Category: Usage-Based Billing
We recently discovered that innovation is a top priority for CFOs in 2020. We surveyed over 300 finance executives at large US-based companies. The following infographic summarizes key points from the survey, where we sought to understand the business priorities and the technology challenges that CFOs are prioritizing. The results may surprise you.
We asked 300 finance executives at US-based companies what they are most excited and concerned about in 2020. We learned how enterprises are approaching today’s dynamic markets and tech disruption. The overarching theme we discovered is that finance leaders are prioritizing revenue innovation. They want to create new sources of growth without deploying massive amounts
In the digital economy, it’s important that businesses can create pricing packages to meet customer needs. A flexible pricing strategy stems from adaptive billing systems that don’t get pinned down to one pricing model. Today’s customers expect more than flat-rate subscriptions. Your business needs to offer the options they demand. BillingPlatform’s supports every business model
Usage-based pricing and subscription models are prevalent in every aspect of our business lives. If you own a cellphone, a television, or have used ride-share, you have been exposed to both usage-based and subscription based pricing. If both models are so common in our everyday lives, how do companies know which model to use to
One of the most important steps in the billing process is mediation. Often overlooked, mediation plays a huge role in how usage data becomes customer invoices. Historically, mediation has either been developed in house by IT resources, outsourced to third-parties or performed manually by the finance team. Today, sophisticated billing systems can automate mediation to
Recently, BillingPlatform co-founder and Chief Strategy Officer, Nathan Shinn, sat down with MachNation president, Steve Hilton, for a podcast discussion on Monetizing the Internet of Things (IoT). Listen to the full episode here. Nathan’s timely conversation highlights the explosive potential behind IoT. Current estimates point to 8.4 billion connected devices today, this includes everything from
Business is changing. Evidence of this can be found anywhere you turn. Ford Motor Company, for example, has branched out with Ford Smart Mobility, a mobility services arm of Ford. Most recently, Ford X purchased Spin, a dockless electric scooter sharing company based in San Francisco, for $40M. How do monolithic, decades old businesses begin