Market-leading wireless infrastructure company with operations in 10 European countries seeks to streamline and automate complex quote-to-pay processes to fuel growth
DENVER, September 7, 2022 /PRNewswire/ — Billing platformthe enterprise monetization platform for today’s innovative business models, today announced that Observation towersa leading company in the field of lathes Europeselected his Billing and Revenue recognition products like its enterprise revenue management and billing solution under a five-year agreement. BillingPlatform was selected for its unified quote-to-pay capabilities in a secure, cloud-based solution that will streamline, automate and scale Vantage Towers business processes.
Based in Dusseldorf, Germany and generating over $1 billion in revenue in FY22, Vantage Towers is one of the leading tower companies in Europe with around 83,000 locations in 10 countries, connecting people, businesses and devices in cities and rural areas. The company’s portfolio includes towers, masts, rooftop sites, distributed antenna systems (DAS) and small cells that combine to provide mobile network operators, IoT companies and utilities with better connectivity options through Europe.
As Vantage Towers continues to grow through its shared network model, increased rental and its role as a 5G superhost, it has recognized the need to charge customers based on a set complex and variable array of data points and billing types – from geographic locations to infrastructure types, usage levels, etc. The selection of BillingPlatform came after a thorough review of all market options and was based on its security, cloud scale and ability to be configured to enable new business models and products as Vantage Towers needs. evolve and develop over time.
“Our industry-leading mobile infrastructure has the scale and geographic reach to help our customers accelerate Europe digital transition and the coverage and capacity that will revolutionize everyday life in a new digital and mobile world,” said Lena Bettermann, Supply Chain Manager at Vantage Towers. “BillingPlatform will be a key strategic enabler of our future growth initiatives based on its ability to manage our sophisticated business, easy-to-use interface, scalability and enterprise-class security to help our mobile operator customers manage and consume more easily. our infrastructure and services to optimize their networks.”
With global customers serving multiple industries including communications, transportation, media and entertainment, retail, finance, and software, BillingPlatform is the only enterprise billing and monetization solution on the market. which allows businesses to monetize any type of product offering, from simple subscriptions to sophisticated products. usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support from the quote-to-pay process, all on a secure, next-generation cloud platform. The platform’s unparalleled flexibility gives businesses control over how they differentiate in the marketplace, maximize profitability, reduce operational costs, and improve customer experience.
“With its extensive and geographically diverse network infrastructure, Vantage Towers plays a key role in connecting Europe people, businesses and devices to make the region a digital leader,” said Denis Wall, CEO of BillingPlatform. “Vantage Towers is representative of market-leading innovators who look to BillingPlatform to help power their business transformation efforts, and we look forward to demonstrating our ability to support global telecommunications and wireless market leaders.”
This news follows BillingPlatform announcing that MGI Search positioned BillingPlatform’s automated revenue management solution as a market leader based on independent analysis of its product, management, strategy, financials and channels. The company was also listed at No. 2,396 on the 2022 Inc. 5000recognized as a silver award winner in the Best in Biz Awards Enterprise Product of the Year – Financial Software category, recognized as a fast growing company on Deloitte Technology Fast 500™ and named a winner in the 2021 list of Colorado businesses to watch.
About BillingPlatform, Corp.
BillingPlatform’s Enterprise Monetization Platform gives innovative companies the freedom to effectively monetize products and services that result in growth and competitive differentiation. Our industry-leading, cloud-based platform adapts to every business model and pricing structure. With global customers across multiple industries including communications, transportation, manufacturing, banking, technology, energy, media and software, BillingPlatform processes billions of transactions and dollars each year, enabling businesses to increase revenues, reduce costs and improve the overall customer experience. To learn more, visit billingplatform.com.
SOURCE billing platform