Good Sign blog

5 min read

Billing and Revenue Management: Improving Customer Experience and Profitability for MSPs

Efficient billing is not just about getting paid – it’s a critical part of the business that impacts customer satisfaction and overall success. However, many Managed Service Providers (MSPs) are stuck with outdated, inefficient billing processes...

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2 min read

Maximizing MSP Profitability: Strategies for Effective Revenue Recovery

Optimizing revenue is crucial for sustainable growth and success. This article explores key strategies for effective revenue recovery, helping you...

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2 min read

ReBound & Good Sign: Creating a New, Efficient Retail Returns Billing Infrastructure

Efficient returns management is a critical component for success in eCommerce. As consumers increasingly expect seamless return processes, businesses...

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2 min read

Billing for Generative AI Companies: Unique Challenges and Strategies

Invoicing for generative AI companies presents unique challenges and requirements distinct from traditional businesses. Understanding the specialized...

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Fujitsu x Good Sign

3 min read

Streamlining B2B Transactions: Fujitsu and Good Sign's Billing Success

Efficient billing processes are crucial for MSPs, to maintain healthy cash flow and ensure customer satisfaction. Yet, many companies still struggle...

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3 min read

Subscription billing Trends 2024 - What to Expect

In 2024, B2B subscription billing is changing quickly because of technology and market changes. This evolution is pivotal in streamlining financial...

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2 min read

Exploring the Role of Data Mediation in Modern Billing Automation

The enterprise billing landscape is continuously evolving, with businesses relentlessly searching for tools and techniques that ensure precision,...

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3 min read

Adopting Usage-Based Pricing and Billing

The popularity of usage-based pricing is increasing steadily. The rise of cloud services and SaaS are the fields where the change has been radical....

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5 min read

Subscription management Glossary

Okay, let’s take a deep breath and dive into the world of the vocabulary of subscription management business. As we know, all businesses and...

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5 min read

4 Things to Consider When Integrating ERP and Subscription Management

Reliable investments in optimal business software are essential for the growth of any company. As a business expands, the stakes in certain processes...

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2 min read

Unleashing the Power of Automated Billing Software

Companies providing versatile services face unique challenges when managing the billing operation of complex processes. With diverse pricing models,...

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6 min read

Automating the Contract-to-Cash Process Step by Step

They say that a beloved child has many names. In this case, the term “contract-to-cash” is often known as order-to-cash or quote-to-cash, depending...

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3 min read

Subscription Management Gets Easier with RevOps

Revenue Operations is an operating model for customer-centric companies. RevOps entails aligning previously siloed business functions to optimize...

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What to look for when finding a billing automation system

3 min read

Time to consider a Billing Automation Solution for More Agile Billing

You discovered it's time to update your billing system - a common issue that many businesses face -as the current system is longer meeting your...

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3 min read

5 Symptoms Indicating You Need a New Agile Billing System

Does your billing system keep up with the fast-paced changes in business and technology? Are you able to take advantage of new opportunities you have...

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4 min read

Billing Data Is Managed Service Providers' Hidden Power

A typical value proposition of a managed service provider is to help customers to operate more efficiently by taking care of their IT needs. This...

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6 min read

Align Your B2B Subscription Pricing Models to Your Pricing Strategy

When deciding on a pricing model, there are many aspects to consider. It all starts with business targets, market analysis, and picking up a pricing...

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2 min read

5 Tips to Increase Customer Lifetime Value with B2B SaaS Subscriptions

Subscriptions have taken the software business landscape. And while certain aspects of software business have become more efficient, such as...

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3 min read

Four Capabilities You Need in a B2B Subscription Management Software

What capabilities should you look for in B2B subscription management software? In this blog post, we’ll be taking a look at four essential...

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4 min read

Scalable Billing for Managed Service Providers – Get a Playbook

Managed Service Providers need a scalable, reliable, transparent, and flexible pricing and billing solution due to the complexity of their customer...

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Add Service billing automation to your ERP

2 min read

Complete Your ERP System With Good Sign Billing Automation

With years of experience with different ERP systems, I still find that they are excellent for many tasks but not for subscriptions and recurring...

