Usage-based Billing
Usage-based Billing
Transform Your billing with Advanced Usage-Based Models
Experience unparalleled flexibility with BillingPlatform’s usage-based capabilities. Bill and rate every aspect of your product's usage–whether it’s clicks, API calls, downloads, seats, text messages, minutes or bandwidth.
Our comprehensive product catalog allows you to set precise pricing, automatically convert usage into billing, invoicing and insightful reports. Effortlessly manage complex billing scenarios and gain deeper insights into your revenue streams, ensuring your business maximizes its monetization potential.
Enable Flexible and Innovative Usage-Based Pricing
BillingPlatform's innovative approach to usage-based billing provides clients with numerous advantages that help you optimize revenue and streamline operations. Among the key benefits provided by our solution are:
Innovative Pricing
Design creative usage-based billing models that allow customers to pay only for what they use.
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Configurable
Easily change or modify plans with point-and-click configuration, reacting in real-time to market changes.
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Customer-centric Billing
Clearly show customers what they pay for, aligning price with value to reduce churn and simplify billing.
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Revenue Optimization
Monetize every aspect of your product or service usage, from clicks and API calls to bandwidth use.
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Operational Efficiency
Reduce the risk of manual errors and lower your administrative overhead.
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Scalability and Adaptability
We support diverse billing models, global operations, and high transaction volumes, so you can unleash unlimited growth with enterprise scalability.
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Customer Satisfaction
Our customer portal allows real-time usage tracking and self-service options.
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Built-in Mediation
Effortlessly monetize usage-based pricing and billing with our integrated mediation engine, transforming data from any source into revenue.
Learn MoreDiscover the Power of Built-In Data Mediation to Seamlessly Monetize Your Usage-Based Billing Offerings
Effortlessly monetize usage-based billing with our integrated mediation engine, transforming data from any source into revenue.
Usage Processing“BillingPlatform combines an intuitive, modern architecture with the flexibility to let us configure it to our business needs and the ability to automate invoice processing rather than get delayed by manual processes.”
Eddie Aja, Kipu Health
Chief Financial Officer
“We’re on a mission to help our customers grow and succeed through smarter conversations, and BillingPlatform’s support of multiple languages and currencies helps us deliver. We’re looking forward to continuing our partnership with BillingPlatform as our billing and revenue management processes grow with us.”
Jonah Fink, net2phone
President
“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
Sydney Airport is one of Australia’s most important pieces of infrastructure. It is the international gateway and an essential part of the transport network, connecting to more than 90 destinations around the world. BillingPlatform enables them to manage and bill for everything from airline movement, parking, retail and more.
Sydney Airport
Innovative Pricing
Pay-as-you-go Pricing
Customers pay for exactly what they use.
For example:
$0.99 per unit
Customer buys 12 units, they pay $11.88
Configurable
Tiered Pricing
Price-per-unit based on the corresponding tier.
For example:
1 – 100 | $10 per unit |
101+ $7 | per unit |
If a customer buys 250 units they pay $2,050
$10 per unit for the first 100 units ($1,000)
$7 per unit for the next 150 unit ($1,050)
Customer-centric Billing
Volume Pricing
Price-per-unit based on the highest tier reached.
For example:
1 – 100 | $10 per unit |
101+ $7 | per unit |
If a customer buys 250 units they pay $1,750
$7 for 250 units
*Usage can be set for a specific invoice period or can accumulate over multiple invoice periods.
Revenue Optimization
Monetize every aspect of your product or service usage, from clicks and API calls to bandwidth use. With detailed analytics, our platform offers actionable insights you can use to refine pricing strategies. The flexibility of this software also enables you to create dynamic pricing models that cater to specific customer preferences so you can maximize your revenue potential.
Operational Efficiency
Thanks to automated billing operations, you can reduce the risk of manual errors and lower your administrative overhead. We provide real-time processing of usage data to ensure the most accurate billing and faster revenue recognition than ever before.
Scalability and Adaptability
BillingPlatform is capable of handling growing volumes of data and complex pricing needs for businesses of virtually all sizes. It’s configurable enough to adapt pricing models to market changes without the need for significant downtime.
Customer Satisfaction
Built with features to enhance the customer experience and satisfy customer expectations with 24/7 self-service access. Our customer portal allows real-time usage tracking and self-service options, allowing customers to review invoice details and utilize multiple payment options to stay current.
Discover the Power of Built-In Data Mediation to Seamlessly Monetize Your Usage-Based Billing Offerings
Effortlessly monetize usage-based pricing and billing with our integrated mediation engine, transforming data from any source into revenue.
Use Cases for Usage-Based Billing Software
The versatility and scalability of BillingPlatform’s software makes it the ideal solution for a wide range of industries. It has been optimized to address the unique challenges found across multiple sectors, providing powerful functionalities to bring new efficiencies into their operations. Examples of industries we serve include:
- SaaS and Cloud Services: Software-as-a-service companies typically need to bill for API calls, storage usage or active user seats. BillingPlatform’s pay-as-you-go models help them improve customer satisfaction by aligning their costs with actual usage.
- Telecom: Our solution helps telecom companies track charges for data plans, voice minutes and text messages. Its real-time data mediation ensures accurate and timely billing even for high volumes of transactions.
- Utilities and Energy: We make it easy for utilities that use metered billing to scale along with seasonal demand fluctuations with tiered pricing models.
- Streaming Media: Monetizing views, downloads or bandwidth usage patterns is simple with our flexible platform. We offer volume pricing that helps high-usage customers save money, as well.
- IoT and Connected Devices: Internet of Things providers often charge for device interactions, such as sensor data uploads. These interactions can number in the millions, but BillingPlatform’s scalability can handle the volume with no trouble.
How BillingPlatform Simplifies Usage-Based Billing
Our platform supports clients’ long-term success by being easy to set up and use. This software offers streamlined features including:
- Onboarding and Configuration: Use preconfigured templates for common recurring billing models, or configure the usage parameters yourself. Either way, it’s easy to get started and integrate with your existing systems.
- Automation and Real-Time Processing: Automated processes cut down on errors, ensure accurate billing cycles and enable faster revenue recognition. Our real-time mediation capabilities process data seamlessly from multiple sources.
- Customization and Scalability: You can easily tailor the pricing models to match your unique business requirements and scale your operations as you grow.
- Ongoing Optimization: Advanced usage analytics and reporting tools give you the power to refine your pricing strategies and identify new revenue opportunities on the fly. We provide regular software updates and ongoing support to help you address the ever-changing demands of the market.
- Customer-Centric Features: Our customer portals provide real-time usage tracking and billing transparency to enhance the customer experience. Flexible payment options cater to the diverse preferences of your customers.