How Recurring Revenue Business Models are Impacting Finance Organizations | RecVue

Presented by RecVue and Financial Executives International
Watch Archived Webinar | Download Presentation 

Globally, enterprises are shifting to recurring revenue business models. These new business models demand continuous adjustment to product and service offerings, including frequent changes to pricing and contracts, and the ability to capture and manage much higher volumes of transactions than was previously required. This is having a dramatic impact on finance organizations, often resulting in billing and payment delays.

Hear a customer case study from ACI Worldwide, a global payments company, who struggled to combine 3 separate billing systems and 80-plus usage systems across 4 acquired companies, while integrating with Oracle ERP.

Join this webinar and discover how RecVue helped ACI to integrate usage transactions into a single platform for contract management and billing, automate the entire order-to-invoice cycle, and gain insight into the entire population of usage data and billing transactions to identify revenue leakage and potential opportunities for new revenue.

Learn how ACI Worldwide:

  • Achieved a 52% reduction in time to invoice
  • Reduced manual intervention by 73%
  • Combined 3 separate billing systems across 4 acquired companies
  • Integrated 80 plus distinct usage systems directly into the billing engine

Questions? Contact FEI's Professional Development Department at conf@financialexecutives.org or 973.765.1029

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Speakers

Kevin Long

VP, Financial Planning & Analysis
ACI Worldwide

Holly Roland

VP of Marketing
RecVue