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Enterprise billing & pricing management solutions - SunTec

Enterprise billing & pricing management solutions - SunTec

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Personalize products, offers, pricing and loyalty programs; prevent revenue leakage and ensure regulatory compliance with an enterprise billing solution.


Personalize products, offers, pricing and loyalty programs; prevent revenue leakage and ensure regulatory compliance with an enterprise billing solution.


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Enterprise billing & pricing management solutions - SunTec

  1. 1. With dynamically changing customer needs, traditional ways of targeting customer segments with standard products and services are no longerenough.Customerstoday expect organizations to understandtheir requirements,offer personalized and differentiated products based on the value of their relationship and their specific needs and objectives. For this, they need to develop a scalable and flexible approach to understandthe needs of the ever-changing customer behavior,as well as design and launch hyper-personalizedproducts and services at a much faster rate. SunTec Enterprise Product Management Enhance customer experience with hyper-personalized products and services www.suntecgroup.com SunTec Enterprise ProductManagement based on our proprietary Xelerate® platform helps establish a single centralized repository of internal as well as partner products and services, standardize end-to-end product and service lifecycle management along with simulation capability for efficient revenuemanagement. The product also allows regular performancereviews and approvals that ensurethe offeringcontinues to meet the evolvingrequirementsof customers and helps in complying with regulatoryrequirements.Real-time actionable insights about revenuetrends, product profitability and subscription are available throughpre- built reports and dashboards. Cloud Native | Cloud Agnostic SunTec Enterprise Product Management allows organizations to adopt a scalable approach to design and launch personalized innovative products and services.
  2. 2. • Accelerate time to market, reduce cost of creating and launching new products and services. • Personalize and contextualize products to each dynamic customer segment. • Increase choice for customers by offeringpartner products and services. • Preventrevenue leakage, ensure profitability and viability throughbetter governance. • Prevent mis-selling and ensure regulatory compliance. • Avoid product proliferation by centrally managing all products and services. • Achieve rapid adoption of products by automatically enrollingand recommendingsolutions to the rightcustomer segments. BENEFITS 4X Increase in Sales 3X Increase in Customer Base 2X Increase in Product to Customer Ratio Months to Days Launch new products
  3. 3. FEATURES • Create MultipleProducts and Services • Create, maintain, and manage multipleversions of productsand servicesusing pre-built templates. • Defineeligibility,applicability,enrolment criteria, dynamic customer segments and sales channelsthat can be utilized foreach product. • Collaborate with partners to onboard products and services as wellas enable partners to create products and services on their own. • Compare products and services across multiple parameters. • Maintain a centralizedrepository of internal and partner productsand services, and hierarchiesacross all business units. • Simulate Viabilityand Profitability • Conduct simulationusing various parameters includingprice, cost, expectedvalue and volume of transactions as well as number of customers • Utilize“what-if”analysis to change any parameter to understand the impact on projected revenue and profitability. • Create and save multiplesimulationmodels, compare models,test it on customer segments using historicaldata and send it for review and approval. • Review and Approve • Submit for review and approval with the flexibilityto recalland resubmit after incorporatingnecessary changes. • Multi-levelapproval workflowbased on varying product categories, product types, and business units. • Conduct serial, parallel, conditionalapprovals allowingmultipleusers to collaborate, assign approval to a specificuser or a user group. • Launch Products and Services • Select specifictarget segments, applicability, enrolment criteria, and the target market list. • Collaborate with multipleteams forapproval includinglegal, compliance,marketing and more. • Automaticallyroute products and services through multiplepre-launch stages depending on the product category.
  4. 4. • Sunset Productsand Services • Sunset productsand servicesthat do not meet performance objectives,regulatory requirements, and emergingcustomer requirements. • Set expirydates and definede-enrollment criteria includingofferingeither new products or new versions of existingproducts. • Collaborate with legal and complianceteams to ensure all regulatory mandates are met. • Drive Sales and Subscription • Integrate with the existingcustomer and channel partner engagement systems to automaticallyrecommendrelevant products to customers whileon-boardingor engaging with them as well as to communicateto channel partners on new products and services. • Evaluate Performance • Evaluate the performance of products and services both on a periodicas wellas on an ad- hoc basis. • Gain comprehensive visibilityinto revenue trends, profitabilitytrends and usage trends by product, service, segment, region, and business unit among others through reports and dashboards with drill-downcapabilities. • Compare performance across various time periods, filter based on various product attributes, analyze target versus actual performance. FEATURES About SunTec SunTec is the world’s#1 relationship-basedpricingand billingcompany. More than 130 clientsin 45+ countriesrely on SunTec to provide hyper-personalizedproducts, offers,pricing, loyalty programs, and billingfor over 400 millionend-customers. SunTec products are based on our cloud-native and cloud-agnostic,API first, micro-services-basedproprietary platform, Xelerate and are delivered on-premise,on private cloud and as SaaS. SunTec has global operationsincludingthe USA, UK, Germany, UAE, Singapore, Canada, Australia and India.For more information,please visit us at www.suntecgroup.comor email us at marketing@suntecgroup.com REQUEST FOR A DEMO www.suntecgroup.com | contactus@suntecgroup.com ©2020. SunTec. All rights reserved. SunTec and the Xelerate logo are registered trademarks of SunTec. All other brand and product names are registered trademarks of their respective holders.

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