Latest news with #BillingPlatform
Techday NZ
2 days ago
- Business
- Techday NZ
BillingPlatform unveils RevenueIQ suite to boost AI in finance
BillingPlatform has launched RevenueIQ, an AI suite aimed at supporting accounting teams in analysing, planning, and managing financial operations. RevenueIQ integrates conversational artificial intelligence and custom-trained AI models with billing data to help organisations make decisions more efficiently and with connected financial intelligence. According to Dennis Wall, Chief Executive Officer at BillingPlatform, "In terms of enterprise data sources, billing contains a rich record of customer interactions, transactions and operational processes, making it ideal for analysing product usage, sales, revenue, customer behaviour and other trends." "Combined with RevenueIQ's AI capabilities, it empowers CFOs to optimise cash flow, maximise revenue, drive efficiency, elevate the customer experience and accelerate business agility – and delivers on our promise of 'One Platform, Infinite Possibilities.'" The RevenueIQ suite is comprised of several key functionalities intended to automate processes, provide predictive insights, and tailor AI solutions to individual customer requirements. AI-powered efficiency RevenueIQ features Copilot, a tool that enables users to navigate the platform, generate reports, and request assistance via a natural language chat interface. This allows tasks such as querying outstanding receivables by customer or managing invoices to be completed using simple conversational prompts. Business process automation The system incorporates Contextual AI, which allows users to describe business requirements in plain language and then automatically convert those instructions into automated processes. This functionality is designed to reduce manual and repetitive work, enabling faster delivery of offerings and improving productivity without the need for programming knowledge. For example, users can establish and automate late fee policies through a description alone, with the application handling the configuration and execution of those policies. Predictive financial intelligence RevenueIQ leverages predictive analytics to deliver insights and forecasts on key financial metrics, including cash flow, collections, revenue, and churn rates. Finance leaders can use these analytics to automate proactive actions. An example cited is the ability to forecast cash flow for the upcoming quarter. Customisable AI models Through its AI Studio, the suite enables organisations to adapt and train AI models that correspond with their unique configurations, datasets, and business processes. Users can choose from pre-trained models or develop new ones, including anomaly detection features such as recognising irregularities in invoice data. The RevenueIQ suite is included at no extra charge for BillingPlatform customers and will see future updates expanding its AI capabilities. The company indicates that the solution is intended to help enterprises reduce costs, improve agility, and monetise varying revenue models on a single platform. BillingPlatform has been recognised by several industry analysts in the area of recurring billing and revenue management. The acknowledgements include being named a Leader by Forrester Research and Gartner, as well as receiving accolades from MGI Research, ISG, QKS Group, and IDC for customer satisfaction and market presence. The company has also featured on growth and performance rankings such as Deloitte's Technology Fast 500 and the Inc. 5000. BillingPlatform serves a global client base across sectors such as software, finance, media, transportation, and communications, processing a significant volume of transactions each year in support of various business models.
Yahoo
09-07-2025
- Business
- Yahoo
BillingPlatform Ranked as Top Vendor and Overall Leader in the 2025 ISG® Revenue Recognition Buyers Guide
Revenue lifecycle management leader received the highest scores for Usability, Customer Experience, Product Experience, Capability and TCO/ROI out of 18 vendors DENVER, July 9, 2025 /PRNewswire/ -- BillingPlatform, the enterprise revenue lifecycle management platform for today's innovative business models, today announced that ISG®, a global AI-centered technology and research firm, has named it the Overall Leader and an "Exemplary Vendor" in its 2025 Revenue Recognition Buyers Guide based on detailed analysis of 18 revenue recognition vendors. As part of the broader revenue lifecycle management process, ISG defines revenue recognition applications as those supporting "multiple pricing models, including subscription and usage; enabling different types of products, service and event-driven rules; providing automation and straight-through processing; creating journals and communicating with accounting systems; producing insights and analytics; and auditing reports." According to ISG, revenue recognition is playing a growing role in revenue lifecycle management given the "rapid rise of digital products and services, new direct online engagement channels and mixed pricing models such as subscription and consumption." In the firm's analysis of 18 revenue recognition vendors, BillingPlatform ranked highest in Usability, Customer Experience, Product Experience, Capability and TCO/ROI. "As a key component of the quote-to-revenue lifecycle, revenue recognition plays a critical role as enterprises increasingly leverage multiple pricing models resulting in revenue that gets recognized over time," said Stephen Hurrell, Director of Research, Office of Revenue, ISG Software Research & Advisory. "Based on our analysis, BillingPlatform is the leader in revenue recognition given its rich set of features, user experience and proven ability to deliver customer value." The ISG Buyers Guides™ provide a balanced perspective of software providers and products that is rooted in an understanding of the business requirements of any enterprise and are used as an effective method to assess and select software providers and products. ISG defines an Exemplary Vendor as the "best in meeting the overall Product and Customer Experience requirements" for enterprise customers. In related Buyers Guide reports, ISG also named BillingPlatform the Overall Leader in Billing and a Leader in Revenue Lifecycle Management. "While proud that we've been named the