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An illustration of three people engaged in lead generation activities. One person stands on a ladder, dropping figures into a large funnel placed atop a laptop screen displaying gears, symbolizing process automation. Another speaks through a megaphone, directing attention to the funnel, while a third person stacks coins, representing financial growth and revenue.

2 min read

Subscription Revenue Recognition: Managing Deferred Revenue in SaaS

Subscription revenue recognition is particularly crucial for SaaS businesses. Unlike traditional models, SaaS relies on subscription-based invoicing...

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2 min read

Boost Digital Transformation With Pricing and Billing Capabilities 

In today's world, modern businesses are understanding the importance of digital transformation to meet customer needs and stay competitive. Customers...

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2 min read

What is a Lovable Invoice and Why Does it Matter

We all know that happy customers are the lifeblood of any business. But do you know how to really make them smile? With lovable invoices! That's...

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Billing data used to drive customer satisfaction

2 min read

How to Use Billing Data to Drive Customer Satisfaction

You may be looking for ways to simplify your billing process and increase recurring revenue. But have you considered that the billing dataitself is...

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2 min read

ERP System Can not Handle Recurring Revenue Business Models

For businesses that are looking to transform or improve their service pricing and billing, an ERP system may not be enough to handle the complexity...

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Why Finance and Billing should be included in the Revops Strategy

2 min read

RevOps - Why Finance and Billing Should be Included

RevOps, or Revenue Operations, is a relatively new concept in the world of business operations. It involves aligning various business functions in...

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Automated billing systems are an essential tool for any business looking to streamline its financial operations and capitalize on lost opportunity costs from manual invoice processing.

3 min read

Survive High Inflation Rates by Utilizing Billing Automation

Have you ever considered the opportunity cost of an inefficient billing process? Whether it’s from lost revenue due to incorrect invoices or disputed...

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Scaling Business With Automated Billing

2 min read

How to Streamline Your Billing System for Scalability

As your business grows, scalability can be essential to success. But it's not only about scaling up operations and adapting to increasing volumes –...

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Billing Automation

3 min read

Billing Automation Myths Debunked - Start Small, Expand Later

As the Chief Finance or Operating Officer of a managed service provider (MSP), you're likely always looking for ways to improve efficiency, cut...

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3 min read

Subscription Management Platform Makes Recurring Revenues Possible

Forbes recently released an article about the Relationship Between Revenue Operations And Recurring Revenues. The article emphasized the importance...

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2 min read

Optimizing Billing to Support SaaS Growth

Billing is a stumbling block for many SaaS-based software companies. Those who started as start-ups have often managed with some general invoicing...

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1 min read

Why a Subscription Management Tool Is a Must in the Saas Business

In the SaaS business, it is essential to integrate subscriptions and customer contracts into invoices to make billing detailed and accurate. A...

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2 min read

Billing Transparency Saves Everybody Time

Billing should be a natural and positive event in business. A financial “thank you” after a job well done. But too often, the invoice or the billing...

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2 min read

What RevOps Means for Your Billing Solution

RevOps is mostly referred to as the operational activities of Sales, Marketing, and Support bundled together to better serve the client’s needs...

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2 min read

Subscription Business Is Here to Stay - Jump on Board

According to UBS*, the subscription market is estimated to grow by 18% year over year to 1,5 trillion USD by 2025. Clearly, the subscription business...

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2 min read

Billing Is Not Just Volume or Complexity - It Is Agility

Recently MGI Research published a report which excellently maps the billing landscape. Go ahead and request this report on their website. We highly...

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2 min read

Change Your Business Model To Pay-Per-Use With These 3 Steps

There are many reasons for both clients and companies to prefer subscription or pay-per-use pricing. Clients love the full service, the monthly fees...

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2 min read

The Future of Billing Is Customer-Centric

Billing takes the center stage in new business models. It becomes clear that the billing experience is essential to a long and profitable customer...

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2 min read

Drive Your SaaS Business by Metrics

There is no business like a SaaS business. With the rise of SaaS business came new metrics and new rules to assess, monitor, and steer SaaS business...

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2 min read

Billing is Key to Your SaaS Business Growth

When dreaming of SaaS growth, you might not think of your billing system immediately. In the search for growth, your marketing and customer success...

