Back-office software technologies are an integral part of the back-bone that supports business. However, when the “enterprise” using enterprise resource planning (ERP) software happens to be a software company, back-office systems fall short of providing critical flexible support. Manual workarounds for processes such as recognizing subscription license revenue, reconciling entitlements, and dealing with a contract paper trail have been nearly good enough in the past, but fixing operations is a key requirement for many software companies.
We recently ran an article on our software monetization channel that discussed the common barriers that prevent ISVs from building an effective monetization strategy. Are you looking to improve or even define your software monetization plan? Here are five barriers that you should prepare for: