3 min read

From Traditional Services Billing To A Proactive Process

By Petri Takala on Jan 26, 2021 2:30:00 PM

There is a good chance that billing is considered a routine job in your company, recurring after the end of each month. The process is reactive and consists of repetitive, execution-oriented tasks.

But what if you look at it differently? In this blog, we will explain what treasures you can find, if you transform your billing into a proactive process.
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3 min read

Experts' Advice On Choosing an Agile Billing System

By Marc Wullings on Jan 19, 2021 9:00:00 AM

Agile Billing, The Cornerstone Or Stumbling Block In Your Business Strategy?

We have all discovered the need to quickly adapt to new business models and to pragmatically introduce new ways to deal with sudden events.
 
Often, the billing system turns out to be the stumbling block. For example, your billing system might have been part of an original ERP rollout years ago, and your needs have since changed.
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4 min read

Why Agile Billing Is The Key To Future-Proofing Your Business

By Marc Wullings on Nov 19, 2020 9:11:09 AM

Companies have been confronted with dramatic shifts in demand as Covid-19 has disrupted our lives and our markets. This disruption is felt in the service business, where demand shifts directly impact operations, with far-reaching consequences.

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4 min read

10 Billing Trends To Watch For In 2021

By Petri Takala on Oct 23, 2020 9:00:00 AM

It is probably safe to say that 2020 has thrown us a few curveballs due to Covid-19. Businesses had to adapt in a very short time, and now at the end of the year, we can see clear trends in this shaken-up economy. Many changes are here to stay, and we meet a lot of prospects who are struggling to keep up with the new world in their core systems.

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4 min read

Why Excel Is the Snake in Your Billing Paradise

By Marc Wullings on Sep 7, 2020 10:37:00 AM

Excel Is Everywhere, And For The Right Reasons

As a finance professional, you will probably spend a generous amount of time using Microsoft Excel, especially to collect data and to prepare and consolidate for billing cycles. And you are not the only one, since Excel is one of the most popular and widely used tools Microsoft has to offer. It’s a quick, reliable, and efficient way to fill the gaps between different systems, much needed, especially when billing services and data come from different source systems. But it is also a key signal that your systems no longer keep up with your billing needs. Let us explain why. 

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4 min read

The Fine Art of Monetizing Services

By Petri Takala on Aug 27, 2020 9:33:28 AM

How to optimize revenue for your service business with the help of your billing system?

Services Are The Key To Lasting Business Success

In today’s economy, the best-valued companies typically are service organizations or provide a large part of their offering in services. We have seen the rise of the subscription economy, servitization, and the X-as-a-Service, and of course, the digital services industries, including the well-known marketplaces.

What makes services exciting is the lasting nature of the customer relationship in service business models. Done well, services provide a higher margin for companies, provided you have a clear eye on the cost of service delivery. In this blog, we look at the trends and aspects of Service Monetization.

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