Developers: | Inferit |
Date of the premiere of the system: | 2024/09/03 |
Technology: | Billing systems |
Main article: Billing
2024: Billogic Platform Release
On September 3, 2024, Inferit (Softline Group of Companies) announced the release of the Billogic billing platform.
The platform, which has been actively used by companies from Softline Group of Companies since 2017 to organize a subscription sales model in 25 countries, will now become available to a wide range of customers. The complete solution automates all aspects of working with subscriptions: from providence and billing to managing partner sales and providing white-label accounts for end customers. The launch of a new direction "Inferit" meets the strategy of Softline Group of Companies to develop its own portfolio of services and products.
Since 2017, enterprises of the Softline group of companies began to use a billing platform to automate subscription sales. It is used to organize a subscription sales model both in Russia and in dozens of foreign representative offices. This practical experience contributed to the intensive development of the product, the regular emergence of new opportunities, integrations, improvements and work scenarios. As a result, a universal tool was created that is now available to a wide range of customers - sellers and manufacturers of various digital services, not limited to cloud solutions or software. The Russian product was named Billogic Platform and in August 2024 entered the Inferit ecosystem.
The platform is focused on providing flexibility and cost efficiency for customers and partners. At the moment, the platform has been developed for more than 10 years, taking into account the experience of leading vendors.
The Billogic platform will be useful for companies that plan to sell services or products by subscription or already use a subscription model, but need to automate calculations and business processes, control extensions and outflows, and minimize financial risks. The platform also solves the problem of transferring customers and partners to self-service at all stages of the life cycle. Subscriptions in the Billogic concept are more than recurring payments or term licenses. Having signed up, the user manages the purchased service, configures renewal parameters, controls expenses. A loyal client or partner with an endless life cycle is the key value of Billogic.
Billogic's capabilities include automated subscription management, flexible billing logic settings, multi-tenancy, customization of user interfaces, support for multilingualism and multi-currency, ready-made integrations with payment systems, marketing tools such as a customizable marketplace, discounts and promo codes, personalized recommendations.
The platform consists of a multifunctional kernel, which is flexibly expanded using plug-ins. The system of such plugins allows you to implement integrations of any complexity and with any level of customization.
Billogic's billing platform allows you to organize any hierarchical structure from distributors and resellers of various levels for a specific business or several businesses that can operate in isolation.
The product comes in two versions: cloud solution (SaaS) and local deployment (On-premium). The official start of sales is scheduled for October 2024.
Our team has gone a long way, from the start of introducing the platform into Softline's business in 2017 to simultaneously supporting tens of thousands of subscriptions at platform installations in 25 countries, "said Irina Kuznetsova, director of products at Inferit Billing. - Each step along this path brought new experience and knowledge about how vendors work with subscriptions, what expectations users have, what challenges the seller faces when developing and scaling the subscription business. We are confident that the Billogic platform will help our customers provide the market with a modern, flexible and profitable consumption model. |