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Maxio (formerly SaaSOptics and Chargify) Reviews & Product Details

Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

Some of the best parts of using Maxio is it's interface. Everything is layed out well and sending invoices and processing transactions is made easy because of it. It's revenue tracking is one of the best features and is extremely accurate and helpful. I do believe the support is great and they get back to you very quicklly. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

The integration isn't as good as it should be espically with the stripe integration. Sometimes stripe debits a different amount than in Maxio. The reporting is another thing that works good when you need a simple report but the filtering can be difficult to work through when you need something specific. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Maxio is solving our revenue tracking issues by making it easy and simple to find our revenue at any given time. Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

Thank you for sharing your positive experience with Maxio's interface and revenue tracking. We understand the importance of seamless integration and robust reporting, and we will take your feedback into consideration for future enhancements.

Maxio (formerly SaaSOptics and Chargify) Overview

What is Maxio (formerly SaaSOptics and Chargify)?

At Maxio, we help B2B SaaS companies unlock their next stage of growth. Our financial operations platform is designed to meet the unique financial challenges of B2B SaaS, including billing, subscription management, revenue & expense recognition, and SaaS metrics & analytics. We believe that in order for SaaS companies to unlock their next stage of growth, their financial operations tech stack must strike the right balance between flexibility, which allows them to pivot quickly in an ever-changing market, and complexity, which supports them as they scale their business, operations, and monetization strategies. No matter how complex your requirements are, Maxio will automate the full spectrum of your subscription lifecycle—from billing and invoicing to ARR management to revenue recognition–all in a single, unified system that allows you to generate custom reports that your investors will love. Maxio is taking finance farther so businesses can go faster.

Maxio (formerly SaaSOptics and Chargify) Details
Product Website
Languages Supported
English
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Product Description

Maxio empowers growing B2B SaaS leaders to monetize their business and uncover critical financial insights in an unpredictable market.


Seller Details
Seller
Maxio
Company Website
Year Founded
2009
HQ Location
Peachtree Corners, Georgia
Twitter
@WeAreMaxio
5,000 Twitter followers
LinkedIn® Page
www.linkedin.com
233 employees on LinkedIn®
Description

Maxio is a leading provider of subscription management and billing software designed to help SaaS and subscription-based businesses optimize their revenue operations. Their platform offers advanced tools for subscription billing, revenue recognition, financial reporting, and churn management, empowering companies to automate complex billing workflows and improve cash flow. With powerful analytics and integrations, Maxio enables businesses to scale effectively while maintaining financial accuracy and compliance.


Chris W.
CW
Overview Provided by:

Recent Maxio (formerly SaaSOptics and Chargify) Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
0.0 out of 5
"Ive been in business for over 20 years and Ive never seen a company act this unprofessionally"
their billing sofware is ok but thats it
Verified User
E
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"weekly SaaS Optics user"
quick access to monthly revenue projections
Verified User
U
Verified UserMid-Market (51-1000 emp.)
2.0 out of 5
"It is ok"
I like how it saves reports and I can see what reports others have generated
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Maxio (formerly SaaSOptics and Chargify) Media

Maxio (formerly SaaSOptics and Chargify) Demo - Core Maxio
Automate the financial operations of your business at every stage of growth.
Maxio (formerly SaaSOptics and Chargify) Demo - Advanced Billing
Bill and price your product any way you want.
Maxio (formerly SaaSOptics and Chargify) Demo - Collections
Automate collections & dunning activities.
Maxio (formerly SaaSOptics and Chargify) Demo - Advanced Revenue Management
Automate complex revenue recognition scenarios in accordance with ASC-606.
Maxio (formerly SaaSOptics and Chargify) Demo - Expense Management
Capitalize, recognize, and report on Expenses such as Prepaid, Fixed Assets, and Sales Commissions automatically.
Maxio (formerly SaaSOptics and Chargify) Demo - SaaS Metrics & Analytics
Understand which customer segments, product lines, and Cohorts are driving growth.
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Maxio (formerly SaaSOptics and Chargify) demo available

