Nitrobox for multi-sided platforms (MSP)
How to manage billing and payment as a platform operator
Monetize your platform business model with Nitrobox
For enabling complex business models such as multi-sided platforms,you need to get numerous processes in line first, especially in the field of finance.
Managing the buy side as well as the sell side – and countless billing processes and transactions in between. And this is exactly, where Nitrobox meets your needs, automating order-to-cash and partner-to-pay for:
Monetizing a platform business is this easy with Nitrobox
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 the general ledger of your platform.
Nitrobox can be easily integrated via API into your existing ERP or backend systems such as SAP, which enables you to roll-out your platform monetization strategy within weeks instead of months or even years.
Orchestrate your platform business - and let Nitrobox do all the work:
Nitrobox: A strong enterprise software partner at your side
One central platform for agile and automated billing processes
When designing new digital business models such as multi-sided platforms, legacy ERP systems very often prove to be a show stopper. 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 multi-sides platforms – in real time and adaptable to any market.
Enhance your legacy IT with Nitrobox and implement unlimited platform models
The Nitrobox Order to Cash Platform can easily be integrated into existing backend systems such as SAP – enabling companies to roll-out their new monetization strategies within weeks.
Adapting unlimited monetization strategies, convergent billing and payment automation are only a few of many capabilities, thatare combined in this smart platform. It is fast, reliable, secure – and helps youovercome the inflexibility of legacy backend systems.
Nitrobox core product capabilities
Nitrobox provides a unique cloud platform enabling unrivaled flexibility and scalability in set-up and automation of monetization processes.
Model your monetization strategy with unlimited options: subscriptions, usage-based, one-time or hybrid. Execute changes in real-time and deploy within minutes.
Fully automatic revenue recognition including deductions, tax or refunds. Manage subledgers, debtors, accounts and financial reporting.
Manage contracts from creation to fulfillment. Respond to changes in real-time and manage the whole process in one single platform.
Convergent billing in any language, currency and layout. Connect any type of data for usage rating and dynamic pricing.
Integrate any payment provider or bank account. Automated processing of chargings, refunds and settlements.