BillingPlatform Adds 700+ Enhancements and Capabilities to its Market-Leading Revenue Lifecycle Management Platform
DENVER, Dec. 13, 2023 /PRNewswire/ -- BillingPlatform, the enterprise revenue lifecycle management platform for innovative business models, today announced its platform enhancements from the past year designed to support innovative pricing strategies, provide seamless onboarding from competitive or homegrown solutions and provide the scale, security and compliance for global deployments.
- BillingPlatform also launched its "Mediation Data Lake," which stores detailed transaction data for increased visibility into details to assist with operational and customer-facing requests.
- Recognize & Report: BillingPlatform now offers its Revenue Recognition product standalone, independently of the core billing platform.
- The company added functionality to simplify management of revenue contract changes and delivered new reports to provide additional views of Deferred Revenue over time to support financial reporting and monthly close processes.
- Additionally, Vertex and Sovos tax engines have improved support capabilities and a new formula assist feature that makes it even easier to tap into the endless flexibility of BillingPlatform.