BillingPlatform

BillingPlatform, founded in 2012 and headquartered in Englewood, Colorado, develops cloud-based revenue lifecycle management software. Its platform automates the quote-to-cash process from order capture to payment collection, with modules covering billing, accounts receivable automation, e-invoicing, payments, collections, financial management, revenue recognition and a customer portal. The engineering work spans cloud computing, billing automation, payment processing and revenue recognition systems.

The platform is built to carry significant transaction volume: it processes more than 50,000 invoices daily and handles over $4bn in monthly billings. The company reports that customers have achieved a 20% reduction in days sales outstanding, recovered 20-50% of revenue leakage and reached market 50-60% faster. BillingPlatform operates from seven global locations.

Its software is used across financial services, technology, travel and hospitality, manufacturing, healthcare, retail and grocery delivery, telecommunications, fintech and payments, and insurance and claims. Clients include Instacart, JPMorgan Payments, Tipalti, CCC, Amadeus, Honeywell, Cloudera, Bill.com, Vantage Towers and CooperSurgical. The company was named a Leader in the first Gartner Magic Quadrant for Recurring Billing Applications and in Forrester Research's report on SaaS recurring billing solutions.