BILLING JOURNALTake your Business to the Next Level

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Are you fast enough? The New Age of the Agile Economy

With the increasing advancement of modern technology, companies are finding faster and more effective ways of delivering products and services. New players are disrupting long-standing industries and forcing businesses to be more innovative and agile.
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4 Features that Automate the Billing Process

If you have a complex billing model, your main goal is to automate as much as possible so that you can focus less on maintenance and operation and more on innovation and growth. When selecting a billing vendor it’s important to keep in mind that the billing system should conform to your business — not
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3 Truths about Monetization in the Modern Economy

You Can’t Ignore Billing. Billing is a means to an end, and is one of the most important functions in a business. Without billing and invoicing, you don’t collect money, and you don’t grow. There are a variety of legacy technologies that tried to simplify the billing process, or improve its efficiency, but those providers
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4 Predictions for 2017: A Shift from Billing Systems to Monetization Platforms

In 2016, MGI Research made a bold statement – that Quote-to-Cash is Dead. To see real improvement in salesforce productivity, customer churn, revenue leakage, and compliance, a more comprehensive approach to monetization and the processes supporting it is an imperative. Agility in the ability to repackage, re-price and deliver existing services as well as the
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Monetizing the Internet of Things. The Need for Agile Billing

As technology evolves at an increasingly rapid rate, fueled by advances in networks and connectivity, a global trend is emerging that is causing major disruption in almost every industry: smart devices that connect to the internet. This Internet of Things (IOT, as it’s being called) affects both B2B and B2C service models, and is becoming
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Revenue Recognition – Are you Ready?

Revenue Recognition (Rev Rec) is becoming a standard feature within many billing systems today as it becomes a new focus in response to new policies and regulations. In 2014, the Financial Accounting Standards Board (FASB) issued an update to the Generally Accepted Accounting Principles (GAAP) that has taken effect this year, and will continue to

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