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Product NewsOur Usage Engine™ unifies all your usage data, collected from diverse systems. It then initiates a rigorous validation process to ensure that your datasets are free from inaccuracies and duplicates.
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Data for billing optimisation
Scale your usage-based billing without leaving revenue on the table. Consolidate, validate, and prepare your usage data for a seamless handover to billing.
Problem
Many businesses struggle with outdated homegrown solutions or rigid billing systems that can’t adapt to the needs of a usage-based business model.
Common challenges:
Large usage data volumes from many source systems drive costs and IT firefighting.
Forwarding of usage data to the billing system is manual and error-prone.
Invoice generation and monthly closing are too long.
Bill disputes cause many credit notes.
Not solving these needs can result in 600k USD lost revenue.
Read more
Solution
Our Usage Engine™ automates usage data collection and processing. We ensure accurate and timely invoicing, reducing the scope for errors and delays.
And this how we do it:
Data quality
Meter
We measure and aggregate your usage data according to defined business rules, turning raw data into usage summaries and insights.
Enrich
Our solution enriches your data by linking it to customers and products, enabling identification of non-customer data or phantom data.
Consolidate
We consolidate and format your data into digestible line items that are ready for invoicing, simplifying the billing process.
;
Do you have a billing
Do you have a billing
or data problem?
We solve the underlying data problem and integrate with your current billing, ERP and other quote to cash systems.
This enables usage base billing, saves time and reduces risk and cost.
Results
Automated, scalable and flexible data processing increases efficiency and enable business growth.
Not solving these needs can result in 600k USD lost revenue.
Read more
Outcomes:
Handle large data volumes while keeping current systems.
Automated and errorless bill runs.
Single invoice per customer and faster month-end closing.
No credit notes and bill disputes.
Let’s talk numbers
Why is having a scalable and flexible setup crucial?
Potential
High-performance and flexible data integration
Handling any volume and number of data sources
Reality
High data volumes and integrating multiple data sources
New product launch delay of 60 days
Cost of doing nothing
A 60-day launch delay for a product that will make 10k USD per day
Results in 600k USD lost revenue
Why is it important to send invoices out on time?
Potential
High performance of monthly invoicing
Better cash flow
Reality
10 days to invoice turn net 30 days
Into de facto 40 days
Cost of doing nothing
Investing the cash of 10 days per month at 3.65% annual interest would result in 0.13% more income for a 1B USD company
That's 1.3M USD per year
Why is reducing the number of credit notes crucial?
Potential
Automated usage data processing with exactly-once delivery guarantees
Correct invoices
Reality
Duplicate usage data forwarded to billing leads to
2% credit note-to-invoice ratio
Cost of doing nothing
If you send 100k invoives per month and one credit note costs 30 USD to process
Just handling those 2% credit notes cost 720K USD per year
Why is invoicing all usage worth your attention?
Potential
Automated and audited usage data processing reduces errors
All usage is invoiced
Reality
Usage data is lost due to human error or unstable systems and handovers
1% usage never billed
(we have seen cases above 10%)
Cost of doing nothing
Not including 1% of usage in invoices for an annual revenue of 100M USD
means invoicing 1M USD less per year than you should
Why should you keep your existing billing or ERP system?
Potential
Billing & ERP software handles subscriptions, but not always usage-based pricing
Growth inhibitor
Reality
Replacing a large billing system or ERP is a long-running,
multi-million USD project with high-risk
Cost of doing nothing
Launching usage based pricing while keeping your existing billing or ERP system lets you get started faster
while avoiding millions of USD in expenses
Maximize Your Returns
Our ROI calculator is your key to measuring and maximizing success!
Customer use cases
SAP delivers subscription and pay-per-use services with DigitalRoute
SAP needed to manage usage data from multiple cloud infrastructures and applications in its billing processes.
Gogo launches AVANCE Platform for in-flight Wi-Fi
With full control over its complex usage data, Gogo was able to launch its innovative AVANCE connectivity products to the business aviation market.
Vocus Retail leverages DigitalRoute’s software to enable BSS migration to AWS
Vocus Retail has transformed its BSS ecosystem using DigitalRoute’ software and cloud applications, enabling automation, market agility and product innovation.
Let’s get started!
Ready to join the frontrunners in usage-based services?
Get in touch so we can learn about your challenges and help you take the next step.
Book a demo