We have seen cloud based subscription businesses and On-Demand service providers have new billing and revenue management processes that typically go beyond the capabilities of their current financial infrastructure. Each account requires a recurring bill that accurately presents charges for past transactions, current services, and future subscriptions. Integration with metering is essential to operating at scale. Revenue accounting policies must be enforced throughout the process. Otherwise, revenue items, especially overage fees, can easily fall through the cracks.
eVapt has a solution to address all the above challenges:
Cloud Express: Simplifies the whole set of things for you and your customers
eVapt provides a single On-Demand Billing Platform that drives service bundling, metering, billing and accounting directly from customer contract and usage data. Spreadsheet accounting, in-house solution and on-premises implementation are a set of things of the past. The moment an order is entered into eVapt all pricing, licensing, billing, and revenue accounting is fully automated. Complex pricing plans can be implemented and managed with ease. Customer specific billing is always timely, always accurate, even for overages. Tracking for expenses and commissions is built in.
In addition, information is captured in a comprehensive database providing unprecedented performance analysis and forecasting capabilities. As a result, operation & finance executives can optimize revenue, lower costs, maximize infrastructure utilization, and better manage the true growth drivers of the business.
Customized solution for your entire business @ $349*/Month
* Preview version included. Full access requires additional license.
Includes following Solution Modules: