Market leader in revenue lifecycle management extends contract with pioneer in cloud-based wealth accounting
SYDNEY – December 19, 2023 – BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that it has renewed its multi-year agreement with leading Australian cloud-based wealth accounting and SMSF administration software provider Class.
“More than 6,000 accounting and administration firms rely on Class’s market leading wealth management solutions, and we are extremely proud to be a critical component enabling Class to deliver a frictionless customer experience,” said Dennis Wall, BillingPlatform CEO. “This contract extension really speaks to the strong partnership we’ve built with Class, and we’re honored to support them as they expand across all of Class’s business units and other HUB24 subsidiaries.”
Since implementing BillingPlatform in July of 2021, Class has been able to automate and accelerate the billing for its Class Super, Class Trust and Class Portfolio suite of solutions. During the next phase of the rollout, BillingPlatform will also enable NowInfinity users the flexibility of in-app credit card payments for on-demand transactions for key documents. In addition, BillingPlatform’s extensive API integrations gives Class’s finance and executive teams the ability to enrich reports coming from Netsuite, Salesforce or other enterprise systems with revenue and usage data for more insightful business analysis.
“Much more than just a key part of our financial tech stack, BillingPlatform is a true partner in supporting our business as we continue to focus on customer experience and deliver market-leading solutions to accountants, auditors and SMSF administrators,” said Damien Smith, General Manager – Finance at Class. “We’ve been able to implement a range of efficiencies such as reducing our end of month revenue closing times by giving our finance team the capabilities and data required to automate the generation and delivery of customer invoices.”
BillingPlatform es la única solución de facturación y gestión de ingresos del mercado que permite a las empresas monetizar cualquier tipo de oferta de productos, desde suscripciones sencillas a sofisticados modelos de precios basados en el uso, pasando por todos los productos intermedios. BillingPlatform ofrece un soporte completo del ciclo de vida del proceso de monetización, desde la configuración del producto, la cotización, la facturación y el reconocimiento de ingresos, hasta el pago y el cobro, todo ello en una plataforma en la nube segura y de última generación. La incomparable flexibilidad de la plataforma permite a las empresas controlar su diferenciación en el mercado, maximizar la rentabilidad, reducir los costes operativos y mejorar la experiencia del cliente.
BillingPlatform has earned many accolades this past year, including being recognized as the Leader in Forrester Research’s “The Forrester Wave™: SaaS Recurring Billing Solutions, Q1 2023,” 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 2023 Subscription Management Value Index report, named to Constellation Research’s Smart Services Digital Monetization ShortList™ for 2023, positioned as an Automated Revenue Management Market Leader by MGI Research and named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications 2022 Vendor Assessment. 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 2023 Inc. 5000 and recognized by SIIA as the Best Subscription Billing Solution in the 2023 CODiE Awards.
About Class
Class is a pioneer in cloud-based wealth accounting and is recognised as one of Australia’s most innovative technology companies, delivering SMSF & trust accounting, portfolio management, legal documentation and corporate compliance solutions to financial professionals across Australia.
For further information, please visit https://www.class.com.au.
Acerca de BillingPlatform, Corp.
BillingPlatform ofrece a las empresas soluciones de software innovadoras para optimizar la generación de ingresos en todas las fases del ciclo de vida del cliente, impulsando el crecimiento mediante la agilidad operativa y una experiencia del cliente sin fricciones. Empresas de todo el mundo utilizan nuestra plataforma en la nube, líder en el sector, para optimizar el recorrido del cliente, desde la idea hasta los ingresos. Con clientes de todo el mundo en múltiples sectores, como software, finanzas, medios de comunicación, transporte y comunicaciones, BillingPlatform procesa miles de millones de transacciones y dólares cada año, lo que permite a las empresas aumentar sus ingresos, reducir costes y mejorar la experiencia general del cliente. Para obtener más información, visite billingplatform.com.