Overall Leader in Revenue Recognition by a major industry analyst firm, what resonates most from ISG's analysis is our category leadership for the tools and information that are provided to establish total cost of ownership and return on investment," said Dennis Wall, BillingPlatform CEO. "This reflects our focus and investment in our platform and revenue recognition solution with an eye toward ensuring we are helping our customers to automate, accelerate and add AI-powered insights to their full revenue lifecycle management process." With global customers serving multiple industries, including software, finance, media and entertainment and communications, BillingPlatform is the only billing and revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience. BillingPlatform has earned many recent accolades, including being recognized as the Leader in Forrester Research's "The Forrester Wave™: Recurring Billing Solutions, Q1 2025," being a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, named the Leader in QKS Group's SPARK MatrixÔ Report for Subscription & SaaS Billing Management, named to Constellation Research's Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research and named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment. The company was also awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognized as a fast-growing company on Deloitte's Technology Fast 500™, listed on the Inc. 5000 and recognized by the SIIA CODiE Awards program as the Best Subscription Billing Solution. About BillingPlatform, Corp. BillingPlatform empowers businesses with innovative software solutions to optimize revenue generation through every stage of the customer lifecycle, powering growth through operational agility along with a frictionless customer experience. Our industry-leading, cloud-based platform is leveraged by global enterprises to optimize the customer journey from idea to revenue. With global customers across multiple industries, including software, finance, media, transportation, and communications, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit Press Contact: Doug BroadBillingPlatform billingplatform@ View original content to download multimedia: SOURCE BillingPlatform
Yahoo
11-06-2025
- Business
- Yahoo
Platform.sh Selects BillingPlatform for Enterprise Revenue Lifecycle Management
Global Platform-as-a-Service leader unifies billing for self-service and enterprise customers with subscription and usage-based billing prorated down to the second DENVER, June 11, 2025 /PRNewswire/ -- BillingPlatform, the enterprise revenue lifecycle management platform for today's innovative business models, today announced that a leading Cloud Application Platform, selected its Billing and Revenue Recognition solutions in a multi-year agreement. With BillingPlatform, will be able to automate and scale revenue management for both enterprise and self-service customers with very granular billing for its infrastructure services down to the second. Adopted by over 7,000 organizations worldwide across industries such as consumer goods, media and entertainment, higher education, government, eCommerce and other industries, is a unified, secure, enterprise-grade Cloud Application Platform. Available in Europe, North America, and APAC, it partners globally with leading open-source providers and major cloud providers, including AWS, Google Cloud, Azure, and OVHcloud. Through its enterprise-grade PaaS or the new Upsun service, simplifies cloud development, enabling developers to transform code into robust, production-ready cloud applications with seamless collaboration throughout the entire software delivery lifecycle. A decade old with significant customizations built on top of it, legacy billing solution was increasingly difficult to maintain and prevented the fast-growing cloud infrastructure company from scaling its revenue management in line with its business. In addition, the launch of its Upsun service added a new self-service, usage-based model to its existing enterprise subscriptions putting new requirements on its billing needs. "As experts in cloud application infrastructure, we recognized our existing billing system could not scale and adjust to the needs of our rapidly expanding business – a hybrid mix of subscription and very granular usage-based billing at high volumes," said Maurice Roberts, Director, FP&A at "In our review of vendors, BillingPlatform was the only solution that combined an extensible data model we can configure to our needs with the ability to bill down to a second in time to ensure we're billing customers for exactly what they used." With global customers serving multiple industries, including software, finance, media and entertainment and communications, BillingPlatform is the only billing and revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience. "As a developer-centric, full-stack cloud application platform, mission is to help application teams build, iterate and scale cloud applications without having to waste time thinking about or managing the underlying infrastructure," said Dennis Wall, BillingPlatform CEO. "This deal highlights our unique ability to support billing for on-demand, usage-based services that can be seamlessly calculated and presented to end customers through a portal, giving them a level of trust and transparency that they are being billed for exactly what they used." BillingPlatform has earned many recent accolades, including being recognized as the Leader in Forrester Research's "The Forrester Wave™: Recurring Billing Solutions, Q1 2025", being a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, named the Leader in QKS Group's SPARK Matrix™ Report for Subscription & SaaS Billing Management, named to Constellation Research's Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research and named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment. The company was also awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognized as a fast-growing company on Deloitte's Technology Fast 500™, listed on the Inc. 5000 and recognized by the SIIA CODiE Awards program as the Best Subscription Billing Solution. About BillingPlatform, Corp. BillingPlatform empowers businesses with innovative software solutions to optimize revenue generation through every stage of the customer lifecycle, powering growth through operational agility along with a frictionless customer experience. Our industry-leading, cloud-based platform is leveraged by global enterprises to optimize the customer journey from idea to revenue. With global customers across multiple industries, including software, finance, media, transportation, and communications, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit Press Contact: Doug BroadBillingPlatform billingplatform@ View original content to download multimedia: SOURCE BillingPlatform Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Techday NZ
