Dont settle for the bare minimum. Switch to OpenPay
Join the businesses that have switched to OpenPay to optimize payments, boost retention, and scale all in one done-for-you platform. Dont just observe your growth—accelerate it.
OpenPay vs. Baremetrics: Why analytics alone wont drive growth
Sure, Baremetrics gives you a nice peek into your subscription analytics, but lets be real: metrics alone dont cut it for growing SaaS companies. You need a toolkit that empowers you to turbocharge your growth. If youve ever felt stuck in the endless cycle of reporting, wondering how to actually put those insights into action, youre not alone.
Tracking your metrics with Baremetrics? Easy. But turning those insights into game-changing strategies? Thats where it gets sticky. With its focus on analytics, youll find yourself juggling a hodgepodge of platforms for OpenPay vs BareMetrics 2 subscription management, billing, and payment processing. Its great for spotting churn, but it lacks when it comes to actually preventing it. And lets not even start on the allure of free tools—while they sound fantastic, you often end up with support that is nowhere to be found.
Ready to break free from data overload and embrace proactive growth? Enter OpenPay—the upgrade you didnt know you needed. Were not just a Baremetrics alternative; were your all-in-one solution that arms you with the tools, insights, and flexibility to soar. When tracking performance is just the tip of the iceberg, and youre looking to optimize payments, slash churn, and expertly manage subscriptions, OpenPay is the secret weapon that transforms your data into dollars.
Why SaaS businesses choose OpenPay over Baremetrics
If you want to take insights and translate them into action, OpenPay is the platform youve been looking for. We dont just track metrics; we combine analytics, payment management, and automation to help your business grow.
The AI way to process payments
OpenPay: Youre not just processing payments; youre using AI-driven dynamic routing to send each transaction to the best processor. This means higher acceptance rates and lower fees, allowing you to expand globally while your revenue and profit margins soar.
BareMetrics: With a focus on analytics, youre left hanging when it comes to optimizing payments. Without those smart routing capabilities, you might end up with unnecessary fees and lower success rates, making your growth journey a lot bumpier than it needs to be.
Instant alerts for the good and the bad
OpenPay: Our AI-driven system tracks KPIs in realtime and sends instant alerts the moment anything unusual happens—good or bad. Forget tedious manual checks; we deliver actionable insights straight to you and quickly pinpoint root causes to automate next steps.
BareMetrics: Youre usually left in the dark, relying on periodic updates that may lag behind the action, meaning you could miss critical shifts and be slower to respond when it matters most.
Real-time insights when you need them
OpenPay: Enjoy reliable revenue reporting and insights that eliminate guesswork—no delays, no inaccuracies, and zero integrations needed. You get growth, conversion, retention, and attribution metrics, along with actionable insights and flexible data segmentation, all in one place.
BareMetrics: You may be kept waiting on updates and reliant on integrations, risking inaccuracies that could cost you critical growth opportunities. Why settle for less when OpenPay gives you everything you need to make smart decisions?
Customer data + insights = Actionable strategies
OpenPay: Youll always know exactly who to target with spot-on offers and strategies. By fusing historical subscription revenue data with customer engagement insights, OpenPay pinpoints which customers are at risk of churning, ready to return, or eager to spend more.
BareMetrics: Without that same level of insight, you only have basic metrics that miss the bigger picture. You need a powerful blend of data to effectively target and retain customers, and without it, you forgo growth opportunities.
Built for ambitious entrepreneurs
“Streamlining our operations was crucial for expanding our AML program. OpenPay's user-friendly platform allowed us to manage risk effectively, ensuring our partners could grow while maintaining a secure and compliant environment.”
