RecVue, Named to Q3 2020 Constellation ShortList™ for Smart Services Digital Monetization Platforms

RecVue is proud to share its continued recognition as a leading monetization platform that enables digital transformation for global enterprises.

RecVue has once again been included on the Constellation ShortList™ for Smart Services Digital Monetization Platforms in Q3 2020. Constellation assessed RecVue and other vendors based on 14 threshold criteria and a thorough review of RecVue’s solution. Solutions on the Constellation ShortList™ are selected by Constellation analysts through a research process that includes client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.

Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation. Products and services named to the Constellation ShortList™ meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is frequently updated every six months with the rapidly changing market conditions.

About Constellation Research

As an award-winning Silicon Valley-based strategic advisory and futurist analyst firm, Constellation Research serves leaders and organizations navigating the challenges of digital strategy, business-model disruption and digital transformation. Constellation works closely with solution providers, partners, C-suite executives, board of directors, and its Constellation Executive Network of buy-side leaders to lead the way in research coverage and advise clients how to achieve valuable business results.

About This Constellation ShortList™

The emergence of a subscription economy coupled with digital business models drives the creation of a new type of solution known as Smart Services Digital Monetization Platforms. Legacy monetization systems lack the ability to support subscriptions, consumption-based models and one-time transactions. Smart Services Digital Monetization Platforms provide a monetization solution for organizations operating untraditional business models. These platforms are expected to support business models built on smart services for the Internet of Things, blockchain consensus and sharing economies.

According to R “Ray” Wang, the chairman and founder at Constellation Research, “In an era of rapidly changing technology, pay to play research, and paywall required rankings, The Constellation ShortList™ portfolio gives prospects and customers an easy to use list and criteria to build their own vendor selection short list. The vendors on this list represent the best of the best for their category. We’ve identified the top vendors to consider based on technology investment, use cases, strategic vision, customer value, executive leadership and price.”

Meanwhile, RecVue’s founder and CEO, Nishant Nair expresses his gratitude and adds, “RecVue is honored to be included in the Constellation ShortList™ for Smart Services Digital Monetization Platforms in Q3 2020. We are in a unique position to power the XaaS economy with unparalleled scale and configurability to support subscriptions, consumption-based models, and complex recurring and non-recurring businesses. That is why Hertz, ACI Worldwide, WWT, and many others have selected RecVue to handle their increasingly complex billing needs.”

RecVue’s next-generation monetization platform is designed specifically to address the unique challenges of enterprises shifting from product-based business models to services. RecVue’s platform is built to enhance any cloud or on-premise ERP solution in the areas of billing, recurring revenue, subscriptions, partner compensation, and commissions management. Organizations are embracing the new digital landscape and improving customer satisfaction by optimizing their revenue management systems. Since digital transformation is essential for any business looking to grow and stay ahead of the competition, it is imperative to choose the right order-to-cash (O2C) platform for your business to scale. By adopting a platform like RecVue, during a digital transformation initiative, it can be a game-changer in terms of leveraging technology and automation to deliver performance optimization and cost and time savings. RecVue’s unified platform integrates with any ERP, CRM and front-end order processing systems, enabling customers to improve efficiencies across order-to-cash, revenue and general accounting, while gaining real-time access to data. Finance groups are able to increase accuracy and timeliness of billing and invoicing and aggregate billing information in a single system to improve analysis and forecasting. RecVue’s monetization platform includes a 360-degree view into the entire contract lifecycle, rules-based attribute pricing, complete order-to-invoice capabilities, pay-side management for third party obligations, and robust analytics and reporting.

Contact us today for a Revenue Management assessment and to learn how RecVue’s smart monetization platform based on big data, can help you in your digital transformation journey.