Cloud Computing: Monetizing the Cloud: 10 Benefits of Agreements-Based Billing
Customized Deals and Promotions
The simple buyer/seller model does not exist in today's economy. ABB allows businesses to adjust rates, promotions, discounts, accelerators, multi-axis pricing and more. These modifications are easy to incorporate into existing processes and increase opportunities to grow the business.
If you want your company to do business using the Internet or within a cloud system, you must to be able to process billing accurately and securely. Businesses in all industries are now beginning to "get" the cloud. They have begun to understand the value of delivering their services in this new and generally more efficient way. As they move their services to the cloud, companies must adapt their business models in order to reap the benefits. Agreements-based billing provides these organizations with the ability to monetize their cloud applications and appeal to customers in new ways and capture and track their activities in the cloud. This slide show explains 10 ways agreements-based billing (ABB) monetizes the cloud. Our main resource for this article is Scott Swartz, CEO of MetraTech, a cloud service that handles billing, compensation and self-care for customers, suppliers and channels.