Billing Platform
A billing platform is a technology solution that allows organizations to manage invoicing, payments, reconciliation, and other activities related to billing. Billing platforms can offer a wide variety of features and functionality. However, to manage subscription commerce most effectively, a cloud billing that has the flexibility to accommodate numerous pricing models—one time, recurring, tiered, and usage-based, etc.—provides automation capabilities, and offers the ability to tailor invoices and other aspects of the customer experience is ideal.