07-05-2025
- Business
- Techday NZ
BillingPlatform launches BP Copilot, an AI assistant for billing
BillingPlatform has announced BP Copilot, an artificial intelligence-powered assistant for enterprise cloud-based billing and revenue lifecycle management. BP Copilot is designed to improve how organisations interact with their billing data and navigate the BillingPlatform system. The assistant uses natural language queries, enabling users to generate reports and access support without needing specialised technical knowledge. According to BillingPlatform, BP Copilot aims to increase productivity by delivering real-time reporting, contextual guidance and direct access to support resources. This functionality is accessed through a natural language interface that, the company states, allows easy and efficient user input such as asking, "Where do I manage invoices?" or "How do I add a new subscription?" Dennis Wall, Chief Executive Officer at BillingPlatform, said, "BP Copilot represents a major step forward in simplifying enterprise billing operations. By combining AI-powered reporting with intuitive in-app navigation, we're enabling users to get the real-time insights they need quicker and with less friction - empowering finance and operations teams to make smarter decisions, faster." The company describes BP Copilot as integrating directly with the AI Report Builder tool, facilitating seamless access to financial data and aiding users in navigating their billing operations. Users are able to request specific reports, such as "Show me quarterly subscription revenue for the past three years," and BP Copilot will generate the required data visualisations and insights. Among its primary features, BP Copilot offers embedded assistance to directly navigate to critical application areas, reports, and the BillingPlatform Knowledgebase, aiming to save users from manually searching within the platform. The AI Report Builder is leveraged to create on-demand visualisations and extract insights from often complex billing datasets. Powered by its intuitive natural language processing capabilities, BP Copilot is expected to serve finance teams, operations leaders and IT professionals. By automating the process of report generation and offering direct access to key operational insights, the tool is intended to reduce the time spent searching for and compiling data. BillingPlatform highlights that, by helping to eliminate manual processes and simplifying the navigation of their platform, BP Copilot is structured to allow business users to concentrate on strategic decision-making and revenue-driving activities. As announced, BP Copilot will be provided at no additional cost for all current BillingPlatform customers, with future plans to expand its AI-powered features through further updates. BillingPlatform aims to empower businesses with software solutions to optimise revenue generation through every stage of the customer lifecycle, enabling growth through operational agility along with a frictionless customer experience. The company's cloud-based platform is leveraged by global enterprises to optimise the customer journey from idea to revenue.
Yahoo
06-05-2025
- Business
- Yahoo
BillingPlatform Introduces BP Copilot Providing AI-Powered Assistance for Smarter Billing
New, easy-to-use AI functionality provides organizations with increased productivity and enhanced decision-making abilities ENGLEWOOD, Colo., May 6, 2025 /PRNewswire/ -- BillingPlatform , the enterprise leader in cloud-based billing and revenue lifecycle management solutions, today announced the launch of BP Copilot , an AI-powered assistant designed to transform how businesses interact with their billing data and navigate the platform. BP Copilot enhances productivity by providing real-time reporting, contextual guidance and seamless access to support resources—all through simple, natural language queries that require no special technical skills. "BP Copilot represents a major step forward in simplifying enterprise billing operations," said Dennis Wall, CEO at BillingPlatform. "By combining AI-powered reporting with intuitive in-app navigation, we're enabling users to get the real-time insights they need quicker and with less friction—empowering finance and operations teams to make smarter decisions, faster." AI-Powered Assistance to Optimize Billing Operations BP Copilot transforms the user experience by integrating seamlessly with AI Report Builder, providing instant access to key financial data while also guiding users through the platform to effortlessly navigate billing operations. Key features of BP Copilot include: Embedded Assistance – Instantly navigates to critical app areas, reports and the Knowledgebase saving users from manually searching. AI-Powered Reporting – Leverages the AI Report Builder to generate on-demand data visualizations and uncover key insights from billing data. Users can easily create reports with statements like, "Show me quarterly subscription revenue for the past three years." Intuitive Natural Language Interface – Provides easy, natural language instruction to quickly understand user input. Users can simply ask "Where do I manage invoices?" or "How do I add a new subscription?" and receive immediate, actionable responses. Driving Efficiency and Business Intelligence BP Copilot is designed to support finance teams, operations leaders and IT professionals by reducing time spent searching for data, automating report generation and providing direct access to key insights. By eliminating manual processes and simplifying platform navigation, BP Copilot ensures that teams can focus on strategic decision-making and revenue growth. BP Copilot is available at no additional cost for all BillingPlatform customers and will continue to evolve with expanded AI capabilities in future updates.
