SaaS companies are increasingly adopting subscription-based models, which have led to a boom in the growth of companies driven by this model. Subscription management involves tracking subscriptions, accurately metering usage for pricing and billing purposes, and managing upgrades, discounts, and cancellations. To thrive in the subscription economy, businesses must leverage industry best practices, such as aligning price with value, automating billing and invoicing, integrating dunning processes, setting up recurring billing and reminders, offering tiered pricing, handling upgrades and downgrades, and integrating CRM. Adopting a robust tool like Togai's usage-based billing software can provide unmatched efficiency and effectiveness to SaaS businesses, supporting any product or service and adapting to changing business needs.