For many organizations the transformation to cloud computing and Software-as-a-Service has paved the way for usage-based pay-as-you-go or pay-per-use business models. These increasingly popular models are often combined with a subscription offering to deliver a compelling proposition that reduces large upfront capital expenditures while providing an ongoing and predictable cost model.
In addition to augmenting subscriptions, usage-based models can provide a company with granular information about when, where and how often customers consume their products and services. This data can then be used to refine customer pricing and how to best bundle products and services in order to further drive customer profitability and a much-improved customer experience.
The LogiSense Usage Rating and Subscription Billing system provides the tools service providers need to accurately bill for large volumes of usage, while providing customers with easy to understand and transparent billing options.