Head-to-head comparison: OpenPay vs. BareMetrics
Subscription Analytics
Feature
What it does
Standard SaaS metrics
MRR/ARR, new/reactivations/upgrades/downgrades/existing/churned/trialing, LTV/ARPU/retention rate/churn rate/conversion rate
Payment acceptance rate
Calculates the percentage of payment transactions successfully authorized
Subscription optimization metrics
Failed payment recovery rate / cancellation deflection rate and insights / reactivation rate / crossell and upsell acceptance rate
Proactive anomaly signaling
Notifications for any anomolies that occur in SaaS metrics trends (ex: increase in churn rate for China-based customers this month)
Packaging/bundling pattern recognition
Analyzes historical customer purchasing patterns to highlight which plans are often purchased together by what types of customers
Segmentation/data enrichment
Segmen data bsed on things like location, acquisition channel, etc..Identify customers with the best conversion and upgrade potential, pinpoint the most effective pricing plans, and drill down on attributes that drive LTV.
Customer health scores
Combines historical subscription revenue data with customer engagement data to determine which customers are most at risk of churning, most likely to come back, and most likely to increase their spend.
Subscription Management
Feature
What it does
Smart payment routing
Route payments dynamically across different payment processors, optimizing payment authorization rates and reducing transaction costs.
Multiple payment method support
Ex: Apple/Google Pay, credit card, debit card, ACH, etc.
Flexible billing schedule support
Ex: monthly/annual/quarterly/etc.
Custom hosted checkout
Customizable, white-labeled checkout flows.
Custom hosted payment links
Customers are able to update their payment method on a site that has the company's custom domain (ex: https://pay.oddslam.com/).
CRM/CPQ integrations
Ex: Intercom/Salesforce.
Free trials
Customers can be put on free trials before converting to a paid subscriber.
Invoicing
Create, customize, send, and revise invoices from a unified dashboard.
Subscription migration
Migrate subscriptions from your third-party billing processor or internal billing system.
Usage-based billing
Automate billing for usage-based pricing models.
Discounts/credits/refunds (full and prorated)
Offer discounted prices and customer refunds.
Automatic tax calculation
Calculate and collect sales tax, VAT, and GST on both physical and digital goods and services.
Customer subscription management portal
Allow customers to easily manage their subscriptions (ex: add payment methods, update their subscriptions) on a custom-hosted page.
Billing for platforms & marketplaces
Network tokenization
Replace sensitive card data with unique tokens in coordination with the card networks and issuing banks.
Credit card automatic updater
Automatically update expired or renewed card information directly with card networks.
Strong Customer Authentication (SCA)
Strong Customer Authentication (SCA) is a European regulatory requirement to reduce fraud and make online and contactless offline payments more secure.
Subscription Optimization
Feature
What it does
Cart abandonment notifications
Abandoned cart push notifications allow you to automatically send push notifications to people who added a product to their cart but didn't check out
Smart credit card retries
Retries customer credit cards when payments fail according to a "smart" schedule that optimizes for conversion (we'll use AI here)
Dunning emails
Reaches out to customers with failed payments to remind them to update their credit card information
Card rotator
Optimizes for payment acceptance by trying each of a customer's on-file credit cards until one successfully goes through
Cancellation surveys
Collects insights for why a customer is cancelling their subscription
Cancellation salvage offers
Surfaces salvage offers (ex: trial extension, discount, support, subscription pause) as an alternative option to the user instead of cancelling
Winback (reactivation) campaigns
Outreach to incentivize customers to reactivate their subscriptions.
Upsell/crossell campaigns
Outreach to incentivize customers to increase their subscription term or subscribe to additional plans.
Localized outreach
All outreach is sent out in the customer's language preference.
A/B testing functionality for all subscription optimization campaigns
Gives users the ability to A/B test different flows in production in order to optimize for the most effective ones
Dont just barely measure up—choose OpenPay
When it comes to powering your SaaS business, choosing OpenPay as your Baremetrics alternative is a nobrainer. OpenPay brings you real-time insights and AI-powered automation that empower you to make smart decisions without the integration headaches. While Baremetrics offers the basics, it often leaves you craving more—more control, more insights, and more ways to skyrocket your growth.
With OpenPay, youre not just tracking numbers; youre unleashing your datas potential to enhance retention and revenue. So, why settle for average when you can have extraordinary? Let OpenPay supercharge your success.
With OpenPay, youre not just tracking numbers; youre unleashing your datas potential to enhance retention and revenue. So, why settle for average when you can have extraordinary? Let OpenPay supercharge your success.
