Summary: We update the MGI 360 Rating of BillingPlatform to a score of 64 – currently the highest overall rating in Agile Billing – and maintain a POSITIVE outlook. BillingPlatform is a cloud-based, API-first billing and revenue management solution for mid-to-large size organizations (including business units and divisions within mega-size companies). BillingPlatform provides full lifecycle support of the monetization process – from product setup through quoting, billing and invoicing, CPQ, and ARM through to payment and collections. With a comprehensive, billing-centric monetization capability, BillingPlatform can address subscriptions to complex usage billing scenarios in real-time and quick-time contexts. It is generally viewed as representing good value for money – a solution that can be implemented and maintained without heavy consultant involvement. The product and the company have gone through a period of intense maturation – increasing the breadth and depth of the product line up, beefing up of the sales and marketing execution, stronger partnership ecosystem, and more proof points of high-end enterprise implementations with large volumes and a lot of complexity. The company has work to do in areas such as release management, complex implementations, and customer success as well as continuing to add more referenceable high volume implementations.
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Competitors: BluLogix, Gotransverse, LogiSense, Oracle, RecVue, SAP, Zuora
