Global enterprise customers now able to monetize, collect and maximize payments all in one revenue lifecycle management platform
BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced the launch of BP Pay, its new payment processing solution. Designed to eliminate the complexity of third-party payment integrations, BP Pay empowers businesses to deliver a unified experience for their customers while reducing costs, streamlining operations and maximizing payment efficiency.
By offering seamless interoperability between billing and payments, BP Pay transforms the traditional “swivel chair” process of flipping between different systems and interfaces for relevant data into a single, end-to-end automated workflow in one platform. With BP Pay, businesses no longer need external connectors or manual interventions, enabling faster implementation, centralized compliance and enhanced customer experiences.
BP Pay is available now and already deployed with multiple customers, including a major insurance technology provider. The company has been using BillingPlatform’s full suite of revenue lifecycle management solutions for more than three years and added BP Pay to further accelerate its business growth.
“BP Pay addresses customer demand for increased revenue and cash visibility and control with a seamless solution that combines billing, invoicing and payment processing in a single platform,” said Igor Stenmark, Managing Director and co-founder of MGI Research. “This type of integrated capability should help organizations remove friction from customer experience and reduce revenue leakage.”
Read More : Global FinTech Interview with Steve Cover, CTO, iPipeline
BP Pay addresses critical pain points faced by businesses managing disparate billing and payments solutions, including:
- Optimized Payment Processing: Seamless, native functionality eliminates external systems, reducing downtime and failures.
- End-to-End Automation: Streamlined workflows minimize manual tasks, ensuring smoother operations.
- Enhanced Customer Experience: Reliable performance and single-vendor support enhance satisfaction and simplify issue resolution.
- Business Efficiency: Faster implementation and centralized PCI DSS compliance reduce setup time and regulatory burden. Unified audit trails make record-keeping easier and more reliable.
“By offering best-in-class payments processing directly into our platform we’re doing more than just simplifying processes, we’re also helping enterprises unlock new levels of business agility and customer satisfaction,” said Dennis Wall, BillingPlatform CEO. “BP Pay underscores our vision of providing a complete revenue management solution that adapts to the dynamic needs of modern digital enterprises worldwide.”
BillingPlatform has earned many recent accolades, including being recognized as the Leader in Forrester Research’s “The Forrester Wave™: Recurring Billing Solutions, Q1 2025,” being a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, named the Leader in QKS Group’s SPARK Matrix™ Report for Subscription & SaaS Billing Management, named to Constellation Research’s Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research and named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment. The company was also awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognized as a fast-growing company on Deloitte’s Technology Fast 500™, listed on the Inc. 5000 and recognized by the SIIA CODiE Awards program as the Best Subscription Billing Solution.
Read More: Why Small Businesses Must Adapt to a Real-Time Payments Environment
[To share your insights with us, please write to psen@itechseries.com ]