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Video Reviews

710 out of 711 Total Reviews for Maxio (formerly SaaSOptics and Chargify)

4.3 out of 5
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Maxio (formerly SaaSOptics and Chargify) Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Maxio (formerly SaaSOptics and Chargify)Question

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Justin S.
JS
Controller
Computer Software
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

I have been a Maxio user for over 7 years in some capacity. I love the ability for customers to have a billing portal to update their information and grab invoices as needed, as well as the KPI tracking for important SaaS Metrics. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

Implementation with Maxio can be a heavy lift depending on the systems you are coming from, but it tends to pay off in the long run for diligence/audit requests. Review collected by and hosted on G2.com.

Recommendations to others considering Maxio (formerly SaaSOptics and Chargify):

Jumping on board with a product with SaaSoptics will help save time in your finance department for a fraction of the cost of other systems. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Maxiohas helped us with month end revenue recognition and tracking our accounts receivable more regularly. We have been able to automate accounts receivable follow ups after invoices go unpaid, and customize the logic depending on whether they pay via a card or another method. Review collected by and hosted on G2.com.

Jaclyn R.
JR
Corporate Controller
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

The system is easy to use and intuitive. It has good API connectors allowing for automation between different systems (Salesforce, Quickbooks, etc). Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

The Rev Rec 606 functionality isn't as robust as I would like. We have very complex revenue recognition and creating the SSP listing has proven to be a challenge as the capabilities are limited. Similarly, the reporting functonality needs to be better built out for 606 capabilites. Reporting functonalities should also be enhanced to run mid month or specific day reporting. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Maxio is our source of truth for revenue recognition, invoicing, and ARR reporting. We have a direct integration with SalesForce which pushes in our contract information allowing for automation. We also have a direct integration with Quickbooks which allows seamless accounting. Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

We're glad to hear that you find Maxio easy to use and intuitive, with good API connectors for automation. We appreciate your feedback on the Rev Rec 606 functionality and reporting capabilities. We are constantly working to improve our system and will take your comments into consideration for future updates.

Verified User in Computer Software
AC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

It's easy to integrate with Salesforce. Setting up the sync takes a bit of work, but the mapping is done and running, it just works seamlessly. It’s definitely made handling billing and subscriptions a lot simpler. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

Limited options for connecting Salesforce objects. It feels a bit restrictive, especially when you want more flexibility in how you map and sync data across different objects. It would be great if there were more customisation options to make the integration work even better for specific use cases. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

It solves the problem of our manual billing process. It automates a lot of the repetitive tasks, like generating invoices and managing subscriptions, which saves us a ton of time. This has helped reduce human error and ensures that everything is billed correctly and on time. Overall, it's made our billing process way more efficient and accurate. Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

Thank you for sharing your positive experience and feedback on the Maxio integration with Salesforce.

Mollie N.
MN
Customer Success Team Lead
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

Maxio makes managing payments effortless. The platform's intuitive design, speed, and reliability mean we never worry about issues. It helps us stay focused on delivering for our clients. Highly recommend! Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

It would be so nice to set up automatic "retry methods" for payments that don't go through. It is frustrating constantly going into hit "retry" on payments when customers need to add new payment methods, etc. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Maxio simplifies complex payment processes, reducing manual work and minimizing errors. This efficiency saves us time, boosts accuracy, and allows us to provide seamless service to our clients. Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

We're glad to hear that Maxio is simplifying your payment processes and improving efficiency. We're committed to providing a seamless experience for our clients.

Brook B.
BB
VP Operations
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

We have been with Chargify for 6 years and it is now embedded in our revenue tech stack. The software offers flexibility with billing for SIMPLE types of subscriptions. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

So many things...The biggest issue is that we brought a revenue reporting issue to their attention and in 3 weeks it still has not been addressed. Their support refuses to get on the phone and there is no path to escalation. When you are talking about a revenue reporting mistake that they made that has been going on for almost a full year and they refuse to get on the phone and work with you to solve it, then you do not have a partner, you have a horrible vendor.

