That old adage about the tortoise and the hare stands the test of time because its root meaning is so adaptable, especially in business. Slow and steady wins the race. Now, what if that wasn’t a good thing? It’s a lovely afternoon for a bike ride. You pull down your cycle from where it hangs […]
Businesses today – across a variety of industry segments – are moving to diversify business models, optimize partner revenue share, and keep pace with evolving market and customer expectations. However, many organizations are trying to do this with outdated or inefficient revenue management systems. And the repercussions to the business are many: missed monetization opportunities, […]
As monetization models and technology change, many enterprises struggle to stop revenue leakage, find new revenue opportunities, gain a competitive advantage, and keep their customers. These challenges are tied directly to five universal enterprise monetization pain points: Billing Challenges Partner Compensation Management Revenue Recognition Compliance Disparate and Changing Data Sources People and Change Management This […]
Sometimes, the name says it all. Revenue leakage. The term itself implies something bad. A leak of any kind is never a good thing. A leak tied to your corporation’s revenue? Well, that’s a combination with potential disaster written all over it. Let’s take a closer look at the particulars. Just what is revenue leakage, why is it happening […]
Billing accuracy and timeliness play a key role in customer satisfaction and longevity. The more satisfied your customers are with how they are billed and their billing options, the more likely they are to remain customers. When it becomes difficult to talk to your customer success team, or challenging to pause a subscription, add products […]
Know the features you need to easily manage all recurring billing. Your billing model is complex. Revenue streams constantly evolve. You have customers on a variety of pricing strategies. This is causing you headaches and costing you money. You are losing customers and getting left behind. It’s time to stop wasting time with generic, off-the-shelf […]
RecVue Agile Monetization Platform reaches over $50B in annual RUM PALO ALTO, CA –RecVue today, announced at the Cota Connect summit in San Francisco hosted by RecVue investor Cota Capital, the achievement of an important milestone in the leading Enterprise Monetization Platform’s growth – reaching over $50 billion of Revenue Under Management. This continued, exponential growth demonstrates […]
As business models evolve, so too must the billing systems that underpin them. The key to a successful billing system is automation; creating billing lines as soon as the service is rendered, or revenue recognized. This is simpler when billing to milestones, events, or structured timescales (such as subscriptions), but more and more companies are […]