Wednesday, May 29, 2019.
First published on PRWEB
Fusebill, the subscription management platform that empowers SMEs with advanced tools to accommodate rapid growth announced today a native integration with award winning, globally recognized leader in telematics technology, Geotab.
Fusebill is the first agile recurring billing platform to offer a complete integration with the Geotab platform. Fusebill’s flexible billing solution helps to address the needs of the Geotab partner and reseller ecosystem including businesses managing heavy-duty fleets and can also benefit businesses of any size and composition.
The Fusebill integration provides additional opportunities for Geotab clients to monetize the data from Geotab GO devices by providing a direct integration with the Fusebill billing system, allowing for extended pricing and billing agility around device usage data.
As Mark Cerullo, Director Product at Fusebill elaborated–telematics billing challenges that resellers may face are mainly around three areas: managing contract complexity, managing Geotab GO Device activations and correctly billing the end user.
“There is so much change in devices and subscriptions that it becomes an accounting nightmare, especially around earned and deferred revenue. Accurate revenue recognition is a compliance priority,” said Cerullo. “Fusebill elegantly solves these problems with real-time capturing of device data and statuses. The billing data synchronization that includes VINs and serial numbers, with the Geotab platform, enables Fusebill to fully automate and streamline the billing process for rapid monetization. All this saves time and helps to reduce revenue leakages in the process. Fusebill handles all the automation surrounding invoices and collections, while accurate revenue recognition is also handled right out of the box.”
"Geotab is dedicated to providing resellers with support services, sales tools and now integration to billing service providers to help resellers better serve their customers,” added Dario Murkovic, CFO at Geotab. “We are excited to add Fusebill as our first billing integration partner to help improve the end-customer billing experience and to provide increased efficiency to our resellers."
According to Tyler Eyamie, CEO of Fusebill, “This year, Fusebill is seeing growing interest from IoT (Internet of Things) players, in agile monetization capabilities. There is a pressing need in the sector to find solutions to the challenges in aligning growth opportunities with billing and contract management capabilities. Fusebill is uniquely positioned to take over from legacy billing systems and processes to efficiently handle IoT and telematics device-based billing complexities at scale. We at Fusebill are excited knowing that this integration will help provide the Geotab reseller and partner ecosystem with additional pathways to increase revenues, reduce costs, mitigate risk, and boost customer satisfaction.”
GE Avionica, Expedia, ClearPath GPS and hundreds of other global businesses have incorporated Fusebill’s subscription management platform because of its ease of use, quick deployments, and ability to adapt to unique billing models. Fusebill’s SaaS distribution model provides clients with the freedom to grow their businesses, the flexibility to capitalize on new product opportunities and the agility to maintain a competitive edge.
Eyamie stated, “Unlike other subscription billing solutions that are built to support the largest enterprise clients, Fusebill’s platform is uniquely designed to address the challenges SMEs experience in managing ongoing relationships with customers.”