Ensure accurate revenue allocation to internal and external partners
Get a faster, automated solution to allocating revenue to partners and internal organizations.
Challenge
Solution
Results
Challenge
Error-prone, manual processes
When your company offer services together with partners, you need to keep track of how much all partners should be paid or invoiced. This can also apply to transactions involving internal organizations or subsidiaries. Many companies keep track of these transactions in separate ledgers, sometimes in Excel or other less formal methods.
But what happens when the different ledgers don’t match? The partners need to carry out a costly, time-consuming reconciliation process that involves comparing orders, invoices, payments and accounting entries, and often spend many hours hunting down errors to correct them. This delays partner settlement payments, which ultimately hurts your partner relationships and their confidence in you.
Solution
Processing data automatically
DigitalRoute solves this by tracking the usage of your services across the entire partner ecosystem. We them automatically process this usage data, ensuring that the data is enriched with information about orders, pricing and revenue-sharing agreements.
You get clean usage records ready for revenue sharing calculations, or we can automatically do those calculations for you. The entire process is also fully auditable, making any reconciliation process that arises easier and faster.
Results
Saving time and increased confidence
With automated revenue sharing and settlement processes, and a strong audit trail, you can be confident that you are paying or invoicing your partners the correct amount. Instead of manual reconciliation work, you can focus your time and resources on more important activities.
Your partner relationships also grow stronger, as partners receive timely and correct settlements. In addition, your automated process makes onboarding new partners simpler and faster.
Industry highlights
DigitalRoute’s software is used across industries, from telecommunications to transport. Usage data from these industries comes in many formats and from many different systems. We can handle all of them.
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Software as a service
As SaaS companies rapidly migrate from pure subscription to usage models, usage data is a key factor in their success. If you can control your usage data, you can turn it into revenue, grow faster and increase value.
Media and entertainment
Understand precisely how, when, and where your services are used so you can tailor experiences and bundle content to meet and exceed your customers’ expectations.
Telecommunications
Our industry-leading products are used by CSPs for billing mediation, charging, OSS mediation, policy and routing control. Learn how DigitalRoute can help you get ready for new opportunities in the cloud, 5G and private networks.
Our solutions for your business
Prevent revenue leakage
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Grow your revenue by eliminating leakage. When you offer digital services, your revenue depends on accurate, automated data processing. |
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Tailor user experiences
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Accelerate growth by upselling and improving customer experiences. With detailed insights on customer behavior, you can offer upsells at the right time and reduce churn. |
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Create new business models
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Switch to subscription and consumption-based business models. New business models help you grow revenue faster, but you must tackle the data challenges first. |
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Understand service consumption
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Verify your customers can access only the services they are entitled to. Failure to track and enforce entitlements can lead to revenue leakage and missed upsell opportunities. |
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Streamline partner settlements
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Ensure accurate revenue allocation to internal and external partners. Get a faster, automated solution to allocating revenue to partners and internal organizations. |
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Improve billing efficiency
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Simplify billing by consolidating data from diverse financial systems. Connect data from all of your financial systems to invoice faster and lower operational costs. |
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Monetize 5G services
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Generate new revenues from B2B and B2B2X service innovation. The advances of 5G will spark an evolution in business models, including new partnerships and services. |
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Take control of usage data
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Communications service providers must manage 3GPP and non-3GPP data flows from multiple generations of networks into their operational systems, while also preparing for 5G business models. The solution? Decouple the network from BSS/OSS stacks to take control of your network data. |
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Powering businesses with real-time data
Accurate, on-time usage data boosts every aspect of your business: finance, IT, operations and customer service.
Making sense of data across industries
From telecoms to transport, we’re in every industry where precise usage data records matter to the bottom line.
Want record-breaking growth?
Usage data has powered companies like Amazon, Spotify and Airbnb to eye-popping growth rates. Learn how to get the most out of yours.
The telco race for B2B revenue
Telcos are targeting B2B services as a major source of future revenue. Learn about the four types of players involved and why usage data is key.
Bringing partner applications to the edge with Google Cloud
DigitalRoute will provide its solution on Google Cloud to collect usage information from edge services and network elements and prepare it for billing, partner settlement or any other form of monetization.
