Leading grocery technology company looks to optimize critical finance processes with comprehensive revenue lifecycle management solution
DENVER – November 19, 2024 – BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that Instacart, the leading grocery technology company in North America, selected BillingPlatform’s Billing and Revenue Recognition solutions to streamline its billing and subscription management.
Instacart works with grocers and retailers to transform how people shop. The company partners with more than 1,500 national, regional and local retail banners to facilitate online shopping, delivery and pickup services from more than 85,000 stores across North America on the Instacart Marketplace. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services and glean insights. Thousands of CPG brands – from category leaders to emerging brands – also partner with the company to connect directly with consumers online, right at the point of purchase.
Instacart continues to experience rapid growth in its offerings, partners, customer base and transaction volume. While customers flock to Instacart for its simple, convenient and time-saving shopping experience, the company’s legacy billing technology and manual processes were being stressed. BillingPlatform now allows Instacart the ability to aggregate and reconcile the large amount of data needed to accurately invoice and book their complex transaction and billing information.
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.
“Instacart is a fast-growing company with a vision to power every grocery transaction by using its scale, partner network and advanced technology offerings,” said Dennis Wall, CEO of BillingPlatform. “We look forward to partnering with Instacart to simplify and automate its revenue management processes, enabling its finance team to focus growth and efficiency.”
BillingPlatform has earned many accolades this past year, including being named a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, being 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 awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognized as a fast-growing company on Deloitte’s Technology Fast 500™, listed on the Inc. 5000 and recognized by SIIA CODiE as the Best Subscription Billing Solution.
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.