In addition, when we first implemented the system, we were promised that specific features would be available in the API in 3 months. However, they never were created. We implemented the entire system based on their recommendations and the fact that we would be able to go deeper into the system and are now stuck with inflexible pricing models because of our implementation that was hard coded. We are now told we cannot do what we expected. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Chargify is our subscription management system. It helps with auto renewals and also connects to our payments processors. Review collected by and hosted on G2.com.

David  B.
DB
CEO
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

After using them for years, we realized that the churn rates and mrr metrics they reported on our dashboard were completely wrong and far from our reality. Because of this we misinterpreted our business performances for years!!!!!!

When we escalated the issue, after 2 weeks of back and forth saying they were fixing the problem, they ended telling us that unfortunately they won't be able to fix it and that it's better we use other data to analyse our performances!!!!

I could not believe that. I ask that all of you guys carefully review your churn data per products and try to set filters and make sure the data shown is real and not corrupted.

This is such a disappointment from an analytic company that we cannot even trust. We ll be transiting to another company after getting financial compensation for their mistakes. If any of you are in the problem, please join the case to get the right compensation for this unbeliable mistakes they keep making Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

Customer service is very slow and take at least 24 to 48 hours to acknowledge any issue Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

They have completely missed their goal of providing real and helpful insights about businesses in order to help us analyze and improve our business performances Review collected by and hosted on G2.com.

Mackenzie C.
MC
Revenue Operations, Customer Ops Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

We have used Maxio for many years for our customer billing successfully. We are able to use it for reporting on revenue with ease too. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

Setting up the Salesforce integration was not as seamless as we would have liked. The CSMs defer to the support team to help you and it would be nice if the CSM (or an SE) were more well versed on the integration and how to troubleshoot or address issues. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

system of record for billing Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

We're pleased to hear that Maxio has been a successful system of record for your billing needs.

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

The UI is very friendly, it really helps with the presentation and detail of deferred revenues to make entries in other accounting interfaces simple. It can be your every day tool to get your invoices and deferred revenues up to date. It also has integrations with ERP or accounting sistems such as Oracle Netsuite to make Saas accountign even easier. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

Creating reports can be a challenge you have to know really well the logic and fields, but reaching customer support is easy and they can help Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Keep track of deferred revenue, ARR, change over quarters, loss of clients, contractions, all of this helps to make strategic decitions to keep revenues growing Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

We're thrilled to hear that Maxio is helping you keep track of deferred revenue, ARR, and other key metrics for making strategic decisions.

Nathaniel A.
NA
Senior Accountant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

Anytime I reach out, MAxio customer service are quick to resonse and attend to my every need. LAst week, our pyment portal was off and this was rectified within 2 hours. just an amazining customer support. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

I wish advanced biling customer support can assist maxio pyments customer as well. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

All customer billing are on one platform and I love the revenue recognition as well. makes my month end revenue so easy Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

We're thrilled to hear that you've had such a positive experience with our support team! We strive to provide quick and efficient support to all our customers.

Clark R.
CR
Controller
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Maxio (formerly SaaSOptics and Chargify)?

Maxio allows us to have confidence that we never miss a renewal and we can track upcoming renewals, as well as past due renewals. There are also many great 1-click reports that we use each month to track our business growth and results. Customer support is very quick solves problems with a high success rate. Maxio also integrates with our CRM and GL which makes it a great fit. Review collected by and hosted on G2.com.

What do you dislike about Maxio (formerly SaaSOptics and Chargify)?

The cost seems high and maybe we just don't use it to its full potential. That would be the only thing that would cause us to leave to another vendor in this space. Review collected by and hosted on G2.com.

What problems is Maxio (formerly SaaSOptics and Chargify) solving and how is that benefiting you?

Organizing subscription management and reports to help manage our business. Review collected by and hosted on G2.com.

Response from Sydney Zaun of Maxio (formerly SaaSOptics and Chargify)

We're thrilled to hear that Maxio has been beneficial in organizing your subscription management and providing valuable reports for your business. We appreciate your feedback and will always continue to work on enhancing the value and cost-effectiveness of our product.