4 min read

MacGyver Would Have Taped IT-Tools Together - Why You Should Not

By Taija Engman on Mar 24, 2020 8:45:00 AM

The TV hero MacGyver carries duct tape and a Swiss Army Knife for fixing any issue that comes ahead. Many companies seem to use duct tape solutions for invoicing recurring revenue. ERP, Excel, custom databases, CPQ and RPA are not enough.

Why you should avoid the use of duct tape solutions in billing the recurring revenue?:

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3 min read

Modernize Your Quote-to-Cash Process – Enjoy Big Financial Results

By Taija Engman on Mar 9, 2020 2:00:00 PM

Monetize 13 is the only event in Europe focusing purely on monetization, including payments, commerce, billing, and CPQ. 

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4 min read

It Is All About The Customers - The Decade of Servitization Just Begun

By Anitta Maltela on Mar 2, 2020 9:48:00 AM

Are you ready for 2020?

According to a World Economic Forum prediction, products will have become services by 2030. The servitization is on its way as more and more products are sold as services.

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3 min read

How to make your service ecosystem work?

By Janne Kivilaakso on Feb 3, 2020 9:00:00 AM

Why an ecosystem in the first place? 

What are the 7 qualities of supporting software?

Parties forming a service ecosystem, understand that by combining their strengths they can serve their common clientele better than without one.

A service ecosystem is centrally operated and targets are shared. All parties add value to it and receive value from it. 

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2 min read

3 BELIEFS that Eat Margins and Growth in Service Business

By Anitta Maltela on Jan 23, 2020 1:50:00 PM

Make billing transparent to your customers. Don't rely on a crystal ball for truth!

Photo: Aleksi Friman, Calcus.com

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4 min read

Automated Flexibility To Scale Your Service Business

By Janne Kivilaakso on May 14, 2019 1:28:16 PM

Scalability is a common factor to fast growing and profitable service businesses. It is not only about the ability to manage changes in volume. It also calls for capabilities to quickly respond to market changes with service content and pricing flexibility. And it is also about lowering unit costs when volumes grow. In my blog post Why Scalability Matters in Service business I talked about scalability and what it means. This time I will share some best practises you should consider when moving towards automated monetization.

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