BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced it was named to the Constellation ShortList™ for Smart Services Digital Monetization Platforms for Q3 2023. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations.
With global customers serving multiple industries, including software, finance, media and entertainment and communications, BillingPlatform is the only billing and revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.
“Coming off the heels of a record-breaking Q2 for BillingPlatform, we’re honored to be shortlisted in Constellation’s Smart Services Digital Monetization Platforms”, said Dennis Wall, BillingPlatform CEO. “The key to our success is our relentless pursuit of delivering the most flexible and innovative revenue lifecycle management solution on the market with out-of-the-box integrations to major enterprise systems and the security and cloud scale that today’s global enterprises demand on their digital transformation journey.”
“Constellation’s 6000+ buyers have begun a rationalization and optimization process for their investments. CXO’s are consolidating capabilities and reducing the number of vendors they work with,” said R “Ray” Wang, chairman and founder at Constellation Research. “As they move to core platforms, they are also seeking the best of breed solutions that bring unique business capabilities to market for their business. This year’s shortlists take into account this shift and identify which solutions truly stand out.”
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.