BillingPlatform and Ravus Announce Strategic Partnership
First of its kind partnership aims to modernize monetization strategies for enterprises globally
Missoula, MT – September 3, 2024 – Ravus, a customer-centric revenue management consultancy, announces a strategic partnership with BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models to accelerate revenue generation for their joint customers. This new partnership maximizes the power and extensibility of BillingPlatform’s technology with Ravus’ depth in revenue management advisory, implementation and managed services to meet the challenges of modern monetization.
Together, BillingPlatform and Ravus provide the technology and strategy integral to realizing the revenue ambitions of the modern enterprise. Maximizing the ability of organizations to bring new offerings to market, gain insights into customer health and maximize revenue attainment are the partnership’s north stars.
"Our partnership with Ravus represents a significant milestone in our mission to empower businesses with cutting-edge revenue lifecycle management solutions," said Mark Swanholm, VP of Partnerships at BillingPlatform. "By combining our robust, cloud-based technology with Ravus' unparalleled expertise in revenue management, we are uniquely positioned to help enterprises navigate the complexities of modern monetization strategies. This collaboration is designed to drive operational agility, enhance the customer experience and ultimately, accelerate revenue growth for our joint customers."
“When our founders were assessing the right strategic partner to build our initial offerings around, we were hyper-focused on selecting a partner that had the strategic vision, product capability and customer centricity that we have all valued during our careers in this space, and BillingPlatform was the clear choice,” said Derek Magnusen, Co-Founder of Ravus.
“BillingPlatform’s solution architecture provides the backbone for revenue lifecycle management modernization, and here at Ravus we can help accelerate that. We’re excited to announce this partnership focused on increasing the efficiency and flexibility of our clients’ back-office systems and processes,” Chelsea Fickbohm, Co-Founder of Ravus, adds.
BillingPlatform has earned many accolades this past year, including being named a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, recognized as the Leader in Forrester Research’s “The Forrester Wave™: SaaS Recurring Billing Solutions,” being evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, ranked as the Overall Leader and an “Exemplary Vendor” in Ventana Research’s Subscription Management Value Index report, named to Constellation Research’s Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research, named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment and positioned as the leader in Quadrant Knowledge Solutions SPARK Matrix™ Report for Subscription and Billing Management. The company was also recognized for a fourth year in a row as a fast-growing company on Deloitte’s Technology Fast 500™, honored by Best in Biz Awards for its fourth consecutive year, listed on the 2024 Inc. 5000 for a fourth year in a row and recognized by SIIA for the second consecutive year as the Best Subscription Billing Solution in the CODiE Awards.
About Ravus
Ravus Inc. provides a full suite of consulting offerings focused on modernizing how revenue is managed. Billing is at the center of our bullseye and the Ravus team has spent decades working with the top SaaS providers and building a market leading viewpoint on how best to deliver upon the promise of a revenue transformation. From the inception point to the maintenance stage, Ravus is equipped to provide guidance as a strategic partner invested in your success.
About BillingPlatform, Corp.
BillingPlatform empowers businesses with innovative software solutions to optimize revenue generation through every stage of the customer lifecycle, powering growth through operational agility along with a frictionless customer experience. Our industry-leading, cloud-based platform is leveraged by global enterprises to optimize the customer journey from idea to revenue. With global customers across multiple industries, including software, finance, media, transportation and communications, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit billingplatform.com.
