For organizations of all sizes, billing, revenue management, and monetization are central to driving revenue growth and profitability. Flexibility and configurability of these new solutions offer the promise of real business agility: making the billing system a core enabler rather than a barrier to business change.
Before the era of cloud technologies, complex billing capability was the domain of large enterprises. Today, the market is full of solutions that simplify automated recurring billing. Demand for billing management solutions is accelerating as businesses have gone online and organizations seek to launch new business initiatives with innovative pricing.