BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that MGI Research, an independent industry research and advisory firm, recognised BillingPlatform with the highest overall rating (63) of any vendor in its MGI 360 Ratings report for Agile Billing.
The report is designed to help enterprises make informed purchasing decision recognising that “agile billing solutions enable companies to price creatively, package flexibly and respond swiftly to market shifts – turning a traditionally rigid process into a competitive advantage.”
MGI Research is focused on disruptive trends in finance and technology. The firm’s MGI 360 Ratings are a comprehensive system for evaluating technology companies that enterprises use to track suppliers, assess purchasing risks and identify promising new vendors that can help lower costs, save time, reduce risks and identify new opportunities. MGI Research specializes in analysing modern enterprise software markets with a focus on technologies for agile monetisation including billing, contract lifecycle management, CPQ, digital payments and finance automation among others.
After analysing 50 vendors on criteria in five key categories, including product, strategy, management, finance and the channel, MGI Research awarded BillingPlatform the highest overall score, an “A” rating and a “Positive” analyst outlook in its May 2025 MGI 360 Ratings report for Agile Billing.
The report states: “BillingPlatform remains the leading extensible enterprise-grade billing solution for mid-to-large enterprises with medium to large volumes, processed in quick-time or near real-time, highly complex use cases, including support of product and organisational hierarchies, significant rate of business and competitive change requiring high agility and a diverse payment processing landscape.”
“The MGI 360 Ratings report evaluated BillingPlatform on over 150 different criteria across five major rating categories against a very strong and competitive peer group of monetization vendors,” said Igor Stenmark, managing director and co-founder of MGI Research. “As global enterprises deal with an increasingly dynamic business, trade and regulatory environment, BillingPlatform is a strong fit for companies with a complex mix of subscriptions, real-time usage and consumption models.”
With global customers serving multiple industries, including software, finance, media and entertainment and communications, BillingPlatform is the only billing and revenue management solution on the market that enables enterprises to monetise any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetisation process – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximise profitability, reduce operational costs and improve the customer experience.
“As we continue to be recognised as a technology and market leader by industry analysts, we’ve also added Auctane, Quickbase, Instacart, Optimum Media and other large enterprise customers to our roster,” said Dennis Wall, BillingPlatform CEO. “As MGI Research noted, a lot of that momentum is driven by our technology innovation as well as the high levels of customer satisfaction with our platform, deployment process and overall user experience.”
In addition to being the Leader in the latest MGI 360 Ratings report for Agile Billing, BillingPlatform was also recognized as the Leader in Forrester Research’s “The Forrester Wave: Recurring Billing Solutions, Q1 2025,” recogniaed as a Leader in the first-ever Gartner® Magic Quadrant for Recurring Billing ApplicationsGartner® Magic Quadrant™ for Recurring Billing Applications, named the Leader in QKS Group’s SPARK Matrix Report for Subscription & SaaS Billing Management, named to Constellation Research’s Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research and named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment. The company was also awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognised as a fast-growing company on Deloitte’s Technology Fast 500™, listed on the Inc. 5000, recognised by the SIIA CODiE Awards program as the Best Subscription Billing Solution and awarded a “Company of the Year” Gold Stevie® Award in the 2025 American Business Awards®.
