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NEWS/

LogiSense and servicePath form Strategic Alliance to address the needs of technology companies for agile Billing and best of breed Quote to Cash solutions.

PRESS RELEASE
Cambridge and Burlington, Canada - NOVEMBER 7, 2019

The integrated solution allows organizations the ability to leverage best-of-breed technologies, while at the same time integrating into their existing enterprise systems to reduce time to market and improve accuracy.

LogiSense, a leader in usage-based rating and subscription billing solutions, and servicePath, a leading provider of configure-price-quote (CPQ) solutions, announced today an integrated Quote-To-Cash solution for Enterprise businesses and Service Providers experiencing slow, broken and complex quoting to cash processes.

The alliance allows customers the ability to future-proof their organizations for subscription and usage billing and enable business agility by empowering the business side of the organization to configure-not-code. This flexibility enables businesses to adapt and drive the evolution of the QTC process through experienced, customer-focused collaboration.

Streamlining quote to cash is now a competitive imperative as more organizations strive to build an Agile Monetization Platform. The LogiSense - ServicePath relationship is an example of how innovative suppliers are responding to this need.
Andrew Dailey - Managing Director of MGI Research

Organizations today are experiencing increasing change and velocity in their business model as technology, pricing, and solutions are constantly advancing. Unfortunately, most systems for quote to cash (Billing and CPQ) were not designed for these new needs and rates of change to give the business the agility to change.

The Quote to Cash process is difficult, especially in an era of digital transformation where organizations are trying to upgrade their systems and move towards a combination of subscription and usage based product offerings. This partnership gives our customers the ability to leverage the billing and CPQ strengths of LogiSense and servicePath and transform their Quote to Cash capabilities.
Adam Howatson - CEO of LogiSense
Our combined customer base and target market are an exact match. We serve technology companies that live in constant disruption and change. servicePath is a best of breed CPQ and LogiSense is a best in breed billing and mediation platform.
Daniel Kube - CEO of servicePath

Both LogiSense and servicePath are architected for complex and rapidly changing environments. Customer needs are dynamic, and solutions are constantly evolving. Companies need to be able to set up and configure their own processes without having to line up for IT resources to change and configure their systems.

By teaming with LogiSense we are able to provide an end-to-end QTC solution that truly gives business leaders a competitive advantage.
Daniel Kube - CEO of servicePath

Together LogiSense and servicePath have impacted e-commerce in technology, communications, and enterprise markets across the globe; including well-known companies such as Cisco, Ribbon Communications, Garmin, Vonage, Sierra Wireless (LogiSense) and Daisy, Dell, Ensono, Telent, Timico, Cloud Carib, CentriLogic (servicePath).

For more information please visit www.logisense.com or www.servicepath.co.

About LogiSense
LogiSense provides cloud-based usage rating, mediation and subscription billing solutions for Enterprise, Telecommunications and Internet of Things organizations around the world. Providing the flexibility and scalability to address the service, billing and back-office realities facing today's rapidly-evolving enterprises. More info: www.logisense.com | Twitter: @LogiSense | Linkedin: LogiSense on Linkedin

About servicePath
servicePath is the leading provider CPQ for the technology service provider and MSP industry. The servicePath CPQ+ Software-as-a-Service platform streamlines the process to cost, price, configure, sell and regrade/renew products and services with an emphasis on selling solutions. With clients located on 5 continents, servicePath is a best-of-breed platform that drives quote-to-cash automation, reducing error and consistently delivering a great customer experience.

servicePath is based in Toronto, with offices in London and Asia, with clients around the world and understands the challenges of global technology firms. Visit us at www.servicepath.co.