Metering.ai

Main Features: Metering.ai is a completely no-code tool that acts as a free add-on to existing billing systems (Chargebee, Zuora, Recurly, or Stripe) to unlock pricing models previously not an option. It converts raw usage data into metered aggregated values and automatically pushes them into Stripe for invoicing.

Core Advantages:

1. No more grunt work: Ends the monthly chore of drowning in messy spreadsheets to aggregate usage data for Stripe by automating the entire process.
2. No more billing disputes: Manual calculations are prone to errors leading to disputes or leaving money on the table; Metering.ai ensures accurate and automated calculations.
3. Save 1 day every month: Finance and ops teams spend 12+ hours monthly aggregating data; Metering.ai allows them to focus on work that moves the needle.
4. Data Security: Does not save any user data, making it fully secure.

Supported Computations: Supports most computations possible in Excel - around 391 functions grouped into: Array Manipulation, Date and Time, Engineering, Information, Financial, Logical, Lookup and Reference, Math and Trigonometry, Matrix Functions, Operator, Statistical, and Text.

Usage Workflow:

1. Upload the CSV file: Download usage metrics in CSV format from tools like Amplitude/Mixpanel/Segment and upload.
2. Connect Stripe account: Provide Stripe API to pull product and price info automatically.
3. Create the formula for Computation: Apply Excel-like transformations and aggregations (e.g., count, sum, countunique, sumif, etc.).
4. Data is synced with Stripe: Preview the output and push data automatically to Stripe for invoicing.

Target Users: Any B2B SaaS company with a usage-based billing component, specifically: 1. Using Stripe; 2. Having a usage-based component in pricing (usage drawdown, pay-as-you-go, etc.). Examples include communications API companies (pricing per API hit), fintech payments companies (commission based on % of total payment value), marketing automation/CDP products (charging based on monthly active users), and cloud infrastructure companies (pricing based on compute hours).

Typical Use Cases:

1. Count of API hits for a communications API company: = count(API_request_id) or = counta(API_request_id).
2. Percentage of total payment value for a fintech payments company: = sum(total_payment_value) * commission_percentage_value.
3. Marketing automation product charging based on monthly active users: = countunique(user_id), handles graduated pricing seamlessly.
4. Cloud infrastructure company pricing based on compute hour: = abs(sum(ComputeMicroHour)*0.0036/3600)) to handle negative values.
5. Applying conditions and filters: Using different fields and prices for basic vs. premium plans, e.g., =sumif(Premium User,"=NO",Total usage in seconds).

FAQ:

• How secure is my data? No data is saved, making it fully secure.
• Can I use metrics from Amplitude/Mixpanel/Segment? Yes, download in CSV format and upload.
• Why provide Stripe API? Needed to access product and price info to calculate final values, which can be downloaded or pushed to Stripe.
• What formulas are supported? Most Excel formulas are supported.

Pricing Info: Completely free to use. No login required, no credit card required.