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Put your digital contracts to work in billing

1 min read

Putting Your Digital Contracts to Work in Billing

Digital contract management has been around for a while now, and we have seen great and less great implementations. But there is a world beyond just...

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2 min read

Managing and Steering Your B2B SaaS Contracts Over the Life Cycle

The subscription economy has changed our business life forever. It has never been easier to onboard customers, but that comes at the price of having...

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2 min read

If Your SaaS Business Is Leaking Revenue, Here Is How to Stop It

You might not be aware, but according to EY* it is estimated that businesses leak about 1-5% of their EBITDA in revenue. Just like with any leak, it...

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transparency of invoicing

2 min read

Show Your Clients Some Love Via Your Invoice

We thought it would be the right time to address the topic of lovable invoices. In this blog, we explain that lovable invoices are not about...

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2 min read

Increase Customer Satisfaction Using Your Billing Data

Billing is typically a straightforward process that most companies have optimized in terms of efficiency. The efficiency is often measured by looking...

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3 min read

When Billing Hurts Your Business

Billing Might Hurt Your Business No, we are not talking about receiving an invoice from a supplier. That is what we would call self-inflicted pain....

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2 min read

What Makes Billing Crucial in SaaS

Scaling A SaaS Business Is A Different Ballgame SaaS is hot, and while the subscription economy is nowadays mainstream, many client companies...

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2 min read

Trends In Billing Technology - Adapting Customer Centricity

The Age of Customer Centricity The customer is always right, but there has never been a time when the customer had so many options to be right in...

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Agile Billing Enables Fast To Market

2 min read

How Billing Can Be A Showstopper In Your Time To Market

New Models, New Pricing, New Billing? Todays’ innovation pace is faster than ever before in history. That is reflected in the record time...

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2 min read

Agile Billing As A Key Orchestrator For Servitization

The Servitization Business Promise Servitization has been around for years but has recently really started to get traction. The reasons are clear....

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2 min read

What Is So Special About Managed Service Providers’ Billing

Since MIT offered the first Managed Service Provider (MSP) functions in the ’60s, the industry has grown and evolved tremendously both in revenue and...

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2 min read

Tackle Your ERP Billing Issues Without Using a Band-Aid

Yes, you want recurring billing, but your ERP and legacy systems do not provide the pricing and rating flexibility to cater for subscriptions and...

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2 min read

Why Customers Think Billing Should Be Part Of the Revops Strategy

Billing Really Is Part Of Your Customer Process Over the past 10 years, the CX landscape has changed dramatically. Where older CRM systems handed...

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2 min read

What Should a Billing System Look Like from an IT Perspective

Billing Needs Flexibility, Bridging ERP And CRM We recently had a great conversation with Igor Stenmark, the billing expert at MGI Research, and...

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2 min read

Automating the Contract-To-Cash Process at OpusCapita

How to gain proper visibility to your service contract-to-cash process? How to automate pricing and billing of a wide legacy contract base and yet...

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1 min read

Optimize Business Decisions Using Your Billing Data

Data-driven decision-making has been the holy grail since the inception of business analytics. Many years and management books later, the old...

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2 min read

Flexible Billing Platform Enables Modern Services

The City Of Lahti Enables Personal Carbon Trading How do you involve your citizens in becoming carbon-neutral and give them control in achieving this...

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1 min read

Automated Billing Can Be A Money Maker

You Win Some, You Lose Some Revenue is the result of doing things right. After hard-fought sales battles, optimized production of service processes,...

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2 min read

Why Is Subscription Billing So 2020

Out with the old and in with the new. Subscription billing has changed our business models forever. But after the turmoil in 2020, the as-a-service...

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2 min read

Contract Management Is Core In Recurring Billing

Contracts Are often overlooked in subscription and recurring billing

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3 min read

Here Is Why Your Clients Keep Complaining About Invoices

For your Largest clients, your bill is the mirror of your standards Talk to your clients, and they will all agree, their satisfaction with your...

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3 min read

From Traditional Services Billing To A Proactive Process

There is a good chance that billing is considered a routine job in your company, recurring after the end of each month. The process is reactive and...

