Lago is an open-source metering and usage-based billing platform designed to simplify and streamline the billing processes for tech companies. It offers a robust set of features that cater to various billing needs, from usage metering to invoicing and payment orchestration.
•Usage Metering: Ingest up to 15,000 billing events per second with Lago’s event-based architecture, providing a solid foundation for scalable, fair pricing models.
•Price Plans: Supports all pricing models, enabling the creation of pay-as-you-go and hybrid plans through an intuitive interface or API.
•Coupons: Enhance marketing campaigns and boost conversions by creating redeemable coupons for discounts.
•Add-ons: Generate one-time charges that are invoiced immediately, allowing you to get paid without delay.
•Invoicing: Automatically calculates and generates invoices based on your configured plans, with options to customize invoices and manage taxes.
•Prepaid Credits: Unlock recurring revenue opportunities with real-time prepaid credit features, allowing customers to prepay for usage.
•Billing Integrations: Easily integrate with various tools and services to streamline your billing processes.
•Instant Charges: Create immediate charges for services or products, bypassing the traditional billing cycle.
•Customer Portal: Provide a user-friendly portal for customers to manage their subscriptions and view invoices.
•Spending Minimums: Set minimum spending rules for pricing units or entire invoices.
•Email Invoices: Automatically send invoices via email to customers.
•Grace Periods: Define grace periods for payments to accommodate customer needs.
•Timezones: Support for different timezones to ensure accurate billing across regions.
•Credit Notes and Refunds: Manage credit notes and process refunds efficiently.
Lago provides a comprehensive and flexible billing solution that can be tailored to the specific needs of tech companies. Its open-source nature allows for extensive customization and integration, making it an ideal choice for businesses looking to optimize their billing processes.
