Compare Meteroid with Recurly
Meteroid Vs. Recurly
Recurly handles recurring billing well. But when your pricing evolves into usage, hybrid, or matrix models, every change becomes an engineering project. Meteroid is built to let your billing keep pace with your business.
CPQ
Meteroid's CPQ helps Sales close custom deals faster and automates the downstream process (subscription management...). This module is available on the Visionary Plan and the Enterprise Plan and as an Add on of the Pro Plan.
Recurly does not support CPQ.
Open Source
Meteroid offers a fully featured and free to use open source verison.
Recurly is not open-source.
Pricing
Meteroid has different pricings for different requirements:
For early-stage start-ups, the Visionary Plan starts at €50/mo
For growing start-ups, the Pro Plan strats at €199/mo + 0.4% of managed revenue
For Scale-up, the Enterprise Plan has custom pricings
Recurly does not offer self-serve plans. Pricings are custom and not publicly disclosed.
Vendor Lock-in
Intermediate: Meteroid can integrate with multiple Payment Service Providers (PSP).
Intermediate (multi-PSP).
Metering
Meteroid is a Usage-Based Billing software built to ingest and process high volumes of raw events efficiently, thanks to a robust and scalable event processing pipeline written in Rust, leveraging Kafka and Clickhouse.
Recurly is a Metered Billing Solution and mainly relies on pre-calculated values. It can require your engineers to build internal logic to aggregate usage events before sending them to Recurly.
Basic Usage-Based Pricing (tier, volume, per unit)
Yes. Meteroid supports many usage-based pricing models (per unit, tiered, volume...).
Yes. Recurly supports basic usage-based pricing models (per unit, tiered, volume...).
Advanced Usage-Based Pricing
Yes. Meteroid supports advanced usage-based pricing models like multi-dimensions pricing models (e.g Matrix pricings to bill based on tokens segmented by AI models and Customer country), capacity commitments (threshold-based model allowing customers to pay based on a monthly capacity chosen upfront) or package pricing models (customers paying per block of units).
No. Recurly only supports a 1:1 relationship between a meter and a price making it difficult to support advanced pricing models like multi-dimension pricing (e.g Tokens segmented by AI models and Customer country).
Customer Portal
Yes. Meteroid supports a Customer Portal where End Users can manage in full autonomy their subscriptions, payment methods, invoices, and billing information.
Yes. Recurly supports Customer Portal.
API & Integrations
Meteroid has an API-first architecture allowing a seamless integration within the revenue stack.
Integration with Recurly is often deemed complex and is a real workload for your teams.
Hosting
Meteroid offers the choice between a managed cloud experience or self-hosting on-premise (if subscribing to the Enterprise Plan) to maintain total control over sensitive financial infrastructure.
Recurly only offers a managed Cloud experience.
Multi-Entity Invoicing
Yes, Meteroid supports multiple Invoicing entities within a single, centralized account allowing SaaS to bill globally while maintaining a single source of truth for financial steering, reporting, and customer management. This feature is available on the Enterprise Plan by default and on the Pro Plan as an add-on.
This feature is only available on the Elite plan.
Credit Notes
Meteroid supports Credit Notes.
Recurly supports Credit Notes.
UX
Meteroid's UX is deemed great, easing users' onboarding.
Recurly's UX is deemed poor, making it complex for users to use the tool.
Native integrations
Meteroid supports native integrations with payment gateways (e.g Stripe), CRMs (e.g HubSpot) and accounting systems (e.g Pennylane).
Recurly supports pre-built integrations with CRM (e.g Salesforce), accounting tools (e.g Xero, Quickbooks), payment Gateways (e.g Stripe, Adyen, GoCardless), tax tools, collaboration tools...
Support
Intermediate: Meteroid can integrate with multiple Payment Service Providers (PSP)
Recurly offers limited support. Response time is often slow, and there is no community involvement.