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2 min read

Experts' Advice On Choosing an Agile Billing System

Agile Billing, The Cornerstone Or Stumbling Block In Your Business Strategy? We have all discovered the need to quickly adapt to new business models...

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1 min read

Taija Engman Video Blogs About Pain Points in Service Billing

Taija Engman, Co-Founder of Good Sign talks about service billing in a video blog series of 6 episodes, filmed at her family cottage at lakeside in...

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2 min read

Why Excel Is the Snake in Your Billing Paradise

Excel Is Everywhere And For The Right Reasons As a finance professional, you will probably spend a generous amount of time using Microsoft Excel,...

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2 min read

The Fine Art of Monetizing Services

How to optimize revenue for your service business with the help of your billing system? Services Are The Key To Lasting Business Success In today’s...

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2 min read

What Your Servitzation Strategy Means To Your Billing

A Perfect Invoice That Matches a Perfect Service Experience The rise of servitization in short: changing product-driven business models to more...

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2 min read

Billing Beyond Company Boundaries

How Ecosystem Businesses Thrive and Create New Challenges for Agile Billing In a recent article, Harvard Business Review explains how businesses...

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2 min read

Service Billing Done Manually Hurts Customer Satisfaction

Billing Automation Ensures the Quality of Invoicing When any billing department collects information about service usage and manually assures correct...

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1 min read

Next-Gen Billing Goes Beyond Subscriptions

Is your system ready for pay-per-use and other models? Subscription billing has taken our economy by storm, and probably you have also embraced the...

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2 min read

How to bring new services to market quickly

Do you think it takes too long to launch new services? A manufacturing company was actively seeking growth through new digital services. Digital...

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1 min read

Modernize Your Quote-to-Cash Process – Enjoy Big Financial Results

Monetize 13 is the only event in Europe focusing purely on monetization, including payments, commerce, billing, and CPQ.

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1 min read

Lovable Invoices

It is no news that you should never ignore the importance of customer satisfaction. The news is that invoices can be so lovable that you can surpass...

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2 min read

How to make your service ecosystem work?

Why an ecosystem in the first place? What are the 7 qualities of supporting software? Parties forming a service ecosystem, understand that by...

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Scalable monetization software brings financial growth and success to service business

2 min read

Automated Flexibility To Scale Your Service Business

Scalability is a common factor to fast growing and profitable service businesses. It is not only about the ability to manage changes in volume. It...

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Technopolis UMA Coworking

1 min read

Technopolis’ Service Ecosystem

Technopolis implemented Good Sign solution to its Service Ecosystem with Flexible Pricing, Customer Onboarding and Billing for the internationally...

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Benefits of flexible pricing and billing automation

2 min read

Pricing and Billing Automation - 10 Benefits Explained Shortly

Last week we published a blog post: “10 Reasons You Should Invest in Flexible Pricing and Billing”. I thought to continue about that, by explaining...

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1 min read

10 Reasons You Should Invest in Flexible Pricing and Billing

Customer demands change and the market evolves. Service businesses are gaining new ground, but also competition grows strong. All service businesses...

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What is Monetization by MGI

2 min read

13 Symptoms Indicating Need to Fix Pricing, Billing and Monetization

I just recently represented Good Sign Solutions at European Monetize 11 event in Amsterdam. The event concentrated in modern monetization...

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Top view of successful businessman standing near the entrance of labyrinth

2 min read

The Problem with Billing Automation is Data Quality - How to Fix It? [Get your free guide]

When and Why to Automate Billing Process? We all know that process automation requires data. Service Billing Automation is also based on data. For...

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hand drawn air balloons with crumpled paper ball as leadership concept

2 min read

How to Offer Mass Customized Services Effectively?

In this article we are focusing the mass customization, from a theoretical point of view and also how it is done with Good Sign service solutions. In...

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2 min read

A Monetization Wizard every Service Business needs [DOWNLOAD]

Monetization Wizard for Service Business Billing Automation Picture by Jouko Keränen from "Russell Harty Plus" UK TV show of The Who performing...

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2 min read

Why Integrated Financial Automation is the Next Level in Service Management?

Service Businesses Deserve Financial Automation Companies recognize the importance of service quality and the significance of the processes behind...

