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 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.
“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.
A propos de 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.