Blog /
undefined
undefined
New Revenue Opportunities for Telecom Companies
Is your telecommunication company at the tipping point of change? Leaders in the telecom space have the opportunity to diversify their operations for even greater revenue than their current models provide. Monetizing the flow of B2B sales data alone is estimated to be valued at $33 billion by 2025 just by strategically transferring data that most vehicles already record.
Reduce Customer Churn with these 9 Proven Tactics
Did you know that customer churn costs an estimated $1.6 trillion annually in the US alone. Imagine the revenue that could be saved if companies implemented effective strategies to reduce churn.
If you're looking to reduce churn, you likely already understand its importance. Surprisingly, over two-thirds of companies lack a strategy for preventing customer churn.
The complications with SaaS revenue recognition
SaaS accounting can get really complicated, especially for enterprise level companies that have large deals and long sales cycles.
You are worse off without flexible billing
What if flexible billing could provide you with similar statistics to the graphic below?
Is your Legacy Billing System Getting in the Way of Growth?
A legacy billing system is generally an outdated platform or software that was implemented in the past to take care of bills and processing payments but is starting to become outdated with modern business practices and technology integrations.
Enhancing Salesforce with Usage Pricing
Salesforce provides a powerful set of tools for businesses from quote-to-cash allowing companies to choose from many different pricing options in which to sell their products including some flexible usage based pricing models.
A Guide to Usage-Based Pricing
Usage-based pricing. You've heard of it. You've seen the competition do it. You've had customers request it. Now you want to implement it but want to find out the ins and outs of usage-based pricing and how it will affect your business. We will help you learn all about usage-based pricing and the impact it has on your business.
Revenue Recognition Explained
Revenue recognition is the process of reporting revenue by recognizing the monetary value of a transaction or contract over time. The recognized revenue must align with the actual benefits obtained from the products or services provided. This method impacts the profits and losses on an income statement, which is crucial for financial performance reporting and investor relations.
Power of Automated Collections & Dunning
As an early-stage company, you probably track invoices manually with spreadsheets. But as your company grows and adds subscription and usage-based billing models and more customers, the number of invoices you have to track increases exponentially, as does the time required to manage them. Without an automated system in place to keep track of overdue invoices and automate your collections, you'll lose money.