BillingPlatform launches BP Copilot, an AI assistant for billing

BillingPlatform has announced BP Copilot, an artificial intelligence-powered assistant for enterprise cloud-based billing and revenue lifecycle management.

BP Copilot is designed to improve how organisations interact with their billing data and navigate the BillingPlatform system. The assistant uses natural language queries, enabling users to generate reports and access support without needing specialised technical knowledge.

According to BillingPlatform, BP Copilot aims to increase productivity by delivering real-time reporting, contextual guidance and direct access to support resources. This functionality is accessed through a natural language interface that, the company states, allows easy and efficient user input such as asking, "Where do I manage invoices?" or "How do I add a new subscription?"

Dennis Wall, Chief Executive Officer at BillingPlatform, said, "BP Copilot represents a major step forward in simplifying enterprise billing operations. By combining AI-powered reporting with intuitive in-app navigation, we're enabling users to get the real-time insights they need quicker and with less friction - empowering finance and operations teams to make smarter decisions, faster."

The company describes BP Copilot as integrating directly with the AI Report Builder tool, facilitating seamless access to financial data and aiding users in navigating their billing operations. Users are able to request specific reports, such as "Show me quarterly subscription revenue for the past three years," and BP Copilot will generate the required data visualisations and insights.

Among its primary features, BP Copilot offers embedded assistance to directly navigate to critical application areas, reports, and the BillingPlatform Knowledgebase, aiming to save users from manually searching within the platform. The AI Report Builder is leveraged to create on-demand visualisations and extract insights from often complex billing datasets.

Powered by its intuitive natural language processing capabilities, BP Copilot is expected to serve finance teams, operations leaders and IT professionals. By automating the process of report generation and offering direct access to key operational insights, the tool is intended to reduce the time spent searching for and compiling data.

BillingPlatform highlights that, by helping to eliminate manual processes and simplifying the navigation of their platform, BP Copilot is structured to allow business users to concentrate on strategic decision-making and revenue-driving activities.

As announced, BP Copilot will be provided at no additional cost for all current BillingPlatform customers, with future plans to expand its AI-powered features through further updates.

BillingPlatform aims to empower businesses with software solutions to optimise revenue generation through every stage of the customer lifecycle, enabling growth through operational agility along with a frictionless customer experience. The company's cloud-based platform is leveraged by global enterprises to optimise the customer journey from idea to revenue.