Usage-based pricing, also known as consumption-based pricing, is transforming the landscape of the software-as-a-service (SaaS) industry. This pricing model allows customers to pay for a product or service based on their actual usage or consumption. While this approach was traditionally favored by telecom, utilities, and media/communications companies, SaaS businesses have largely relied on fixed subscription pricing for the past couple of decades due to its ability to create predictable recurring revenue.The post Understanding Usage-Based Revenue Recognition: Navigating the Complexities appeared first on RightRev.