The smarter alternative
Many companies will attempt to solve for usage-based billing with a homegrown solution, or a solution built by system integrators. While these solutions can solve the problem they were built for, they can also require excessive maintenance and a dedicated IT team to keep them running.
DigitalRoute Usage Engine, in contrast, is specifically designed to provide our customers with the information needed to monetize consumption, accurately bill for service usage, create new offerings, and aid revenue assurance, with the data generated from when services are used. This gives your business the flexibility to quickly launch new services and adapt to customer demand.Book a demo
Usage billing challenges
A homegrown solution is often seen as the easiest, fastest and most low-cost option to get started with usage-based billing.
Homegrown systems typically demand development work for any change, limiting business agility and making it difficult to iterate quickly with new business models.
DigitalRoute Usage Engine is purpose-built to tackle the data challenges associated with usage-based billing. This means that employee time can be spent on more strategic work that actively creates value for the business.
Here’s the bottom line
You can build a solution to process usage data for billing, but the ROI and total cost of ownership will generally be subpar. With DigitalRoute, you get a flexible, scalable solution that saves you time and resources.
If you already have a homegrown solution, or are considering building one, here are some key questions to consider.
How often do you have to do massive corrections during billing runs due to duplicates or missing data?
For our customers, DigitalRoute Usage Engine has shortened billing lead times from weeks to days.
Are you able to normalize, aggregate and structure complex data at high volumes and is the problem worsening?
DigitalRoute can collect and process data from any source, in any format, at scale.
How often do you have billing or partner settlement disputes?
DigitalRoute’s error-correction capabilities and audit information provide full accuracy and transparency.
What’s the return on investment for your homegrown solution?
A typical DigitalRoute customer sees a 174% ROI over three years.
What percentage of your operating income is lost due to errors in data processing?
After implementing our solution, customers often find that their revenue leakage was as high at 10% of operating income with their home-grown solution.
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?Book a demo