Enabling Revenue Engineering
Cloud based fully managed Metering, Rating, Usage-based pricing & Billing platform with Cost and Profit engineering capabilities.
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How It Works
Configure
Create new products, Plans, meters, set flexible custom pricing and discounts with our easy to use configuration tools
Ingest
Send any usage or cost data, such as API calls, messages, etc. at any desired level of frequency or detail to rate your customer
Invoice
Present your bills & invoices accurately with automated process to maximize recurring revenue and improve customer experience
Optimize
Optimize revenue by experimenting with different pricing plans based on historical usage data to identify best one suitable for your business
Model
Create models to determine the right price & cost levers to maximise revenue/profit and drive adoption
Offerings
Usage based pricing
Create and deploy usage-based pricing models quickly and easily. Configure plans, manage subscriptions, and streamline invoice management with accurately metered, millions of usage data. Apply hassle free discounts and add-ons on plans or for specific subscriber.
Optimization & Analytics
Analyze pricing plans’ performance KPIs and their usage with MeterStack’s multi-dimensional analytics. Know usage trends, back-test pricing strategies on historical data and with data driven decisions optimize pricing strategies to ensure maximum revenue potential.
License-as-a-service
Control access of services based on defined policies, whether they are time based, user-based, pay-as-you go licenses or any combination of these. MeterStack’s license lifecycle management facilitates in preventing license leakage with proactive reminders and notifications.
Revenue Engineering
Drive profitability through cost engineering, variance analysis, and accurate forecasts. Gain insights into per unit profitability to make informed decisions about pricing and customer acquisition strategies to maximize your revenue potential.
All round revenue engineering use cases implementation available out of the box.
Rich Feature Support
- Integrated case management to resolve customer issues & better experience
- In-build support for popular Pricing and licensing models with Rating engine
- Real-time reporting & multi-dimensional analytics
- 24*7 alerting for granular visibility into usage & adoption
- Fair, transparent billing & real-time visibility to usage & spend to customers
Engineering Excellence
- Highly available, scalability for billions of transactions & carrier grade security
- Integrated BI tool for custom reporting & analytics
- Integration framework to collaborate with home grown & 3rd party systems
- Built-in AI ML studio to custom model Revenue Cost and subscriber data
- An API-first service enabling deployment flexibility & high levels of automation
Faster Time-to-Market
Simple plug-and-play platform to integrate in few steps that reduce the complexity of managing entire revenue Journey
Why Us?
- Plug leakages effectively. Integrated plumbing for Meters & Invoices
- Implement Usage-based-pricing Explore revenue optimization options
- Revenue & Usage analytics Painless billing operations & pricing agility
- Superlative customer experience Profitability pattern analytics - per customer, project, team or product.
Frequently Asked Questions
What are the customizable pricing plans offered by MeterStack?
MeterStack offers a variety of customizable pricing plans, including flat rate, per-unit, tiered, volume, and stair-step.
How can businesses use these pricing plans to fit their unique needs?
Businesses can choose the pricing plan that best fits their business model and customer base. For example, a SaaS company offering a subscription-based service can use the flat rate pricing plan to offer a fixed monthly fee to customers, while a utility provider offering a usage-based service can use the per-unit pricing plan to charge customers based on their actual usage.
Can businesses customize and modify their pricing plans with MeterStack?
Yes, MeterStack allows businesses to easily customize and modify their pricing plans as needed, based on market conditions, customer demand, or other factors. This allows businesses to continuously optimize their pricing strategies and drive more revenue.
Can businesses use MeterStack's for real-time usage tracking to adjust their pricing plans ?
Yes, businesses can use MeterStack’s real-time usage tracking to monitor individual customer usage and adjust their pricing plans accordingly. For example, a subscription-based cloud storage provider could offer an upgraded plan at a higher price to a customer consistently using more storage than they are paying for, or a downgraded plan at a lower price to a customer consistently using less storage than they are paying for.
What is a license management system and why is it important for businesses?
A license management system is a tool that enables businesses to generate, manage, and track licenses for their products, ensuring that customers have access to the features and functionality they have paid for. It is a critical component of business, as it helps businesses increase revenue, improve customer satisfaction, and reduce revenue leakage by enabling them to easily and effectively manage licenses for their products.
Are you looking for a billing platform that can scale with your business?
