BillingPlatform named ‘exemplary vendor’ for subscription management

BillingPlatform, the enterprise monetisation platform for contemporary enterprise fashions, has launched that Ventana Evaluation, a experience evaluation and technical advisory corporations company, has ranked BillingPlatform as a result of the Common Chief and an Exemplary Vendor in its ‘2023 Subscription Administration Value Index’ report.

In an in depth market analysis evaluating 21 distributors, Ventana Evaluation writes, BillingPlatform was categorised as an Exemplary Vendor and was the final chief on this Value Index evaluation. It ranked first in Product Experience the place it was designated a Value Index Chief in Usability, Reliability and Performance.

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

Structured to duplicate an RFI/RFP course of by incorporating all requirements wished to guage, select, utilise and protect experience and relationships with distributors, the report is an analysis of how properly distributors offering will take care of enterprise shoppers requirements for subscription administration software program program.

Stephen Hurrell, VP & Evaluation Director inside the Office of Revenue at Ventana Evaluation, suggestions, “Enterprises all through industries are searching for to rework and modernise their corporations to hurry up earnings with new subscription-based enterprise fashions.

“As our Subscription Administration Value Index reveals, BillingPlatform is a experience chief with quite a lot of connectors to additional merely mix into present ERP, CRM and totally different strategies so enterprises can add and deal with new sources of earnings with out negatively impacting the consumer experience.”

With world prospects serving a lot of industries, along with software program program, finance, media and leisure and communications, BillingPlatform is the one billing and earnings administration decision within the market that allows enterprises to monetise any kind of product offering, from straightforward subscriptions to elegant usage-based pricing fashions and the whole thing in between, the company states.

BillingPlatform gives full lifecycle help of the monetisation course of from product setup, quoting, billing and invoicing, earnings recognition, through payment and collections all on a protected, next-generation cloud platform. The flexibleness of the platform locations enterprises accountable for a way they differentiate on the market, maximise profitability, reduce operational costs and improve the consumer experience.

Dennis Wall, CEO of BillingPlatform, suggestions, “The combo of being named the final chief in every Ventana’s Subscription Administration Value Index and Forrester’s newest SaaS Recurring Billing Choices Wave gives neutral and expert validation of our clear experience administration. As Ventana well-known, our trendy product experience and highly effective ROI are fueling our progress and momentum with enterprise prospects all through industries and across the globe.”

BillingPlatform has earned many accolades this earlier yr, along with being recognised as a result of the Chief in Forrester Evaluation’s The Forrester Wave: SaaS Recurring Billing Choices, Q1 2023, named to Constellation Evaluation’s Wise Firms Digital Monetization ShortList for 2022, positioned as an Automated Revenue Administration Market Chief by MGI Evaluation and named a pacesetter inside the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Utilization Administration Features 2022 Vendor Analysis.

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