Mortgage industry’s leading digital closing provider deploys innovative billing technology
DENVER – August 28, 2024 – BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that Snapdocs, the mortgage industry’s leading digital closing provider, has gone live with its Billing solution. Under the agreement, Snapdocs will digitally transform its billing and revenue management. This will help Snapdocs continue creating a faster, transparent and error-free process for its customers.
Snapdocs automates the home mortgage experience by connecting people, processes and technologies that power the industry. Through its proprietary AI technology, hands-on customer service and extensive partner network, Snapdocs enables market-leading lenders and title companies to transform a traditionally manual and paper-intensive process into a fully automated, referral-worthy closing experience. Snapdocs digitizes all loans regardless of loan type and allows borrowers to preview and eSign closing documents before the signing appointment.
Snapdocs works with hundreds of lenders and title companies as well as over 100,000 settlement agents and 140,000 qualified notaries, ensuring a best-in-class digital experience that supports 1 in 4 US residential real estate transactions. As the company scaled and billing became more complex, Snapdocs recognized it needed to automate its revenue management to keep pace with its growth and selected BillingPlatform after reviewing all the billing vendors.
“The mortgage closing process can be long, stressful and still mostly manual. Snapdocs automates the interactions between lenders and title companies with a unified platform that simplifies the process from beginning to end,” said Jason Anderson, Head of Finance at Snapdocs. “As a result of our steady growth, we needed to streamline our revenue management processes. BillingPlatform offers us the automation, scale and flexibility to launch and bill for our core and new products as our business continues to expand.”
BillingPlatform ist die einzige Abrechnungs- und Ertragsmanagementlösung auf dem Markt, die es Unternehmen ermöglicht, jede Art von Produktangebot zu monetarisieren, von einfachen Abonnements bis hin zu ausgeklügelten nutzungsbasierten Preismodellen und allem dazwischen. BillingPlatform unterstützt den gesamten Lebenszyklus des Monetarisierungsprozesses - von der Produkteinrichtung, Angebotserstellung, Rechnungsstellung und -erstellung, Umsatzerfassung bis hin zu Zahlung und Inkasso - alles auf einer sicheren Cloud-Plattform der nächsten Generation. Die unvergleichliche Flexibilität der Plattform gibt Unternehmen die Kontrolle darüber, wie sie sich auf dem Markt differenzieren, die Rentabilität maximieren, die Betriebskosten senken und das Kundenerlebnis verbessern können.
“The Snapdocs platform ensures a fast, convenient and error-free digital closing every time, which is why the company is the market leader,” said Dennis Wall, CEO of BillingPlatform. “Snapdocs also highlights the importance of our platform and the ability to support their existing business as well as new products.”
BillingPlatform has earned many accolades this past year, including being named a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, recognized as the Leader in Forrester Research’s “The Forrester Wave™: SaaS Recurring Billing Solutions,” being evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, ranked as the Overall Leader and an “Exemplary Vendor” in Ventana Research’s Subscription Management Value Index report, named to Constellation Research’s Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research, named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment and positioned as the leader in Quadrant Knowledge Solutions SPARK Matrix™ Report for Subscription and Billing Management. The company was also recognized for a fourth year in a row as a fast-growing company on Deloitte’s Technology Fast 500™, honored by Best in Biz Awards for its fourth consecutive year, listed on the 2024 Inc. 5000 for a fourth year in a row and recognized by SIIA for the second consecutive year as the Best Subscription Billing Solution in the CODiE Awards.
Über BillingPlatform, Corp.
BillingPlatform unterstützt Unternehmen mit innovativen Softwarelösungen, um die Umsatzgenerierung in jeder Phase des Kundenlebenszyklus zu optimieren und das Wachstum durch betriebliche Agilität und ein reibungsloses Kundenerlebnis zu fördern. Unsere branchenführende, cloudbasierte Plattform wird von globalen Unternehmen genutzt, um die Customer Journey von der Idee bis zum Umsatz zu optimieren. Mit globalen Kunden aus verschiedenen Branchen, einschließlich Software, Finanzen, Medien, Transport und Kommunikation, verarbeitet BillingPlatform jedes Jahr Milliarden von Transaktionen und Dollars und ermöglicht es Unternehmen, ihren Umsatz zu steigern, Kosten zu senken und die allgemeine Kundenerfahrung zu verbessern. Um mehr zu erfahren, besuchen Sie billingplatform.com.