Alguna - The modern Maxio alternative for SaaS teams that want a unified revenue platform

What’s Alguna?

Alguna is an end-to-end revenue management platform tailored for scaling B2B SaaS companies. Instead of relying on stitched-together point solutions or legacy systems, Alguna was designed from day one to handle complex, usage-based, and hybrid pricing models. The platform enables no-code quote-to-cash automation (including e-signature workflows) along with real-time revenue and usage analytics. 

The team at Alguna is setting a new standard when it comes to no-code configuration empowering Growth, RevOps, and Finance teams across the globe to automate complex revenue workflows in no time. The platform is purpose-built for companies that have outgrown Stripe Billing but don’t want the complexity of legacy billing stacks like Maxio or Chargebee.

What’s Maxio?

Maxio (formerly Chargify + SaaSOptics) is a mature financial operations suite focused on enterprise compliance. It covers the full subscription lifecycle including catalog management, recurring invoicing, automated dunning, and GAAP/IFRS-compliant revenue recognition.

Maxio’s strength is in robust financial reporting as it offers built-in SaaS metrics dashboards and advanced revenue schedules.

How Alguna and Maxio compare

Below, we’ll walk through the main differences across key aspects you want to consider when evaluating revenue management platforms.

Purpose and philosophy

Alguna was purpose-built to remove silos between pricing, quoting, billing, and analytics. For fast-scaling SaaS teams, Alguna’s unified no-code approach to revenue operations results in lower total cost of ownership and faster time to value.

Maxio was built by integrating three separate platforms, SaaSOptics, Chargify, and RevOps (not fully integrated yet). Years after the merger, customers still report a disjointed experience and the platform feels “cobbled together” as billing, revenue recognition, and quoting are separate modules that require configuration to play nicely.

Subscription and usage-based billing

Alguna provides a unified product catalog and quote-to-cash flow. Its no-code UI lets RevOps teams define complex plans, including tiered, metered, and hybrid pricing. Alguna shines at combining self-serve (PLG) subscription plans with custom enterprise deals in one system.

Alguna includes built-in usage metering and consumption billing as a first-class feature. It can ingest any usage events and automatically bill overages or usage fees per customer.

Maxio’s Chargify core handles standard subscription setups (with contract-term billing) in a traditional SaaS manner. Maxio also manages product catalogs and renewals out of the box, but pricing customization often requires developer resources or professional services. While Maxio does support usage and metered models (via its Chargify-derived “Advanced Billing”), but it requires extra engineering integration and ongoing maintenance.

Quote-to-Cash (CPQ) capabilities

Alguna offers a complete CPQ workflow for sales teams to build quotes, route approvals, capture e-signatures, and have signed quotes flow into invoicing automatically. Alguna’s no-code interface lets non-technical teams configure any pricing model such as recurring plans, metered usage, one-time fees or prepaid credits—without engineering help. 

Reps can build custom order forms by selecting products or usage metrics and setting fees, billing intervals, trials, and discounts. For example, you can specify a free trial period, minimum/maximum spend per billing cycle, or percent discounts on the quote. Once a quote is accepted (signed by the customer), Alguna immediately converts it into active subscription(s) in the billing system.

This automation eliminates tedious manual handoffs. Instead, line items from the signed quote turn into invoice and subscription lines automatically. Next, payments can be collected via integrated gateways (such as Stripe) or Alguna’s own “BankPay” feature all within the platform.

Throughout this process Alguna updates its revenue and invoicing dashboards in real-time, so Finance always has a single source of truth for revenue movements and cash flow (versus reconciling spreadsheets).

Maxio doesn’t offer built-in CPQ capabilities yet, but they’re currently integrating CPQ capabilities following their RevOps acquisition.

⚠️ Note: Historically, Maxio has required the addition of external quoting tools and manual handoff resulting in more complexity configuring workflows end-to-end.

Revenue workflow automation

Alguna brings the entire quote-to-revenue process together in one no-code platform to close the gap across revenue channels. It starts with a flexible CPQ module where Sales or RevOps teams can configure any combination of pricing models—fixed subscriptions, tiered plans, usage-based billing, one-time fees, and prepaid credits.

Creating a quote doesn’t require engineering help as users select products and pricing rules in Alguna’s intuitive UI, set contract terms (like billing frequency and minimum commitments), and send branded quotes to customers. Each quote includes an embedded e-signature, so as soon as the customer signs, the deal is automatically activated without any manual re-entry.

Once the quote is signed, Alguna automatically generates the subscription and invoicing schedules based on the contract. Usage tracking happens in real-time, so if you bill by consumption (API calls, GB used), usage events flow into Alguna via API or CSV uploads.

At the end of each billing cycle, Alguna aggregates usage, applies pricing rules, and generates invoices. Dunning workflows, like payment retries and customer reminders, are fully automated. Because all pricing, quoting, billing, and usage data live in the same system, Finance teams get accurate MRR/ARR calculations, revenue forecasts, and customer balances without reconciling spreadsheets.

Finally, Alguna exports or syncs with your accounting system (QuickBooks, NetSuite, Xero). Multi-entity and multi-currency billing are built in, so invoices can be issued by different legal entities with local tax rules applied automatically.

The result is a modern revenue workflow where Sales, RevOps, Finance, and Growth teams collaborate in a single platform, removing the friction of separate CPQ, billing, and revenue recognition tools.

Maxio focuses on providing a finance-centric workflow that integrates quoting, subscription management, and GAAP-compliant revenue recognition. The process starts with its newly incorporated CPQ engine, where Sales can create quotes using predefined product catalogs, volume-based pricing tiers, and discounting rules. Quotes are generated through guided templates that automatically enforce pricing policies and legal terms.

