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Griff Parry

๐Ÿ‘ค Speaker
221 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And for the most part, our customers are already committed to tooling in their Quote2Cash stack and we absolutely don't want them to rip it out.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

We just want it to work the way it needs to.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

Now they're using these slightly different pricing approaches and effectively we're helping them modernize their Quote2Cash stack.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

So SIFT is a good example.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

So if you know SIFT, they used to be called SIFT Sciences.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

They're a great business and they're doing fraud detection for online retail effectively.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And the core metric that they charge against is based around APIs.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

So they have naturally usage-based pricing.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

But they have big customers and their big customers want quite a high degree of predictability.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

So a lot of their deals involve minimum commitments, which includes certain allowances and sort of discounted rates above those allowances, that kind of thing.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

So that's a typical pattern that we would cater for.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And we need, as a meter, as a business, we need to...

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

integrate with whatever their source of truth for product usage data is.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And if it exists already, we'll take from there.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

If it doesn't, then Meta itself can act as that source of truth.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And we also need to integrate with their source of truth for account data and for pricing data.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

So again, we integrate wherever that currently sits.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And what we're doing is pulling the product

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

usage, the pricing and the account dates together and processing it.

SaaS Interviews with CEOs, Startups, Founders
51 year old dad raises $31.5m to help companies do meter based billing

And what you're spitting out is bill amounts.