Instead of monthly usage-based billing, bill customers on demand for usage. On-demand billing is ideal for businesses that need to bill customers for discrete events, such as batch orders or one-time purchases.
Instant invoice generation when usage events occur
Cumulative usage tracking across multiple events
Support for tiered pricing based on historical usage
When you submit events for on-demand billing, Sequence will raise an invoice the next day. The invoice will include all events submitted the previous day.
Configure a new product and price with a usage-based pricing model.
Set the billing frequency to on-demand.
Create and start a billing schedule including the new price.
Submit an event for the customer and metric used in the price.
An invoice will be generated the next day.
On-demand billing is only compatible with usage-based pricing models. Usage is accumulated throughout the billing schedule’s phase. For tiered pricing, each new event considers the total historical usage to determine the applicable tier rate.
Usage is cumulative across all events in the phase. For tiered pricing, each new event considers the total historical usage to determine the applicable tier.
When exactly are invoices generated?
Invoices are generated the day after events occur. Multiple events submitted on the same day are consolidated into a single invoice.
Can I use this with fixed pricing models?
On-demand billing is currently only available for usage-based prices. It cannot be used with fixed pricing models.