Billing & Revenue Management Challenge
One of our customers who is a leading AI & tech-powered diagnostic equipment provider, leases equipment to many medical facilities under unique pricing, lease and payment terms. This means that tracking and managing billing & invoicing for multiple complex product and pricing configurations can be significantly time consuming.
Furthermore, they had to manually manage the reconciliation of invoices and payments, which was proving challenging from a resource time perspective. This also impacted the efficiency for which 3rd party agent commissions were calculated and settled.
How OneBill Helped
“Implementing OneBill will help us automate our order-to-cash process, saving significant resource time and making it much easier to manage our complex product pricing offers with varying lease and payment terms. The automated calculation of agent commissions will also facilitate a much more streamlined process.
I was particularly impressed by the quick turnaround of the OneBill team from arranging the first demo of the platform in December to starting the implementation by mid January. Whilst we are still ironing out a few minor elements within the platform (e.g. customizing revenue reports), we are certain that OneBill will make a significant difference in the way we run our business.”
Product Features That Have Been Useful
product & pricing studio price personalization contract management
(Billing & Revenue Management)
payment platform integration external tax engine integration billing & invoicing
(Multi-Level Channel Management)
commission management multi-party settlement