Order and Bill Management

IDS Solution fast-tracks your order-to-cash process by eliminating manual bottlenecks and errors and establishing a smooth flow from sales quote to approved order, successful order to fulfillment, and timely invoicing to payment. IDS Solution for order and billing management capabilities integrate your sales, finance and fulfillment teams—improving quote accuracy, eliminating billing errors, strengthening revenue recognition processes and driving fulfillment accuracy and efficiency.

The convergence of cloud computing, mobile devices and the internet of things has sparked radical innovations around offer formulation. Businesses are scrambling to shift from a transaction-centric relationship with their customer to a relationship that needs to be built and nurtured. Additionally, companies are facing pressures to launch, build and grow recurring revenue streams as a means to stay relevant in the marketplace. Changing revenue recognition standards compound the rigors of revenue management. This trifecta has elevated billing into a competitive asset in the digital economy.

IDS Order Management and Billing transforms billing from a stodgy, back-office function into a strategic differentiation by placing it at the core of your business. It’s unified, billing framework equips businesses to offer transaction, subscription, usage-based billing, and any hybrid model thereof while managing that revenue accurately and in accordance with the latest revenue recognition standards – all from cloud-based system.

Traditional vendors provide disparate systems for orders, billing and revenue management burdening their customer with the task of cobbling together piece parts via complex integrations. IDS Solution provides an agile and sophisticated solution that offers unparalleled control and flexibility over billing and revenue management processes. It is a centralized and future-proof framework that supports the universe of monetization models and allows our customers to be nimble, innovate rapidly and profit in today’s marketplace.