Extend your usage billing
If you want to implement usage-based billing, and you are only processing a few thousand records a month, then please stop reading here. Your billing system is most likely capable of collecting and processing that level of usage data.
However, if your needs are more complex, keep reading to learn why DigitalRoute Usage Engine is your best choice.
Book a demoUsage billing challenges
Reason #1
There is a reason why so many billing vendors partner with DigitalRoute: They know that processing usage at scale is not something they can (nor want to) do.
Their expertise is in billing. What we do at DigitalRoute is usage data processing, to generate the "golden record" of usage data that billing systems can ingest to work on their task.
Reason #2
With the typical billing system, the ingestion API expects individual records, that are then all inserted one by one in the billing system. Even for simple services, such a strategy cannot handle today’s massive volumes of usage data.
DigitalRoute Usage Engine pre-aggregates usage data and only delivers to the billing system the data it needs, in the format it needs.
Reason #3
By sending usage data straight into your billing system, you are closing the door on many of the benefits that you can derive from usage data, today and in the future.
Since billing systems only care about what is needed to generate the final invoice, a lot of the high-fidelity and fine-grained data will be discarded in the name of efficiency.
In addition, this data will not be reachable by other systems that might need it. This means that you will be missing on some very precious insight that you could share with your analytics tools, to understand how your services are being consumed and elaborate better products.
Here’s the bottom line
Subscription billing software can offer an all-in-one solution for quote-to-cash processes. But if your business model involves usage, you may need to extend your billing software with DigitalRoute Usage Engine.
Key features |
Subscription billing software |
|
---|---|---|
CPQ and catalog | ||
Billing and payments | ||
Rating and charging | ||
Usage metering | ||
Data validation | ||
Usage metering at scale | ||
Built-in error correction | ||
Real-time data processing | ||
Built-in data aggregation | ||
Built-in audit functionality | ||
Billing connectors | ||
Built-in data deduplication | ||
Data throttling | ||
Prepare and forward usage data to data warehouses for analytics | ||
Anomaly detection and revenue leakage prevention |
Competitor comparison
There are many ways to manage service usage data, but DigitalRoute provides the only battle-proven solution on the market today. Take a closer look at how we stack up to other solutions.
When you charge customers based on usage, you must aggregate metering data over time. That requires state management, something most iPaaS solutions cannot do.
ETLs are designed for bulk data transfer scenarios, such as disaster recovery, database backups and data warehousing. But adapting them for usage billing can come at a high cost.
A homegrown solution for usage billing may seem fast and low-cost at first, but over time, it can take a lot of work to maintain and can hinder your potential to scale.
Our customers have sped up invoicing by 80%, reduced IT maintenance activities by 65%, and detected revenue leakage amounting to 10% of operating income. Want to see what we can do for you?
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