Agile Billing – Essential for Business Innovation

December 12, 2014

A quiet revolution is taking place in the most unlikely of places. Boardroom pressure to deliver revenue growth and gain competitive differentiation is pushing companies to create new products and services. Customers are demanding more granularity, flexibility, and transparency with prices. The combination of these forces is driving companies to re-think their billing systems. Formerly the domain of back-office clerks, billing and monetization processes and solutions are becoming critical ingredients for corporate innovation.


What is Agile Billing?

Agile billing is defined on multiple levels of agility: business, product, and IT agility. Most organizations think about billing in terms of accuracy and evaluate their billing system suppliers based on the functionality offered. Agility is about business timing and velocity, and is particularly relevant to the billing function, as billing systems can dramatically accelerate/decelerate time to market. In the past two years, over 65% of new product initiatives have been delayed or forced to narrow the scope of their programs due to inflexible, outdated billing systems tied to legacy ERP systems.

 

Read more: http://www.forbes.com/sites/mgiresearch/2014/03/18/agile-billing-the-new-essential-for-business-innovation/
Source: Forbes

Author: Leonid Solomonik

With over 20 years in the software industry, and extensive experience in high capacity billing information systems Leonid Solominik is the driving force that makes billing platform the most dynamic and flexible solution on the market today. Leo is one of the original founders of Billing Platform and is committed to excellence in product development and complete customer satisfaction on a system that has a 99.999% up-time guarantee. He is an enthusiast for out-door sports, and is a world traveler with a passion for global unity and diverse cultures. He also is fluent in Russian and has a passion for everything mechanical.

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