Order-to-Cash Platform for Modern Enterprises

With the 5G revolution, we have a growing number of competitors. We needed a billing and revenue recognition solution that would support our business growth as we gain market share from existing competitors and fend off new entrants. RecVue was the perfect partner we needed on this journey.

“To get to where we are today, it would have required at least five additional headcount if we did not have RecVue. Now we can focus on our more important priorities, like executing on new business.” 

“There were two main business problems we needed to solve: automation of complex usage-based calculations and automation of the consumer price index application. RecVue’s versatility solved both issues and eliminated hours of manual effort!” 

“Leveraging RecVue’s technology platform will enable Hertz to continue our digital transformation journey and respond to evolving customer demand .”

“RecVue was able to simply and efficiently address the challenges we were having with our complex subscription pricing and recurring billing rules. No other platform on the market has the flexibility and scalability to manage the growth in our recurring revenue business. It’s been a true partnership.”

“We’ve been able to significantly reduce the cost and complexity of our revenue operations using RecVue’s OLM suite of applications. Automating, streamlining, and optimizing our order-to-cash process has helped our finance and operations teams focus more on the strategic challenges that we face.”

After evaluating RecVue, we realized that we had found a solution that aligned with the complexities of our business.

RecVue has been a key component of our ability to enable digital transformation for our customers.

Back in June 2018, we were on average 4 months behind in billing. As of January 2019, we have a 1-3 day window between contract and billing. This has resulted in huge time savings and we understand the business much better.

“We’ve been able to significantly reduce the cost and complexity of our revenue operations using RecVue’s OLM suite of applications. Automating, streamlining, and optimizing our order-to-cash process has helped our finance and operations teams focus more on the strategic challenges that we face.”  

“RecVue was able to simply and efficiently address the challenges we were having with our complex subscription pricing and recurring billing rules. No other platform on the market has the flexibility and scalability to manage the growth in our recurring revenue business. It’s been a true partnership.” 

“The RecVue team caught on really quickly to completely change our billing system. Now we can identify errors and bill for services or delay fees that were previously not captured, allowing us to generate more revenue for ATS.”

“To get to where we are today, it would have required at least five additional headcount if we did not have RecVue. Now we can focus on our more important priorities, like executing on new business.”

“There were two main business problems we needed to solve: automation of complex usage-based calculations and automation of the consumer price index application. RecVue’s versatility solved both issues and eliminated hours of manual effort!”

Now we can see each day where we stand in the billing cycle and have a much clearer view of the status of our invoices. The ability to add more stations and invoices, without causing strain by adding additional days for closing or adding additional headcount, has increased our productivity and accuracy tremendously.

Reporting with RecVue is really a plus for us. Our old system had some reporting, but you had to get IT involved. With RecVue, it is much easier to extract data, review it, and do comparisons.

“The RecVue team caught on really quickly to completely change our billing system. Now we can identify errors and bill for services or delay fees that were previously not captured, allowing us to generate more revenue for ATS.” 

We needed a platform that was flexible enough “to handle not only the multitude of our current billing scenarios, but more importantly, our future billing scenarios that are in our current roadmap and even those that are not. In addition, we needed a platform that would provide insights into the health of our subscriber base with full visibility of ARR, churn rate, etc. RecVue has not only been able to satisfy these requirements, but it’s also been instrumental in moving us from a highly manual to an automated process, expediting our month-end close and ensuring all revenue is accounted for.