Tuesday, February 14, 2012

OneBill delivers industry’s first subscription commerce platform

SANTA CLARA, USA: OneBill Inc. announced the general availability of the OneBill Subscription Commerce Platform, v2.1. This new release unleashes the revenue potential of social commerce through integration with social networking sites.

The marketing, promotion, and selling of new subscription offers opens a new revenue stream from the rapidly-growing number of social interactions, turning social media into a lucrative sales channel for subscription services companies. Additionally, OneBill offers end-to-end Business Support Systems (BSS) functionalities on a single platform to support the entire concept-to-cash process, resulting in lower costs by eliminating significant customization, integration and maintenance costs. OneBill delivers the first, true ‘BSS in a box’.

OneBill will be demonstrating OneBill Subscription Commerce Platform v2.1 this week in Booth #701 at the Cloud Computing Conference and Expo this week in Santa Clara, California.

“Traditional billing systems are point products with limited functionality and enable only a piece of the entire concept to cash process,” said Alan Radding, analyst at Independent Assessment. “Attempting to modify and integrate these applications with other point products in the process is costly, cumbersome and a hindrance to growth. Progressive companies are wise to adopt a platform strategy with a foundation like OneBill Subscription Commerce Platform for concept to cash.”

OneBill Subscription Commerce Platform is an integrated solution to manage a subscription services company’s core business functions by connecting internal Marketing, Sales, Operations, and Technology departments to the provider’s external customers, influencers, and prospects. This solution is the next evolution in delivering Product Management, Order Management, Customer Management and Revenue Management functionalities to efficiently monetize any cloud business.

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