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ERP_blog_picture_02

3 min read

Why ERP Is Not Smart Enough with Recurring Revenue?

Good ERP system is an essential tool to support product sales, manufacturing, warehousing, delivery and billing. However, the ERP mode of operation...

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GoodSign_buyer_expectations_vs_seller_capabilities

2 min read

Does Buying Behavior Change Faster Than Ability to Create Offering?

The other day I attended an event where sales coach Mika D. Rubanovitsch @Rubanovitsch was talking about sales, marketing and customer behavior. His...

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servicenow_blog_fixed_fee_usage_based.jpg

1 min read

How to Efficiently Monetize Your ServiceNow Items?

Certified ServiceNow integration for pricing, billing and monetization Service Transformation Calls for New Business Systems Since its birth in 2004...

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recurring_revenue5.png

2 min read

Recurring Revenue – Easy or Difficult?

From Products to Smooth Services The World Economic Forum has anticipated that all products will have become services by the year 2030. This is quite...

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1 min read

Connected Data Enables New Recurring Revenue Business

From Product Design to Service Design Design used to be associated with tangible materials like wood and glass and plastic and metal: Rococo...

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gs_image_service_contract_digital_era.jpg

3 min read

Contract is the Service Business Operations Engine in the Digital Era

Contract Documents Have a New Meaning in the Digital Era If you were asked to visualize a contract, would you think of a pile of paper with hand...

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Good_sign_buyer_seller_perception_gap.png

2 min read

How to Close “Buyer – Seller Perception Gap” in Monetizing Pay per Use and Outcome

“Customer expectations have been permanently upgraded”, stated Henrik Ehrnrooth, President & CEO of KONE Corporation in his opening key note at the...

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ServiceNow-logo.png

1 min read

Good Sign - Certified ServiceNow App

We are glad to inform that Good Sign is now a certified app/interface for ServiceNow! Say Good Bye to MS Excel Spreadsheets for gathering service...

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3 min read

Planning Expensive ERP Modifications to Meet Service Business Requirements?

What Is the Role of ERP? For any kind of business, ERP systems have established an extremely important role in the past years – even to be counted as...

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2 min read

Dynamic Automation And Orchestration. The Why And How.

The Long Journey to Digital Economy As for today, it might seem that we have travelled far with the opportunities brought to us by digitalization....

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2 min read

Effectively Connect ServiceNow and SAP with Subscription Billing and Service Contract Billing Automation?

Many prominent service providers have chosen ServiceNow as their backbone system for service management and SAP as their ERP/financial system....

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2 min read

How a Service Portal is key to service business creation

In the service business industry, customer service can play a critical role in retention and expansion of customer base. Furthermore, many customers...

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1 min read

How Service Provider Can Gain 10% More Revenue?

Established Service providers are often missing up to 10% of their recurring services revenue before applying intelligent billing automation. What Is...

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3 min read

How to Put Your ERP on Steroids

Don’t we love ERP solutions? Besides being sometimes crumble and difficult to master they get the job done. Goods are delivered and books get closed....

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3 min read

Red Herring Global 100 - The Key Takeways

Red Herring recognizes technology industry startups and leaders of private ventures from around the globe. Their November 2015 Global 100 event...

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1 min read

Good Sign Solutions Receives Red Herring Global Top 100 Award

Good Sign Solutions joins the exclusive ranks of companies to win the prestigious Red Herring 2015 Top 100 Global Award. The event insights and...

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1 min read

News: Janne Kivilaakso Joins Good Sign as Industrial Internet Lead

Adding Strength to Good Sign's Growing Team! Janne Kivilaakso has started at Good Sign as the Industrial Internet Lead. Janne will focus on extending...

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2 min read

3 Challenges Facing Incumbent Service Businesses

Innovative business models are making headlines, challenging the boundaries of legal rulings, and turning their sights on competing against larger...

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1 min read

Good Sign winnaar Red Herring Top 100 Europe Award

De Red Herring Top 100 Europa vormt een onderscheidende lijst van nieuwe, toonaangevende en innovatieve bedrijven en entrepreneurs in de technologie....

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1 min read

New ITSM professional at Good Sign

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