Automotive & Mobility
Offer demand-oriented mobility services and develop new revenue streams
In a world where customer centricity is becoming increasingly important, new forms of mobility are evolving, driven by digital technologies.
Use is becoming more important than ownership. Social responsibility is driving sharing models.
And since convenience is key, flexible on-demand mobility services, that perfectly fit customers’ lifestyles are in high demand.
Learn how Nitrobox can help you maximize your mobility innovation power and monetize new digital mobility services in a matter of weeks.
Digital service billing in a world of smart mobility services
When a car becomes a device that can be digitally augmented almost like a smartphone and focuses on the individual needs of customers, this requires a change in business.
Automotive companies have to make the transition from manufacturer to mobility provider, develop new digital business models – and master major challenges from IT to finance along the way.
This is exactly where Nitrobox meets your needs, enabling you to monetize complex digital business models with ease:
- Recurring services, e.g. subscriptions or connect services
- Usage based services, e.g. mile or time based car sharing
- One time purchases, e.g. wall boxes, spare parts or cars
- Hybrid models, e.g. electric charging services
- Value added services, e.g. concierge or cleaning
- Marketplace models with commissions for partners, e.g. dealers or suppliers
Customer-centric mobility services
Nitrobox provides all order-to-cash and partner-to-pay capabilities in one central platform. The smart Nitrobox SaaS solution enables you to manage your individual mobility service business models such as:
- Car sharing
- Car subscriptions
- Connect services
- Online car sales
- Electric charging services
- Digital parking tickets
- Data packages
Advantages of digital mobility services
Finance
- Expand profit margins through digital and usage-based products and services
- Develop new sources of income and profit pools
Customers
- Gain new target groups, markets and connection to ecosystems
- Intensify your customer relationships and benefit from more customer touch points
Innovation & dynamics
- Convert customer needs into mobility products immediately
- Status as automotive and mobility innovator provides a competitive advantage
Monetization and billing of on-demand mobility service models
Nitrobox acts as a smart subleder. It manages, bills and posts all platform related financial processes and orchestrates the financial interactions between buyers, partners and payment providers.
Afterwards, Nitrobox hands over the financial reporting to your company’s general ledger.
The Nitrobox solution can be easily integrated via API into your existing ERP or backend systems such as SAP, which enables you to roll-out your mobility service strategies within weeks instead of months or even years.
- One platform for multiple business models
- Low transaction cost
- Fast time to market
- Global coverage
Flexible orchestration of your order-to-cash process
- Contract management and billing towards buyers
- Calculation of sell-side commissions and fees
- Offer, bill and post digital payment methods
- Create invoices and credit notes in various languages and currencies
- Apply international taxes and business logic
- Manage payments, e.g.triggering payment collection and payouts
- Retrieve settlement data from PSPs and automated payment bookings
- Post according to modelled business rules
- Create a financial reporting and transfer to the main ledger
Nitrobox: A strong enterprise software partner at your side
Enhance your legacy IT with Nitrobox and implement unlimited business models
When designing new digital mobility business models, legacy ERP systems very often prove to be a show stopper. Automotive companies face large-scale IT projects, when instead agility, flexibility and scalability are needed.
This is where Nitrobox comes into play. The Nitrobox solution is an enterprise-grade cloud software (SaaS) for managing sophisticated monetization models such as on-demand and pay-per-use – in real time and adaptable to any market.
One central platform for agile and automated billing processes
The Nitrobox Order to Cash Platform can easily be integrated into existing backend systems such as SAP – enabling automotive companies to roll-out their new monetization strategies within weeks.
Adapting unlimited billing and monetization strategies, convergent billing and payment automation are only a few of many capabilities, that are combined in this smart platform. It is fast, reliable, secure – and helps you overcome the inflexibility of legacy backend systems.
Nitrobox O2C Monetization Platform at a glance
Increase order-to-cash efficiency up to
Shorten the time-to-revenue to
Increase business agility
Reduce TCO up to
Nitrobox core product capabilities
Unique product
Nitrobox provides a unique cloud platform enabling unrivaled flexibility and scalability in set-up and automation of monetization processes.
Monetization strategy
Model your monetization strategy with unlimited options: subscriptions, usage-based, one-time or hybrid. Execute changes in real-time and deploy within minutes.
Revenue recognition
Fully automatic revenue recognition including deductions, tax or refunds. Manage subledgers, debtors, accounts and financial reporting.
Contract management
Manage contracts from creation to fulfillment. Respond to changes in real-time and manage the whole process in one single platform.
Convergent billing
Convergent billing in any language, currency and layout. Connect any type of data for usage rating and dynamic pricing.
Payment automation
Integrate any payment provider or bank account. Automated processing of chargings, refunds and settlements.
Nitrobox to take with you
Nitrobox for Mobility providers
Download the PDF
Smart finance services for future-oriented mobility concepts
Download the Whitepaper
Nitrobox fact sheet
Download the PDF (EN)