Lago

Lago is a comprehensive open-source software designed to address the complex needs of metering and usage-based billing. The platform offers a flexible architecture that allows users to choose between self-hosted or cloud-based deployments, making it adaptable to various business environments. Lago supports a robust event-based architecture enabling scalable business models. Key functionalities include:

1. Usage Metering: Capture and analyze customer consumption data through event-based metrics, allowing businesses to monitor and charge based on actual usage.
2. Invoicing: Automate the generation of invoices based on defined billing models, ensuring timely and accurate billing for customers.
3. Flexible Pricing Plans: Create customizable price plans tailored to different usage scenarios, enhancing pricing flexibility.
4. Instant Charges: Facilitate immediate billing for on-demand services, improving cash flow management.
5. Customer Portal: Provide clients with a self-service portal to view invoices, manage subscriptions, and track usage.

Lago's architecture not only addresses the billing needs of various industries such as fintech and SaaS but also integrates seamlessly with major platforms like Stripe and Salesforce. With extensive documentation and API references available, developers can easily implement and customize Lago to meet their specific requirements. Lago's commitment to fair pricing without revenue cuts or lock-ins makes it a compelling choice for businesses looking for a reliable billing solution.