Security & Control

Security & Control

Best-in-Class Enterprise-Grade Security to Minimize Risk and Ensure Compliance

In today’s global marketplace, compliance and security are paramount for any business. Designed with a focus on enterprise security, BillingPlatform stands as the most secure cloud-based billing and monetization solution available.

Core Capabilities

In Today’s Market, Data Security Is Crucial. BillingPlatform Offers a Cloud-Based Secure Billing Solution That Adapts to Any Data Privacy Standards

Secure Architecture

BillingPlatform protects and encrypts confidential customer and billing data within our secure, cloud-based architecture.

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Global Compliance

Align your billing processes with global regulatory standards and country-specific legislation.

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Application-Level Encryption

Protect your sensitive data with robust application-level encryption.

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Role-based Permissions

Define user-specific roles to ensure private customer data is only shared with those in your enterprise who absolutely need it.

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Sharing Groups

Restrict access to specific records based on configurable rules, ensuring users only access authorized data.

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Advanced Approvals

Streamline change requests for custom entities, products, packages, pricing, contract rates and rate class adjustments using the approvals framework.

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Audit History

BillingPlatform audit history provides easily accessible records of system changes for efficient auditing

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We chose BillingPlatform because they created a flexible, versatile billing solution that helps improve and streamline our financial processes after years of using our home-grown system. Their platform will make Asurint’s invoice process easy for both the accounting team and our clients, and only enhances the unparalleled support and service we already offer that keep our clients happy. Asurint is excited to garner the immense benefits of this new partnership.”

Brent Sission, Asurint

CFO

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“We look forward to partnering with BillingPlatform to extend our reach to even more businesses and provide best-in-class billing and payment technology to our joint customers.”

Andrew Gilboy, GoCardless

General Manager, North America

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“Our partnership with BillingPlatform provides us with a configurable solution that fits into our broader revenue lifecycle ecosystem to help us meet our complex billing needs, initially for our Treasury Services and Trade Finance business. BillingPlatform will be an integral part of our transformation to streamline the customer experience.”

Jill Jensen, J.P. Morgan Payments Technology

Managing Director

“As part of a broader initiative to digitally transform our operations, BillingPlatform stood out in the market, not only for its innovative technology, but also its consultative approach to understand the intricacies of our business and how best to support it.”

Murray Walton, IDP

CFO

Secure Architecture

Enterprise-Grade Security

Our secure billing software safeguards private customer data with proactive threat detection, continuously monitoring for malicious activity and unauthorized behavior. It includes traffic monitoring for abnormalities, multi-factor authentication and a rigorous source code review process to help identify, prioritize and resolve issues.

BillingPlatform adheres to the PCI security standard for credit card payment processing and supports the DKIM protocol for secure email communication from our solution.

Global Compliance

Align Compliance to Any Standard

BillingPlatform enables customized billing practices across domestic and international business units in compliance with current accounting standards.

  • Align revenue recognition with ASC 606 and IFRS 15 to meet regulatory requirements
  • Our secure billing system maintains internal controls over financial reporting and customer data privacy with SOC 1 & 2 compliance
  • Secure customer payments and personal information with GDPR and PCI-compliant billing software

Application-Level Encryption

Keep Your Customer Data Secure with Secure Billing Services

Application-level encryption is widely-recognized as the most secure method for safeguarding enterprise data. Unlike merely securing data at-rest, this approach ensures that only authenticated users with the appropriate privileges can access sensitive data.

BillingPlatform employs this method by encrypting highly sensitive and user-defined data before storage, adhering to FIPS 140-2 encryption Level 2 and Level 3 standards.

All encryption and decryption processes occur using encryption keys managed directly by customers. This approach guarantees that customers retain full control over the access levels granted to their data.

Role-based Permissions

Manage User Access and Track Changes

BillingPlatform provides comprehensive control over user access and permissions within your solution.

Manage access to objects and interfaces with precise Read, Create, Update and Delete permissions. Control sharing settings for secure billing dashboards and reports.

Maintain a clear audit trail of all changes made. BillingPlatform ensures that confidential customer data is shared appropriately, enhancing security and compliance at all times.

Sharing Groups

Manage Groups and Records Access

Enhance data and application security with Sharing Groups, a feature that restricts access to specific records based on user assignment. Users within designated Sharing Groups access only the data authorized for that group.

This capability is ideal for extending application features in customer portals while mitigating the risk of exposing incorrect information or limiting access based on geographical location.

Advanced Approvals

Streamline Approvals with a Single Interface

Customers can configure which data changes require approvals, routing requests to designated approvers and establishing single or multi-level approval chains based on request significance.

The approval dashboard consolidates pending and past approvals into a single interface, facilitating quick actions like:

  • Approval
  • Rejection
  • Withdrawal/Resubmission
  • Cancellation

The framework supports “approval by exception,” designed for minimal disruption to operations.

Audit History

Track System Changes with Audit Logs

Audit logs centralize all user activity, enabling customers to track changes on any data element, including changes to configuration and data modifications to see what actions users performed, what changed and when. These changes are tracked at a field level, offering insight into the most granular data modifications over time.

With BillingPlatform’s SOC compliant solution, you gain robust internal controls essential for financial reporting and auditing, ensuring regulatory compliance and data integrity.