Modern revenue lifecycle management platform receives the highest score possible (5 out of 5)
in 16 out of 22 criteria analyzing the company’s current offering and strategy
DENVER, Feb. 3, 2025 /PRNewswire/ — BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that Forrester Research, a leading global research and advisory firm, has ranked BillingPlatform as a Leader in its “The Forrester Wave™: Recurring Billing Solutions, Q1 2025” report (Forrester Research, Inc., February 3, 2025, Lily Varon)i. In a detailed market analysis, Forrester writes, “BillingPlatform is a rapidly growing company with a strong engineering backbone and a growing portfolio of solutions. It serves a broad range of customers and monetization strategies…it dedicates more resources to innovation than others evaluated and has unique products and services…”
In this Wave, Forrester evaluated 13 vendors against 22 criteria in two high-level categories: Current Offering and Strategy. BillingPlatform received the highest score possible (5 out of 5) in 16 of the 22 criteria, including:
- Current Offering: Products and Bundles, Billing Logic, Extensibility, Usage Data, Middle Office, Analytics and Insights, Global Entity Management, Usability and Configuration, Reliability and Scalability
- Strategy: Vision, Innovation, Roadmap, Partner Ecosystem, Adoption, and Community
“Forrester calls billing technology the ‘unsung hero of business adaptability and resiliency.’ We agree and it’s why we continue to invest and innovate to deliver what we view as the only platform enterprises need to optimize the full customer journey from idea to revenue,” said Dennis Wall, BillingPlatform CEO. “We believe our recognition as a Leader in this Forrester Wave along with other industry analyst reports definitively cements our position as the technology and market leader for modern revenue lifecycle management.”
In analyzing BillingPlatform, the Wave also notes:
- “BillingPlatform’s ambitious vision and roadmap focuses on building more applications to manage the entire accounts receivable lifecycle.”
- “Customers appreciate the flexibility to configure BillingPlatform’s solution without engaging professional services…they also appreciate that usage data transformation (i.e., mediation) is native to BillingPlatform and that the solution can handle high volumes of usage and billing data.”
N-able Technologies, a leading global software provider of IT management, data protection and security solutions, is a BillingPlatform customer focused on empowering MSPs with solutions to help accelerate the digital transformation of small to medium-sized enterprises. N-able began implementing BillingPlatform in 2018 after acquiring multiple companies and needing to consolidate six legacy billing systems to one platform that gave them more control, reduced costs and helped N-able accelerate their business.
“We have multifaceted, high-volume billing and we were able to standardize onto BillingPlatform to consolidate billing and financial processing and accelerate growth while maintaining compliance and control,” said Joel Kemmerer, CIO of N-able. “In fact, BillingPlatform is one of our top tech partners – that’s how important transforming our revenue management has been to our company.”
Working with major enterprises including Carrier, DIRECTV, Instacart, J.P. Morgan, Panera and Vantage Towers, BillingPlatform is the only billing and revenue management solution on the market that enables enterprises to monetize any type of product offering. BillingPlatform provides full lifecycle support of the monetization process – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.
BillingPlatform has earned many accolades this year, including being recognized for the fifth year in a row as a fast-growing company on Deloitte’s Technology Fast 500™, listed for the fourth consecutive year on the Inc. 5000 and recognized by SIIA CODiE as the Best Subscription Billing Solution.
For more information about BillingPlatform and the recurring billing market, access “The Forrester WaveÔ: Recurring Billing Solutions, Q1 2025” report.
About BillingPlatform, Corp.
BillingPlatform empowers businesses with innovative software solutions to optimize revenue generation through every stage of the customer lifecycle, powering growth through operational agility along with a frictionless customer experience. Our industry-leading, cloud-based platform is leveraged by global enterprises to optimize the customer journey from idea to revenue. With global customers across multiple industries, including software, finance, media, transportation, and communications, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit billingplatform.com.
i Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here.
SOURCE BillingPlatform