Billing can be complex. And revenue control in billing is an important part of ensuring your customers are happy, your business succeeds, and the rest of the business functions well. Business solution providers are looking to remove friction from the selling motion, get paid faster, get paid more accurately, and be assured their customers are paying on time. The good news is that this can all be achieved with a comprehensive quote-to-cash strategy for B2B billing.
In the last few years, we have seen an enormous shift in the way SaaS companies carry out their billing processes. While many software companies once held a one-time purchase approach, the landscape has evolved. Many businesses are choosing flexible subscription and usage-based billing models as they offer several benefits including a steady stream of recurring revenue.
You have an outstanding SaaS product with features that provide great value to your customers. But how do you price the product to remain competitive yet not compromise with profits?
Industry reports assume that all connected devices will run 24 hours per day for seven days. But will they all run continuously?
As the demand for flexible and efficient Billing/OSS platforms continues to skyrocket, service providers are feeling the pressure to adjust their models to remain competitive. We currently exist in a unique and exciting atmosphere - The Usage Economy - where customers are seeking systems based on value of usage for services that reflect the customer-experience delivered.