchase scenario to a subscription based revenue stream. Projections are that over 40% of technology offerings will be sold through a subscription model by 2015. Cloud Nation is in the position to enable technology partners with the ability to embrace the new subscription economy today.”
According to Robert Christiansen, Chief Technology Officer at Cloud Nation, “Having spent nearly a decade focused on high volume, data critical applications in the financial services sector, it was immediately evident Subscription Bridge was a very powerful tool. The simplicity of its architecture allows us to customize and brand it for individual companies rapidly without custom code. Our ability to integrate with popular products such as QuickBooks (NASDAQ:INTU) and Salesforce (NYSE:CRM) make it a clear choice for companies interested in quickly and cost effectively embracing a pay as you go strategy.”
Utilizing the Subscription Bridge Platform, companies can now:
- Easily create and sell subscriptions — Use the built in checkout system, an integrated shopping cart, or leverage the open APIs.
- Change the way items are sold — Add products or services, manage custom adjustments, upgrade or downgrade, and apply discounts that match your business.
- Reduce customer service costs — Self-help through “Customer Center” plus automated notifications, reminders, and payments.
- Reliable recurring payment systems — Effortlessly convert to a recurring payment solution and create ongoing annuity based revenues.
- Powerful reporting features — Search and view reports on customers, subscription types, outstanding balances, and churn.
- Connect to custom applications — Enable payments and integrate into any system using Subscription Bridge´s robust API enablement.
About Cloud Nation
Seattle-based Cloud Nation has quickly emerged as a leading Cloud Solutions Aggregator based on its strategy to empower resellers with a comprehensive suite of solutions to offer to small and medium size businesses (SMBs). The company´s offering includes initial training and certification, an industry leading cloud solutions platform, unified billing solutions, and integrated sales and marketing support for its members.
Cloud Nation´s in depth training program and CNCP (Cloud Nation Certified Professional) designation is one of the first vendor neutral certifications designed to provide resellers with the tools necessary to successfully support SMBs interested in making a transition to the cloud. For more information, contact Cloud Nation at (888) 652-2948 or visit us at http://www.cloudnation.co.
About Subscription Bridge
Irvine-based Subscription Bridge provides comprehensive tools for selling and managing subscription-based products and services for all businesses. Whether you deliver software-as-a-service (SaaS) or own a personal fitness business, setting up your subscription management system from Subscription Bridge is easy and effective. Our tools offer business owners and developers alike the platform to get up and started immediately. Learn more at http://www.SubscriptionBridge.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/5/prweb10711871.htm