Subscription billing models enable organizations to transform from a one-time selling model to one that generates predictable recurring revenue and provides the end customer with more value for their money.
Bundling hardware, software, maintenance and installation improves your margins. Pricing then becomes a function of the value of the solution being provided and not simply the underlying and diminishing product cost, protecting you against commoditizing your products.
Additionally, subscription billing extends a one-time transaction into a long-term customer relationship, increasing the potential to drive further sales. While this will be beneficial to the company’s bottom line, it also will impact the back office system, and to a larger extent, the corporate culture of enterprise organizations.
Enterprises, with a vast array of offerings need a way to converge business models onto a single platform that is capable of supporting the value each product or service provides to the end customer.
LogiSense provides the flexibility for the most innovative and aggressive marketing plans. It allows service providers to add value for the organization as well as consumers.