2 min read

Agile Billing As A Key Orchestrator For Servitization

By Petri Takala on Sep 29, 2021 1:00:00 PM

The Servitization Business Promise

Servitization has been around for years but has recently really started to get traction. The reasons are clear. For example, in many manufacturing companies, the profitability of services is estimated at 2-5 times higher than products, and analysts say that 75% of the companies expect that servitization will dominate their business in the future. However, only 30% of the companies have an active servitization strategy (*).

In this blog, we look at the threshold to full servitization from a billing perspective. 

 

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3 min read

Automating the Contract-To-Cash Process at OpusCapita

By Heikki Hirvensalo on Jun 11, 2021 12:00:00 PM

How to gain proper visibility to your service contract-to-cash process? How to automate pricing and billing of a wide legacy contract base and yet create a feeling of control and trust that no revenue is leaking?

Opus Capita, a leading European provider of source-to-pay and e-invoicing solutions, set out to do that. Their goal was to be transparent and efficient in their contract-to-cash process.

In this blog, we describe how OpusCapita captured a wide legacy contract base and transformed it into a future-proof automated service monetization process.

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