For the second consecutive year the revenue lifecycle management company received the highest ratings for technology excellence and customer impact out of 20 vendors
DENVER – December 5, 2024 – BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that QKS Group, formerly Quadrant Knowledge Solutions, a leading global advisory and research firm, named BillingPlatform the overall Leader in its SPARK Matrix™: Subscription & SaaS Billing Management Applications, 2024 report. For the second year in a row, BillingPlatform scored the highest out of 20 vendors when QKS Group analyzed market solutions against key technology excellence and customer impact criteria. This also marks the seventh time in the last two years that BillingPlatform has been ranked a Leader in reports from influential industry analyst firms.
QKS Group’s SPARK Matrix™ provides a snapshot of the market positioning of the key market participants. SPARK Matrix provides a visual representation of market participants and provides strategic insights on how each supplier ranks related to their competitors, concerning various performance parameters based on the category of technology excellence and customer impact. QKS Group’s Competitive Landscape Analysis is a useful planning guide for strategic decision-making, such as finding M&A prospects, partnerships, geographical expansion, portfolio expansion, and similar others.
According to the report, “the Subscription & SaaS Billing Management Application market is poised for significant growth, driven by an increasing shift towards subscription-based revenue models, the rise of AI-powered automation, and the need for more flexible pricing structures.” After analyzing BillingPlatform, QKS Group noted that we offer “a robust, AI-powered platform that handles complex revenue lifecycle management” and became “a leader in the industry by offering a complete solution for businesses to optimize their order-to-cash processes.”
“BillingPlatform stands out in the billing and revenue management market with its innovative and comprehensive solutions that cater to various business models,” said Akaash Ravikumar, senior analyst, QKS Group. “Its robust features, such as built-in mediation, advanced automation, seamless integrations, and support for global operations, make it an ideal choice for enterprises looking to optimize their billing processes and enhance customer experiences.”
BillingPlatform est la seule solution de facturation et de gestion des revenus sur le marché qui permet aux entreprises de monétiser n'importe quel type d'offre de produits, des simples abonnements aux modèles de tarification sophistiqués basés sur l'utilisation, et tout ce qui se trouve entre les deux. BillingPlatform prend en charge l'intégralité du cycle de vie du processus de monétisation, depuis la configuration du produit, l'établissement de devis, la facturation, la reconnaissance des revenus, jusqu'au paiement et au recouvrement, le tout sur une plateforme cloud sécurisée de nouvelle génération. La flexibilité inégalée de la plateforme permet aux entreprises de contrôler la manière dont elles se différencient sur le marché, de maximiser la rentabilité, de réduire les coûts opérationnels et d'améliorer l'expérience des clients.
“QKS Group’s thorough and detailed analysis of the subscription and SaaS billing market highlights the need of global enterprises to support complex pricing models, leverage AI-driven automation and benefit from turnkey integrations with ERPs, CRMs and other enterprise systems,” said Dennis Wall, BillingPlatform CEO. “As we continue to see significant customer momentum and larger deals, our focus and commitment to customer value and platform innovation is also reflected in being ranked a leader in seven industry analyst reports in the past two years.”
BillingPlatform has earned many recent accolades, 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
- Evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing
- 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
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.
About BillingPlatform, Corp.
BillingPlatform offre aux entreprises des solutions logicielles innovantes pour optimiser la génération de revenus à chaque étape du cycle de vie du client, en favorisant la croissance grâce à l'agilité opérationnelle et à une expérience client sans friction. Notre plateforme de pointe, basée sur le cloud, est utilisée par des entreprises internationales pour optimiser le parcours du client, de l'idée au chiffre d'affaires. Avec des clients internationaux dans de nombreux secteurs, notamment les logiciels, la finance, les médias, les transports et les communications, BillingPlatform traite des milliards de transactions et de dollars chaque année, permettant aux entreprises d'augmenter leurs revenus, de réduire leurs coûts et d'améliorer l'expérience globale de leurs clients. Pour en savoir plus, visitez billingplatform.com.