BillingPlatform named ‘exemplary vendor’ for subscription management

BillingPlatform, the enterprise monetisation platform for up to date enterprise fashions, has launched that Ventana Analysis, a expertise analysis and technical advisory corporations firm, has ranked BillingPlatform on account of the Frequent Chief and an Exemplary Vendor in its ‘2023 Subscription Administration Worth Index’ report.

In an in depth market evaluation evaluating 21 distributors, Ventana Analysis writes, BillingPlatform was categorised as an Exemplary Vendor and was the last word phrase phrase chief on this Worth Index analysis. It ranked first in Product Expertise the place it was designated a Worth Index Chief in Usability, Reliability and Effectivity.

The Subscription Administration Worth Index is a quantified, research-based index designed to guage the maturity of software program program program program program program program program program distributors and merchandise and their price for enterprise use in subscription administration.

Structured to duplicate an RFI/RFP course of by incorporating all necessities wished to guage, choose, utilise and defend expertise and relationships with distributors, the report is an evaluation of how appropriately distributors providing will deal with enterprise consumers necessities for subscription administration software program program program program program program program program program.

Stephen Hurrell, VP & Analysis Director contained contained all through the Workplace of Earnings at Ventana Analysis, strategies, “Enterprises all by means of industries are in quest of to transform and modernise their corporations to rush up earnings with new subscription-based enterprise fashions.

“As our Subscription Administration Worth Index reveals, BillingPlatform is a expertise chief with pretty numerous connectors to extra merely combine into current ERP, CRM and fully completely fully fully completely completely completely totally different methods so enterprises can add and deal with new sources of earnings with out negatively impacting the patron expertise.”

With world prospects serving fairly just a few industries, together with software program program program program program program program program program, finance, media and leisure and communications, BillingPlatform is the one billing and earnings administration willpower contained accessible available on the market on the market accessible out there that enables enterprises to monetise any kind of product providing, from simple subscriptions to elegant usage-based pricing fashions and the whole pay attention to between, the corporate states.

BillingPlatform provides full lifecycle assist of the monetisation course of from product setup, quoting, billing and invoicing, earnings recognition, by means of price and collections all on a protected, next-generation cloud platform. The flexibleness of the platform areas enterprises accountable for a way they differentiate obtainable contained accessible out there, maximise profitability, within the discount of operational prices and enhance the patron expertise.

Dennis Wall, CEO of BillingPlatform, strategies, “The combo of being named the last word phrase phrase chief in each Ventana’s Subscription Administration Worth Index and Forrester’s latest SaaS Recurring Billing Selections Wave provides impartial and educated validation of our clear expertise administration. As Ventana well-known, our trendy product expertise and truly ambiance good ROI are fueling our progress and momentum with enterprise prospects all by means of industries and all by the globe.”

BillingPlatform has earned many accolades this earlier yr, together with being recognised on account of the Chief in Forrester Analysis’s The Forrester Wave: SaaS Recurring Billing Selections, Q1 2023, named to Constellation Analysis’s Wise Companies Digital Monetization ShortList for 2022, positioned as an Automated Earnings Administration Market Chief by MGI Analysis and named a pacesetter contained contained all through the IDC MarketScape: Worldwide Enterprise-Centered Subscription and Utilization Administration Selections 2022 Vendor Evaluation.