Charging | Plock.io

Plock helps some of most impressive SaaS companies to achieve outstanding NRR

Don't wait until end of month – see revenue from day 1

We understand the fast-paced world of SaaS, waiting for end-of-month reports just doesn’t cut it. Unlike traditional systems that only update once a month, Plock continuously collects and processes data, allowing your mgmt team to monitor revenue progress even down to customer level on an hourly basis.

Seamless Subscription Management

Whether you’re managing consumption-based pricing or fixed fee models, Plock makes it easy to stay on top of your revenue streams. Powered by real-time usage data, you can effortlessly manage subscriptions and ensure accurate billing every time.

People us and we love them

Plock is Tailored for the Fast-Paced SaaS World

Immediate Insights

Traditional billing systems often run a script every 30 days to generate invoices, leaving you in the dark for most of the month. Plock continuously collects usage data, giving you up-to-the-minute revenue calculations.

Optmize Pricing

We make Usage Based Pricing simple. Our intuitive UI visualises the outcome of every price model for any volume, eliminating the risk for revenue leakage due to poor price models. Stay ahead of the curve.

Instant Action

Identify trends and address issues instantly. Spot a sudden spike in usage? Capitalize on upsell opportunities right away. Take action before it affects your bottom line.

Frequently asked questions

What is Usage Based Pricing?

Usage Based Pricing (UBP) in SaaS is a billing model where customers are charged based on their actual consumption of a product or service, rather than paying a fixed subscription fee. This approach, often called "pay-as-you-go" or "consumption-based" pricing, aligns the cost with the value the customer derives from the service.

Example: Imagine an API service for sending text messages. Instead of charging a flat monthly fee, customers are charged based on the number of text messages sent. For instance, each SMS sent in Germany might cost €0.075. So, if a company sends 1,000 messages in a month, their bill for SMS would be 1,000 × €0.075 = €75.00.

Why is Usage Based Pricing popular?

Here is why some of the fastest growing SaaS companies with high Net Revenue Retention (NRR) operate with Usage Based Pricing:

Customers Pay for What They Use: This keeps customers happy and loyal because they’re never overpaying. Happy customers? Higher retention!

Growth Without the Hard Sell: As customers grow, they naturally use more, and their spending increases too. No need for expensive upsells & sales commissions; their success drives your revenue growth.

In short, usage-based pricing is the go-to for boosting customer satisfaction, loyalty, and growth, making it a favourite among SaaS leaders!

What is a Hybrid Pricing Model?

A hybrid pricing model in SaaS is like getting the best of both worlds! 🎉 It combines elements of a fixed subscription fee (predictable income) with Usage Based Pricing (pay-as-you-go flexibility), creating a balanced approach that can appeal to a broader range of customers. And create the comfort your shareholders ask for 😀

Here’s how it works and why it’s clever:

Base Fee: Customers pay a flat subscription fee that gives them access to core features or a certain amount of usage. This base provides predictability for the business and ensures customers always have access to essential features.

Usage Tiers: Beyond the base, customers pay based on how much they use (like extra data, storage, or API calls). This way, they have room to grow without jumping to a new, high-cost plan. It’s budget-friendly for customers who want to start small, while giving them flexibility to pay for what they actually need as they scale up.

Smooth for everyone, no surprise this is the most common price model among Plock users!

What does it cost me to use Plock?

Plock charges a fee based on the volume of transactions or revenue that flows through our plattform within a set time period.