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consumption based pricing model software

Billing & Monetization

Consumption-Based Pricing Model Software: 14 Benefits You Don’t Want to Miss

Consumption-based pricing (also referred to as usage-based pricing) charges based on what you use or consume. This usage-based pricing model charges customers only for the resources consumed. For instance, let’s assume a...

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Billing & Monetization

How Does CPQ/CRM Integration Work?

More than 91% of companies (that have more than 11 employees) use customer relationship management (CRM) software. Many of those organizations plan on joining the growing number of companies in deploying a...
machine learning

Billing & Monetization

BillingPlatform Dives Into AI & ML

Machine Learning (ML) and Artificial Intelligence (AI) sounds like science fiction—the stuff that you only see in movies. But the technology is here, it’s already proving itself in the market, and it’s...
billing transformation

Billing & Monetization

Digital Billing Transformation & Why it Matters

Did you know that the digital transformation revolution began in the 1940s, which was decades before artificial intelligence (AI), the internet of things (IoT), machine learning (ML), big data, and even the...

Billing & Monetization

7 Product Features to Enhance Cloud Billing Automation

At the center of every business, regardless of the industry, are customers. When provided with exceptional service, customers can quickly become loyal brand advocates. At the opposite end of the spectrum are...

Accounts Receivable

What is Revenue Operations?

Still evolving but rapidly gaining in popularity, Gartner describes Revenue Operations (RevOps) as the newest functional role emerging in many of the fastest-growing B2B organizations. If you’re new to the term or...
quote to cash management

Billing & Monetization

How Quote-to-Cash Management Evolves Into Revenue Operations

Designed to accelerate cash flow, quote-to-cash (Q2C) processes are plagued with complexities and manual effort that lead to errors, bottlenecks, and reduced profitability. Beginning when a prospect expresses interest in your products...
best cloud billing software

Billing & Monetization

5 Things to Look for in the Best Cloud Billing Software for SaaS

The Rolling Stones were mistaken. On a worldwide basis, companies are accelerating cloud migration rather than getting off it and for good reason. If you run a SaaS business, you’re already reaping...

Billing & Monetization

Understanding consumption-based billing

The concept is simple. When you pay your utility bills – electric, gas, water – or even your mobile phone bill, you’re billed for what you used. For example, if you run...

Billing & Monetization

Optimizing Your Service Revenue Model: Key Considerations

To provide your offerings as-a-service, is your company planning or in the process of shifting to a flexible consumption model, also known as everything (or anything)-as-a-service (XaaS)? If your answer is yes,...
recurring revenue billing

Billing & Monetization

4 Tips to Projecting Cash Flow With Recurring Revenue Billing

A key indicator of your company’s financial health, cash flow – the inflow and outflow of money – is critical to staying afloat. The ability to pay expenses and reinvest in the...

Billing & Monetization

A Look Into CPQ vs. QTC

Have you decided that it’s time to swap manual processes for a software solution that will streamline your sales processes, decrease order-related errors and reduce revenue recognition delays? As part of your...
forecasting annual recurring revenue

Billing & Monetization

Forecasting Annual Recurring Revenue – What You Need to Know

As a subscription business the metrics needed to accurately forecast your annual recurring revenue – not to mention the dozens of acronyms associated with annual recurring revenue calculations – are many. Let’s...