Subscription and Usage Billing
Monetize Anything. Personalize Everything™
Subscription Billing
Ultimate flexibility for different subscription charges based on current product state. Tier your subscription charges utilizing bracketed and waterfall structures.
2-Tiered Product/Service Construction
Create your subscriptions by including multiple chargable services. Include one time fees, recurring charges and discounts in different creative bundles.
Customer Specific Price Plans
Define special customer product pricing catalogs for key accounts. Create powerful price plans with volume discounts and deal customization through Salesforce™.
Product Catalog Flexibility
Flexibility to meet Product Manager demands on creative pricing. Easily define separate chargable items and then organize them into different product offerings with specialized pricing. Recurring fees, one time charges, usage inclusions and specialized rate plans.
Product/Service
LogiSense's 2-tier structure creating products as a combination of multiple services creates extreme flexibility for creative pricing to beat your competition.
State Based Pricing
Define different prices for your subscriptions based on the state of the service. Extremely valuable in IoT but also applicable to Enterprise and Communications.
Multi-Currency
Configure your product catalog pricing in multiple or one base level currency. Customers will be invoiced either set pricing for their currency or based on an exchange rate.
Real-Time Usage Rating
Rate any type of usage data from simple to complex. Whether it be data, voice, SMS, APIs or any kind of recordable event record, LogiSense's real-time rating engine has you covered.
Share Plans, Inclusions & Pooling
Create variable, fixed, individual and tiered usage allocations. Pools can be defined accross multiple accounts, individual accounts or individual services. Once included usage is exceeded overage charges are applied.
Exception Handling
Any data that can not be categorized or assigned to an account are moved to an exception table for re-processing. Adjust rates, make corrections and re-rate affected records at the click of a button.
Usage Mediation
LogiSense's powerful data import tooling allows for easy consumption and mediation of usage data. Capture lost revenue by managing exceptions.
Visual Configuration
Leverage the visual data mapping tools to map usage feed fields to meaningful objects used during rating. Apply built-in formulas for trasformation and mediation decisions.
Customization
Add custom fields to your usage feeds to track important data for rating or analytics. For complex logic leverage the mediation plug-in architecture for forumulas.
Providing Flexible Billing Options to Leading Global Businesses
Personalized Contracts
Create deal specific pricing to meet customer demands. Utilize LogiSense's powerful contract commitments to ensure your customers meet the agreed upon terms for their special pricing. Ensure that you're capturing your revenue when customers under commit.
Contracts
Apply the flexibility of both line item and account based contracts. Specify your contract renewal terms, termination statuses and if contracts should co-terminate.
Commitments
Apply volume commits, ramp-up schedules, minimum spend amounts, usage amounts, number of connections and under commit penalties.
Early Termination
Model early termination charges (WHATIF analysis) and create Tiered termination penalties for when contracts terminate early.
Billing Your Customers
Configure LogiSense's billing platform around your business needs. Whether you perform anniversary billing, pre-defined bill dates, run automated billing and collections or have a formal invoice review process before delivery.
Bill Runs & Collections
Automate your bill runs and configure your collections rules. Setup different AR terms and configure dunning processes to notify customers and ensure that you are collecting your revenue.
Bill Groups
Group your customers who bill in a similar fashion. When they recieve their invoices, which invoice templates to utilize and how they want their invoices delivered.
Invoice Templating
Build an unlimited number of invoice templates to match your needs. Utilize corporate colors, logos to build informative invoice layouts with as much summary or detailed information as needed.