The business disruption brought on by COVID-19 has exposed the digital gaps within the quote to cash processes of many organizations. The ensuing and forthcoming financial pressures on companies represent an opportunity for consolidation in billing functionality. Most mid to large enterprises ($500 million growth companies to $1 billion+ global enterprises) have three or more billing solutions. Modern agile billing platforms offer the potential for cost savings, margin preservation, and increased customer satisfaction. Finding the right fit, however, requires deep analysis and a clear-eyed understanding of the optimal use case and strategic direction of each solution.
Suppliers with new or updated MGI 360 Ratings (partial list):
- BillingPlatform
- BluLogix
- Chargify
- GoodSign Solutions
- Gotransverse
- LogiSense
- Opencell
- Oracle
- Oracle-Netsuite
- Salesforce Billing
- Zuora