Dynamic Billing
Dynamic Billing
Unlock Creative Pricing Strategies with Dynamic Billing Solutions
BillingPlatform empowers businesses with the flexibility to deploy dynamic pricing schemes using mathematical, logical operators or functions. Maximize revenue from your unique offerings effortlessly.
Core Capabilities
Maximize Your Unique Products & Services
Ultimate Flexibility
Enjoy unparalleled flexibility in setting and adjusting the product and services prices with simple point-and-click configuration.
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Pricing Power
Align product pricing to reflect both cost and value, ensuring optimal returns on your offerings.
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Increase Revenue
Enhance your profitability with effective pricing strategies and tactics designed to maximize your return on sales.
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Event-Based Billing
Automatically generate invoices in response to predefined events tied to usage or account/product changes.
Learn More“We selected BillingPlatform because it is an enterprise-grade solution that can seamlessly and efficiently support our diverse billing requirements. BillingPlatform’s functionality, including its ability to defer revenue with automated revenue recognition and scalability, supports operational efficiencies so we can focus on delivering new solutions across our customer base.”
Brian Herb, CCC Intelligent Solutions
Chief Financial Officer
“Because of BillingPlatform’s extensive integration capabilities coupled with an in-depth security and controls library, the company has added new subscription and charge methods, such as automatic renewals, over-consumption charges, and credit on-record features.”
Magin Arias Colmenero, Clear Channel
International IT Services Manager
“With the single solution from BillingPlatform, we reduced the complexities associated with our quote-to-cash processes, including the ability to automate billing and subledger entries to the general ledger. The results speak for themselves – from optimizing total cost of ownership through no/low-code configuration to realizing operational efficiencies by eliminating manual processes – the savings are significant.”
Tony Gaglione, DirectTV
Director of Engineering
“BillingPlatform will be a key strategic enabler of our future growth initiatives based on its ability to handle our sophisticated business, easy-to-use interface, scalability and its enterprise-class security to help our mobile operator customers more easily manage and consume our infrastructure and services to optimize their networks.”
Lena Bettermann, Vantage Towers
Head of Supply Chain, Vantage Towers
Ultimate Flexibility
Formula-Based Pricing
Calculate product prices using formulas that consider multiple conditions and attributes, using the same concepts as spreadsheet formulas.
Examples: pricing based on physical dimensions (such as length and width) or pricing based on distance traveled plus time of use.
Pricing Power
Time-Based Pricing
Set pricing based on effective dates and times of day that services are used.
Examples: charge based on time of day – charge more during rush hour versus using the service mid-day, or pay more for streaming service from 8:00 pm – 10:00 pm than other times of the day.
Increase Revenue
Demand-Based Pricing
Implement dynamic pricing that adjusts according to customer demand fluctuations, also known as surge pricing.
Examples: charge more for an airline ticket 3 days in advance of take-off or charge more for remaining parking spots as availability declines.
Event-Based Billing
Event-Based Billing
Automatically generate invoices in response to predefined events tied to usage or account/product changes.
This approach allows for the segmentation of charges into smaller invoices that can be routed to different payers in real-time, ensuring a steady revenue stream.
Example: bill based on project acceptance, delivery milestones or percentage completion.