LogiSense
UnclaimedMeasure and monetize any product or service with flexible, usage-based billing.
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TL;DR - LogiSense
- Specializes in usage-based, hybrid, and subscription billing.
- Automates quote-to-cash processes including collections and revenue recognition.
- Offers extensive pricing flexibility for diverse business models and industries.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Offers unparalleled flexibility in pricing models, including complex usage-based scenarios.
- Automates critical financial processes like billing, collections, and revenue recognition.
- Provides real-time visibility into usage and revenue, aiding strategic decision-making.
- Supports global operations with multi-currency capabilities.
- Designed for scalability and agility, allowing quick adaptation to market changes and new product launches.
Cons
- Specific pricing details are not publicly available, requiring a demo or direct contact.
- The extensive feature set might have a learning curve for new users.
- Requires integration with existing systems, which may involve implementation effort.
Key Features
Usage-Based BillingSubscription BillingHybrid BillingReal-Time RatingMultiple Currencies SupportCustomer DiscountsContract Commitments ManagementCPQ & Order Taking
Pricing
Paid
LogiSense offers paid plans. Visit their website for current pricing details.
About LogiSense
By Toolradar Team·
LogiSense provides a comprehensive billing platform designed to help businesses accurately measure and monetize their products and services. It specializes in usage-based, hybrid, and subscription billing models, enabling companies to adapt quickly to market changes and customer demands. The platform streamlines the entire quote-to-cash process, from flexible pricing and order taking to automated collections and revenue recognition.
This solution is ideal for businesses across various industries, including communications, IoT, and XaaS providers, as well as departments like finance, IT, product, and marketing. LogiSense helps these organizations manage complex pricing structures, ensure billing accuracy, comply with audit and tax regulations, and gain complete revenue visibility, ultimately driving growth and improving cash flow.
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LogiSense FAQ
How does LogiSense handle complex usage-based scenarios for services like IoT or telecommunications?
LogiSense features advanced rating and mediation engines specifically designed to process high volumes of usage data from diverse sources. It can apply complex rating logic, including geography and zone-based rate cards, real-time rating, and shared use plans, to accurately bill for sophisticated services like those found in IoT and telecommunications.
Can LogiSense integrate with existing CRM and ERP systems to streamline the quote-to-cash process?
Yes, LogiSense offers seamless API integration and specifically mentions Salesforce integration. This allows for the automation and optimization of existing downstream integrations, ensuring a unified quote-to-cash workflow from initial customer interaction through to billing and revenue recognition.
What kind of flexibility does LogiSense offer for creating bundled products and applying discounts?
LogiSense provides extensive catalog flexibility, allowing businesses to bundle products and services in any combination of subscriptions and usage. It supports various discount structures, including volume pricing and customer-specific discounts, enabling businesses to create attractive offers and incentivize larger purchases.
How does LogiSense ensure compliance with financial regulations and provide audit trails?
The platform includes features for audit, tax, and compliance management. It supports accurate communications taxation and provides robust reporting capabilities to satisfy audit requirements and ensure financial transparency and adherence to regulatory standards.
Is it possible to manage contract commitments and ensure predictable revenue streams with LogiSense?
Yes, LogiSense supports the management of contract commitments. This feature helps businesses secure a steady and predictable stream of revenue, improve cash flow, and offer customers flexible pricing options based on their commitment levels.
What tools does LogiSense provide for customers to manage their own accounts and usage?
LogiSense offers a self-serve customer portal. This portal empowers customers to view their usage, manage their subscriptions, and access their billing information, reducing the support burden on the business and enhancing customer satisfaction.
Source: logisense.com