A recent Forbes article by Andrew Dailey at MGi Research reinforces the importance of “agile billing” to businesses that are serious about creating new revenue streams, meeting customers’ needs and doing it fast and well.
The term agile is a good description of what businesses need from their billing systems in order to meet these challenges. At MetraTech, we’ve been an agile billing solution from day one with our “metadata-based” approach, which is what makes MetraNet flexible and responsive as well as business model and industry agnostic. So “agile” is a good description of how the system should perform and “metadata” is how the billing system actually delivers the agility. Metadata enables you to configure your data model, transaction processing, and user interface through web services compliant APIs and, as a result, enables the billing system to conform to your business model and existing systems. No need to compromise, you can simply innovate.