Why and How of Consumption Based Billing

17/12/2021 44 min

Listen "Why and How of Consumption Based Billing"

Episode Synopsis

Modern SaaS applications increasingly turn to consumption-based billing - a payment scheme in which customers pay based on resources used. This flexible billing is very popular with users but can be challenging to implement. Metronome CTO, Scott Woody, joined us to explain why usage-based billing is so crucial for the SaaS business model - and what it takes to get it right.  

Highlights include:
- The essential requirements that billing engineers must always support for consumption-based billing - and why they make the implementation so challenging.
- The ideal user experience for the two types of users who receive the bill.
- What billing and observability have in common, and why it matters.
- Why consumption-based billing is almost a must-have for product-led growth.

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