Gaining greater control and access to billing capabilities can go a long way toward improving processes, productivity and efficiency within the enterprise. When the solution also delivers enhanced flexibility, the deployment is a wise one.
Cycle30 wanted to enable their customers to have more control and access with a hosted billing system that also offered more flexibility within their system, according to the company’s vice president of sales, said Jeth Harbinson in this TMC (News - Alert) video. Cycle30 set out to give customers a hosted billing solution that could offer more than a traditional billing system.
With its full line of hosted billing products, Cycle30 has a key offering: a complete order-to-cash solution. This solution has all the necessary disciplines, including information on which customers are sending out those bills for specific clients or projects. This particular hosted billing service allows customers to access Web-based interfaces to look at their usage, products and packages and make changes. Cycle30 provides the entire infrastructure in between.
Compared to other hosted billing providers, Cycle30 has open architecture and interfaces with a lot of elements customers are already using. Because of the already upgraded technology, those users can bring in pieces or parts of the hosted billing system. Or, if needed, they can bring in the entire ecosystem in a service as a solution model.
The cloud is unique in that cost models and time-to-markets have gotten cheaper from a cost perspective and businesses. A SaaS (News - Alert) cloud model is really attractive to new businesses, emerging markets and even existing businesses that want to leverage a new business model quickly. The hosted billing solution in the cloud enables them to do so efficiently.
Another exciting aspect to Cycle30 is its activity in the machine-to-machine space. Harbinson says there is significant opportunity as semi-conductor devices and smartphones and tablets that are getting smarter and transmitting a lot of wireless data over networks that benefit customers, end customers, manufacturers and everyone in between.
With these new revenue streams, Cycle30 can create a lot of new opportunities for anything from fleet, medical, financial, communications and utilities. Harbinson believes it really opens up the gamete of opportunities for technology companies like Cycle30 to get involved. When that happens, the customers benefit from greater access and flexibility in hosted billing solutions that extend beyond productivity improvements.
Want to know more? Check out the video in full.
Edited by Tammy Wolf