Once signed, active contracts are pushed into Maxio’s billing engine, which manages recurring invoicing, usage-based billing, and collections. For metered billing, usage events are ingested via API or batch files, and Maxio calculates overage fees or consumption charges. Each invoice reflects the agreed pricing terms and any usage, with dunning workflows automatically retrying failed payments or notifying customers

Where Maxio stands out is in advanced revenue recognition. Every invoice triggers an automated revenue schedule based on ASC 606 or IFRS 15 rules. For example, if you pre-bill an annual contract, Maxio defers the revenue and systematically recognizes it monthly over the term. Finance teams can pull reports on recognized vs deferred revenue, sync journal entries to their ERP, and prepare audit-ready schedules without maintaining separate spreadsheets.

Maxio’s focus on compliance and structured accounting makes the platform a good fit for larger SaaS companies that need to be audit-ready.

Revenue workflow checklist

*Maxio recently acquired RevOps.io and isn’t offering fully integrated CPQ capabilities yet.

Analytics and reporting

The Revenue Insights Dashboard in Alguna offers an immediate overview of your key financial metrics, including total revenue, recurring and non-recurring revenue.

You’ll also find detailed invoice information, breaking it down into paid, pending, and total amount invoiced. You can see a breakdown of your invoices during the selected period, grouped by status.

Maxio provides rich out-of-the-box reporting for SaaS metrics (MRR, ARR, churn, etc.) and financial ledgers. Finance teams can set up configurable dashboards for key KPIs.

Integrations and flexibility

Alguna makes sure your sales pipeline and general ledger systems can stay aligned with billing. You can sync with Salesforce, HubSpot, Zoho and other CRMs, and with accounting/ERP tools like QuickBooks, Xero, and NetSuite. Alguna is gateway‑agnostic, meaning you can route payments through any processor (like Stripe) or use Alguna’s own processor and bank/ACH solution (AlgunaPay) for direct debits.

Maxio likewise integrates with Salesforce and HubSpot for order data, and with NetSuite, QuickBooks, Xero for financial sync. Maxio natively supports major processors such as Stripe and PayPal, and can connect to other gateways, but some workflows require multiple modules to sync properly.

Developer experience

Alguna is built as a no-code platform but still offers an API first approach. Teams typically need minimal code to implement common billing workflows. Billing operations can be adjusted through the UI without engineers. For example, Alguna emphasizes that anyone can “configure complex pricing without engineering resources”. It also offers APIs for integration, 

Maxio has a mature API and developer portal (reflecting its 2011-era Chargify roots), but leveraging its full power may require more technical effort. In practice, Alguna reduces the need for custom development in typical use cases, while Maxio provides flexibility through APIs and custom scripts if you need it (at the cost of more setup).

Best-fit use cases

Alguna is the best choice for fast-moving B2B SaaS teams (including fintech and AI companies) that need flexibility. Its no-code revenue engine appeals to both Growth and RevOps who experiment with plans while delivering a great invoicing experience for their customers.

You no longer have to choose between faster time to close, billing accuracy, or more control. With a platform that serves as a single source of truth, you can finally close the gap between revenue teams.

Alguna is best for:

✅ SaaS companies looking for a purpose-built platform to automate complex revenue workflows end to end, without relying on developers.

✅ Teams that prefer an all-in-one solution for pricing, quoting, billing, and analytics to unify their revenue channels across the customer lifecycle

✅ RevOps teams that prefer no-code setup and self-service configuration

Maxio is a good choice for finance-led SaaS companies with complex accounting needs. Its strength in GAAP-compliant revenue recognition and financial reporting serves CFOs and accounting teams. Maxio is often chosen by companies that prioritize audit-ready billing and accounting integration. 

In general, if your priority is robust revenue accounting and established workflows (and if you have engineering support for integration), Maxio is a strong fit.

Maxio is best for:

✅ Large finance teams that need advanced revenue recognition and GAAP compliance

✅ Enterprises prepared for more complex implementation and onboarding

✅ Companies that are ready to invest engineering resources in their billing setup

Alguna vs Maxio: Product overview

Pricing and value

Alguna charges a flat fee for its platform with plans starting at $399 per month (including onboarding). This fixed-pricing approach means costs are predictable and not tied to transaction volume. For a growing SaaS company, Alguna’s flat rate offers complete cost transparency and makes it easier to budget.

Maxio uses usage and revenue-based tiers and pricing begins around $599 per month for up to $100k in monthly billings. The cost increases with additional features, users, and revenue processed. This usage-tier model means new startups pay less at low volume, but costs can rise sharply as billing scales.

💡 Pro tip: Evaluate Alguna’s and Maxio’s billing structures based on your company’s predicted volume and growth. Alguna’s cost is fixed which offers stability, whereas Maxio’s pricing will scale with revenue which can become expensive at high volumes.

Which one should you choose?

While both Maxio and Alguna are capable billing solutions, their approaches—and strengths—are very different.

Maxio is a mature, feature-rich platform that excels at handling compliance and large-scale usage billing, but its legacy of merged products means more complexity, heavier engineering requirements, and a steeper learning curve.

By contrast, Alguna is a modern, purpose-built platform designed specifically to unify pricing, quoting, and billing for scaling SaaS teams. It offers simpler onboarding, more flexible no-code configuration, and an all-in-one workflow that empowers RevOps and Finance without developer bottlenecks.

For growing SaaS companies who value agility, simplicity, and speed to revenue, Alguna is increasingly the better fit.