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Zenskar

www.zenskar.com link_icon

Company Research Report: Zenskar





Company Overview



  • Name: Zenskar

  • Mission: To liberate businesses from billing and revenue recognition burdens with customizable, automated systems, so they can focus resources on building great products, delivering more value to customers, and growing their revenue.

  • Founded By: Apurv Bansal and Saurabh Agarwal

  • Key People:

  • Apurv Bansal, Co-founder, CEO & CFO

  • Saurabh Agarwal, Co-founder & CPTO

  • Headquarters: 169, Madison Avenue #2201, New York, 10016

  • Number of Employees: No information is available

  • Revenue: No information is available

  • What is the company known for: Zenskar is known for providing a flexible, automated billing and revenue management platform, catering particularly to companies with subscriptions, usage-based, and hybrid pricing models.




Products



  • Overview: Zenskar offers solutions that automate billing and revenue recognition, allowing businesses to configure and manage complex pricing models easily.

  • Key Products:

  • Flexible Pricing: Allows setup of any pricing plan or contract terms, including variable subscriptions and usage-based pricing.

  • Decoupled Usage: Manages and monetizes usage data with flexible ingestion and monitoring options.

  • Hassle-Free Billing: Provides error-free billing, manages multi-entity accounts, and automates invoice generation.

  • Accurate Revenue: Automates revenue recognition, aligns billing and revenue processes, and ensures compliance with ASC 606/IFRS 15.

  • Real-Time SaaS Metrics: Offers a unified dashboard for tracking a range of business metrics.

  • Receivables Automation: Automates payment collection and reduces bad debt through segmented customer strategies.


  • Key Features:

  • Automates processes to eliminate manual and error-prone tasks.

  • Allows easy customization and integration with existing systems without requiring extensive technical expertise.

  • Provides businesses with real-time analytics and insights into their financial operations.

  • Supports a broad range of integrations with other tools and systems, including CPQ/CRM, ERP, and payment gateways.




Recent Developments



  • Recent Developments in the Company:

  • Raised $6.5 million from investors, including Bessemer Venture Partners.

  • Continues to enhance platform capabilities to support complex billing models and deeper integrations.


  • New Products Launched:

  • No specific new products have been mentioned beyond the existing billing and revenue recognition offerings.


  • New Features Added to Existing Products:

  • Continuous improvements in flexibility for configuration of billing models and enhanced automation in revenue recognition.


  • Partnerships:

  • Backed by prominent investors like Bessemer Venture Partners to support growth and product development.




Zenskar positions itself as a leader in providing modern solutions for billing and revenue recognition, tailored to meet the demands of SaaS and subscription-based business models. Its emphasis on flexibility, automation, and integration sets it apart in the evolving landscape of financial operations software.