Category: Usage-Based Billing

What Is A Billing Mediation System & Why Does It Matter?

Posted on: September 14th, 2020 by bpadmin
billing mediation system One of the most important steps in the billing process is mediation. Often overlooked, mediation plays a huge role in how to accelerate revenue growth with innovative usage-based pricing. A billing mediation system collects data from a product’s usage and then converts and transforms the data before routing to be rated and billed. A strong

3 Ways Usage-Based Pricing Offers Higher Revenue Than Pure Subscriptions

Posted on: August 24th, 2020 by bpadmin
usage based pricing In today’s digital world, people and businesses are more connected than ever. That connectivity provides in-depth knowledge of what consumers do and how they use products/services within their daily lives. Unsurprisingly, this has companies searching for ways to dig deeper into that data so they can maximize a particular product’s use and benefits to consumers.

Infographic: Recurring Billing CFOs Poised for Innovation in 2020

Posted on: March 17th, 2020 by Jeannie Zaemes No Comments
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.

Are You Launching New Product Pricing Strategies? Read More

Posted on: March 3rd, 2020 by Dennis Wall No Comments
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

A Dynamic Pricing Strategy Approach Gives Customers Real Choice

Posted on: April 25th, 2019 by Dennis Wall
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

MachNation Talks IoT Billing Software with Nathan Shinn

Posted on: February 4th, 2019 by Nathan Shinn
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

Consumption Based Pricing: Grow Your Bottom Line & Ensure Success

Posted on: January 17th, 2019 by Dennis Wall
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