Enterprise Cloud Billing - Enabler of Business Innovation

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Information about Enterprise Cloud Billing - Enabler of Business Innovation
Business & Mgmt

Published on February 19, 2014

Author: skylinebilling

Source: slideshare.net

Description

A new survey by Cerillion Technologies has revealed a shift in how businesses are changing their pricing strategies. A ‘subscription revolution’ and a growing need to provide more flexible pricing models is changing the way we do business.

Enabler of Business Innovation A new survey by Cerillion Technologies has revealed a shift in how businesses are changing their pricing strategies.A ‘subscription revolution’ and a growing need to provide more flexible pricing models is changing the way we do business. Survey finds that widespread use of inflexible billing models is a brake on business agility of companies across a broad range of industry verticals use either an in-house developed system or manual billing processes 53% of organisations offer This is worrying because our survey 84% one-off product sales shows a new pricing structure is emerging – as the subscription This proportion revolution is gathering pace is set to fall to 51% in the future New pricing initiatives that support recurring revenue are rising steadily in popularity set to rise to Recurring subscriptions are currently used by 41% in the future 38% of organisations to Pay-per-use/ usagebased strategies are expected to rise from 35% in the future 32% today Companies require a change in business model to produce predictable, repeatable revenue streams – and the market needs to respond Pricing flexibility is the answer Solution is enterprise-class cloud billing. It is currently small but growing fast; Just 4% A further of respondents are using a cloudbased system or software-as-aservice approach today 11% are using a managed service ? Why are people looking to cloud billing solutions? 85% of large enterprises say cost savings drive adoption 31% of companies say accessibility of billing information is key What do the industry verticals think? Businesses want access to their billing information at any time, on any device 64% 60% 56% Insurance Telecoms Banking & Finance What is the most important vendor attribute? Billing expertise and track record 29% Excellent customer service 19% Industry-specific knowledge 19% Financial stability 14% Cerillion Skyline is a new cloud billing solution based on Cerillion’s heritage of more than 20 years’ enterprise billing experience, helping businesses embrace the rise of the digital economy www.cerillionskyline.com

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