MAXIO VS. STRIPE BILLING
Which is best for recurring revenue businesses?
Curious how Maxio and Stripe Billing stack up head-to-head? Here’s what you need to know before making your final decision.
MAXIO VS. STRIPE BILLING
Which is best for recurring revenue businesses?
Get a customized demo
Why Maxio?
Streamline subscription and contract billing.
Automate invoicing. Stay GAAP & IFRS compliant.
What customers say about Maxio
50%
Invoicing processes automated
Maxio is basically a Senior Accountant running our complex billing. If you want to continue to grow, there’s no better software.
Trevor Swim
Director of Finance
3+
hours saved per closed deal
Instantly helpful. Incredible ease of access. Everything’s there and you’re confident in the numbers. Turns anything you’re doing in Excel into one simple application.
Taylor McPherson
Former Business Operations Specialist
90%
less time spent on AR reporting
It’s become the single source of truth for all of our AR reporting. AR used to be complex for us in the past. Maxio has made it very, very easy.
Jean-Thomas Cock
Head of Finance
250%
Growth in ARR
5
Days to close
We’ve been able to automate billings and subscription renewals. We close revenue in 5 days. And it provides us with SaaS-based metrics at a push of a button.
Antonietta Ciccone
Dir. Corp. Revenue Accounting
What’s the difference between Maxio and Stripe Billing?
Maxio vs. Stripe Billing Feature Comparison
Maxio Maxio |
Stripe Billing Stripe Billing |
Billing & Subscription Management | ||
| Subscription billing | | |
| Contract billing | | Features in beta |
| Self-service portals | | |
| Multi-attribute rating | | |
| Prepaid subscriptions | | |
| Prepaid usage | | Fixed fee and overages only |
Company Management | ||
| Single product with multiple currencies | | |
| Localized customer support | | |
| Dedicated onboarding for all customers | | |
Revenue & Expense Reporting | ||
| Basic revenue recognition | | |
| End of period reporting | | |
| Carve-outs / Reallocations | | |
| Expense recognition | | |
Integrations | ||
| Salesforce (two way) | | |
| HubSpot (two way) | | |
| Xero (two way) | | |
| QuickBooks (two way) | | |
| Netsuite (two way) | | |
| QuotaPath | | |
| Clearbit | | |
Maxio vs. Stripe BIlling FAQs
Maxio offers plans with a base fee that includes a customized revenue amount, making it very cost competitive with Stripe Billing. Stripe’s pay-as-you-go pricing may look simple upfront, but it often requires more developer resources, increasing total cost of ownership. In addition, Maxio doesn’t lock you into a single payment provider, giving you flexibility to optimize processing costs .
Stripe Billing’s reporting is limited and often requires Stripe Sigma (premium add-on) plus SQL expertise to access usable analytics. Maxio provides out-of-the-box reporting with the ability to drill down into underlying data across all reports, ensuring transparency for internal teams, investors, and auditors.
Stripe offers broad partner integrations as part of its generalist approach. Maxio is purpose-built for B2B SaaS, offering native Salesforce and HubSpot integrations tailored to complex billing needs. Unlike Stripe, Maxio maintains its integrations directly, ensuring reliability and depth of functionality
Stripe provides minimal onboarding and implementation support, leaving architecture and product catalog setup to customers. Maxio provides dedicated onboarding specialists to ensure accurate setup from the start, reducing long-term risks and ensuring scalability
What issues do people run into with Stripe Billing?
Most early-stage companies implement Stripe to bill customers and collect payments. But they start running into issues as they scale.
Can’t support GTM complexity
Stripe Billing works well for companies that sell a single product at a single price point in a single channel. Stripe Billing will struggle to accommodate complexities in your go-to-market strategy.
Growth-prohibitive pricing
While Stripe’s pricing strategy is transparent and easy to understand, it’s fixed forever. By contrast, Maxio offers volume-based discounts as you scale, so you never get penalized for your business’ success.
Lack of onboarding and support
While Stripe Billing’s extensive documentation makes it easy to interact with them in a self-service manner, most companies find they need additional support and guidance.
How to migrate from Stripe Billing to Maxio
Here’s how to migrate from Stripe Billing to Maxio in five easy steps.
- Align the product catalog structure
- Map current subscriptions to the new catalog structure
- Design new subscription management workflows
- Define customer touch points and API integrations
- Import and go-live
