BillingPlatform wins best subscription billing solution of 2024

BillingPlatform, an enterprise revenue lifecycle management platform, has been recognised as the Best Subscription Billing Solution of 2024 by the Software & Information Industry Association (SIIA) CODiE Awards.

The CODiE Awards, which commend the most innovative business technology products worldwide, have honoured BillingPlatform for the second consecutive year, underscoring its commitment to excellence in the realm of subscription billing solutions.

The 2024 CODiE Awards panel singled out BillingPlatform for its innovative, versatile, and scalable solution, highlighting its unique ability to manage diverse business models on a unified platform. "In the crowded Revenue Lifecycle Management (RLM) market, BillingPlatform stands out," noted one judge. The platform’s capacity to consolidate various business models into a single system is seen as a significant advantage over competitors who rely on fragmented solutions. Another judge praised its configurability and innovation, particularly the integration of churn scoring with machine learning and AI functionalities.

Dennis Wall, CEO of BillingPlatform, remarked on the significance of this accolade: "Being recognised by the CODiE Awards as the industry’s best subscription billing solution for two consecutive years highlights our focus on innovation to improve our customers' revenue lifecycle management processes. Combined with our leadership position in multiple industry analyst reports and USD $90 million in growth funding earlier this year, this award indicates the progress and impact we are making on enterprises globally."

This recognition is one of many that BillingPlatform has received over the past year. The platform was named the Leader in Forrester Research’s report, "The Forrester Wave: SaaS Recurring Billing Solutions," evaluated with the highest overall rating in the MGI 360 Ratings Report for Agile Billing, and ranked as the Overall Leader and an Exemplary Vendor in Ventana Research’s Subscription Management Value Index report. Additionally, BillingPlatform was included in Constellation Research’s Smart Services Digital Monetization ShortList and positioned as an Automated Revenue Management Market Leader by MGI Research.

The company was also recognised as a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment and as the leader in the Quadrant Knowledge Solutions SPARK Matrix Report for Subscription and Billing Management. Furthermore, BillingPlatform made the Deloitte Technology Fast 500 list for the fourth consecutive year and was honoured by Best in Biz Awards for the fourth year in a row, as well as being listed on the Inc. 5000.

Chris Mohr, President of SIIA, commented on the significance of the CODiE Awards: "The recipients of the 2024 Business Technology CODiE Awards continue to uphold the prestigious tradition of the CODiEs by distinguishing the most effective and influential applications, services, and products in the business technology sector. We take immense pride in acknowledging this year’s winners—the crème de la crème!"

The CODiE Awards are known for their rigorous peer-reviewed selection process. Expert judges evaluate the entries to determine finalists, followed by a vote from SIIA members.

The combined scores from both rounds ultimately decide the award winners, associated with a CODiE Award win.