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Why do some software businesses succeed with subscriptions and recurring models while others struggle? At DigitalRoute, we believe the difference is in the data. And specifically, how you leverage the full potential of your data.
At DigitalRoute, we specialize in providing purpose-built data solutions for companies that depend on recurring revenues. We understand that for subscription companies, data is at the core of everything they do.
Our solutions are designed to tackle high data volumes, real-time data processing, complex pricing models, and programmatic data transformation. In other words, our software can handle any business requirement; Gone are the days when your software or technology stack limits the creativity and performance your business requires.
Unlike other data solutions such as iPaaS, ETL, or homegrown systems, our solutions are purpose-built to handle the unique challenges that subscription-based companies face. We have over 20 years of experience in the Telecom industry, where our Usage by DigitalRoute platform has captured, validated, aggregated, and enriched over ten million transactions per second of usage data with zero leakage.
We bring this expertise to subscription-based companies. Regardless, if you want to launch subscriptions-based services, grow existing, or optimize. We got you covered in all phases.
At DigitalRoute, we understand that for subscription-based companies, data is not just about billing; it's about providing companies with the right data to make informed decisions. Other SaaS categories, such as CRM and financial software, have successfully used DigitalRoute to take control of their data and grow revenue. Here are their stories:
Software as a Service
a sales and marketing software provider, needed to switch from a restrictive seat-based licensing model to a usage-based pricing model to achieve growth. The DigitalRoute Usage Engine solution allowed PeppaCRM to collect and process transactional usage data and enrich it with customer and contract data, enabling them to launch their new business model and monetize services through pay-per-use plans. The solution also allowed them to develop and offer new services based on actual customer actions, accelerating revenue from new services while reducing the urgency to update PeppaCRM's order-to-cash business systems.
FinTech
an institutional investment accounting and reporting SaaS platform that provides its clients with a single source of truth for global portfolios. However, their inefficient manual billing processes and inability to process granular data from their customer's investment transaction systems were causing revenue leakage and hindering growth. DigitalRoute's Usage Engine solution automated the collection and processing of usage data from WealthCanyon's customer network, normalized and enriched the data with relevant information, and converted it to accurate billing records. With DigitalRoute's solution, WealthCanyon now has a flexible modern architecture, streamlined customer onboarding and accurate billing with less revenue leakage, and the ability to offer flexible pricing models for each customer.
For companies with recurring revenue models, nothing is available on the market that compares to having a purpose-built usage data management solution. We have a proven track record of success and Usage by DigitalRoute is tailored to meet the unique needs of subscription-based companies. Here are some of the benefits of choosing DigitalRoute:
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.
As you expand your digital portfolio and partner ecosystems, managing service usage data will become increasingly important. Our team is happy to discuss your objectivess and help you create a strategy and get the most from your digital services.
Schedule an advisory session
Please leave a few details and our team will be in touch shortly to arrange a personalised session.
What to expect from this meeting?
When you set up a meeting with us, our main goal is to understand your problems. You’ll speak with an expert who has years of experience in solving complex IT challenges. They’ll learn about your challenges and what kinds of solutions you’re considering.
Who’s involved in the meeting?
Usually in the discovery process we work with people from the technical side of a business, but we can also tailor meetings for people from finance, product development or business intelligence. Accurate usage data can improve multiple aspects of your business.