Commercial Excellence
Billing Modernization
Capability
Billing Modernization
TechTorch’s Billing Modernization Capability transforms outdated, manual billing processes into streamlined, automated workflows that reduce errors, increase efficiency, and drive revenue growth. Leveraging tools like Salesforce, NetSuite, Zone&Co, Zuora, MonetizeNow, and other billing engines, we optimize billing operations for subscription, consumption-based, and hybrid pricing models.
Our solution automates invoicing, handles complex discount scenarios, and provides real-time analytics, ensuring accuracy and scalability. This accelerator is ideal for businesses with dynamic pricing needs, enabling them to focus on strategic growth while maintaining seamless billing operations.
Challenges
Challenges in Billing Modernization
Revenue Leakage: Errors in billing processes result in lost revenue and customer dissatisfaction.
Manual Billing Processes: Inefficient workflows lead to delays, errors, and resource-intensive operations.
Lack of Automation: Invoicing and billing tasks are repetitive and prone to human error.
Complex Pricing Scenarios: Handling multi-tier pricing, discounts, and custom agreements manually increases risk and time.
Scaling Challenges: Manual systems struggle to scale with subscription or consumption-based business models.
Poor Visibility: Limited analytics and insights hinder understanding of billing performance and trends.
benefits
Benefits of Billing Modernization
Support for complex scenarios: Seamlessly handles multi-tier pricing, discounts, and custom agreements.
Automated Billing: Eliminates manual workflows for invoicing and billing, reducing errors and delays.
Scalability: Optimized for subscription and consumption-based models, enabling businesses to scale with ease.
Real-Time Analytics: Provides actionable insights into billing performance and revenue trends.
Revenue Assurance: Minimizes revenue leakage through accurate and consistent billing.
Improved Efficiency: Frees up finance and operations teams to focus on strategic initiatives.
ready to fix billing for scale and speed?
Book a TechTorch consult to automate invoicing, reduce errors, and unlock revenue with real-time billing insights.
case studies
Modernizing Billing for a US-Based Healthcare SaaS Company
A US-based SaaS company struggled with inefficiencies in its billing process. Manual workflows for invoicing and handling multi-tier pricing led to frequent errors, delayed payments, and customer dissatisfaction…