Automate recurring revenue streams
Discover our software capabilities
AUTOMATE RECURRING BILLING
Good Sign enables full billing process automation yet enabling reviews, altering, and approvals of invoice content prior to sending.
TIMELY AND ACCURATE INVOICES
Set billing tasks to run automatically and enjoy the accurate recurring invoices and cash-flow improvement without the need to worry about revenue leakages.
INVOICE DELIVERY AND PAYMENT METHODS
The actual sending of invoices can happen straight from Good Sign or through an invoice processing service provider. E-bill, paper-bill, and credit card, and other online payment methods are supported. In all cases, you can specify multiple invoice layouts.
CONFIGURABLE BILLING SCHEDULES
Good sign enables the configuration of customer-specific invoice schedules and recurrences.
INVOICE LAYOUTS
Regardless of the payment method, you can specify multiple invoice layouts.
IMPROVE CUSTOMER EXPERIENCE
Demanding customer requirements for cost allocations, invoice line categorizations, consolidations, or divisions can be managed and automated resulting in high customer experience.
Naturally, with charges, you can allow the creation of manual invoices for specific user groups.
AUTOMATE ACCOUNTING AND REPORTING
AUTOMATIC LEDGER/AR POSTINGS
Ensure automatic delivery of the invoice data containing all dimensional data relevant for accounts receivable, and financial ledgers at your required level of aggregation.
RECONCILIATION
Get full transparency to your financial data from original source data to individual charges, invoice lines and financial postings.
ECOSYSTEM SETTLEMENTS AND TRANSFER INVOICES
Good Sign manages ecosystem settlements supporting ecosystem businesses and corporations.
INTERNAL INVOICES
Automate company internal invoices to book revenues and costs correctly.
E-COMMERCE
If you are in E-commerce, Good Sign handles revenue and tax allocations for credit card payments and provides it to your accounting system.
PROCESS QUALITY METRICS
Set automated exception handling controls to recognize unexpected patterns and support process quality. Good Sign can for example notify you of an abnormally big deviation in the value of two consecutive invoices or provide you with a list of non-charged items in your offering.
INTERFACE WITH YOUR BI/DW SOLUTION
Data from the whole monetization process is available for your DW/BI and reporting tools.
PROVISION AND ORCHESTRATE SERVICES
Good Sign intelligent rule engine enables various automated triggers, alerts, transactions, and outputs for managing and automating processes and service fulfillment.
ECOSYSTEM LEVEL ORCHESTRATION
It enables automated service provisioning and orchestration of multiple automated workflows in your entire service ecosystem needed for true service monetization from usage to cash.
SUPPORT FOR VARIOUS SERVICE PROCESSES
Good Sign dynamic database ensures flexibility to handle a spectrum of service product characteristics in different types of industries, businesses and value networks.
FAILURE MANAGEMENT
Triggering of workflows are managed with rules backed up with failure management.
MANAGE DIGITAL CONTRACT LIFECYCLE
DIGITAL CONTRACT BASE
Manage your digital contracts throughout the life-cycle. Configurable and automated alerts and rule-based auto-renewals ease your contract administration work. Good Sign provides true transparency to your contract base including financial transactions and balances.
RETRIEVE AND ENRICH DATA
Good Sign can alternatively interface and retrieve contract data from your existing contract management system in which case you might want just to enrich the contracts with pricing and billing relevant parameters.
BLEND VARIOUS PRICING MODELS
Associate contract lines with predefined or dynamically derived products and utilize price lists, and pricing models for fixed recurring and/or usage-based price elements to find the best combinations of one-time, fixed fee, and consumption-based recurring models.
FLEXIBILITY FOR CUSTOMER-SPECIFIC NEEDS
Good Sign's dynamic data model ensures flexibility for managing customer-specific requirements, e.g. billing schedules, onboarding models, automatic SLAs calculations, and more.
GET YOUR COPY OF HOW TO MANAGE CUSTOMER CONTRACTS IN RECURRING BUSINESS
USE ANY SOURCE DATA
INTELLIGENT DATA-DRIVEN BILLING
A most common use of Good Sign system is to import event data regularly from external sources in Good Sign as the basis for usage or value-based billing.
USE YOUR EXISTING DATA SOURCES
Good Sign can interface with all your existing data sources simultaneously. The retrieved data can be freely used for setting charging rules and automating intelligent actions as required by your business model.
ENRICH WITH EXTERNAL DATA
Good Sign can also get data from external data sources enabling you to enrich and complete your revenue model.
CHARGING RULES BASED ON SOURCE DATA
Data inputs streams are configured via user interface into objects, containing information source, destination, mapping, import frequency and retention time etc. These objects reflect your business model and are the key building blocks for your rule-based and data-driven pricing and billing.
SET CHARGING RULES
AUTOMATE YOUR REVENUE MODELS
Good Sign enables automation of your global, customer or even contract-specific revenue models.
MONETIZE YOUR ASSETS
Does your company deliver data, content, software, or other unmonetized assets free of charge even though you should charge for it? Good Sign's intelligent rule engine enables you to dynamically define chargeable products based on your existing data.
FLEXIBILITY THROUGH RULE-BASED CHARGING
Good Sign’s rule-based, data-driven charging models provide extreme flexibility in combining both fixed and variable charge elements to meet even the most complex customer-specific needs. You may utilize any imported or otherwise available data elements to determine a set of rules to execute and automate your desired monetization model.
Billing schedules can be set by customer, product, contract - you name it.
COMPLEMENT WITH MANUAL CHARGES AND INVOICES
You can naturally create charges and invoices also manually if needed.
MANAGE PRODUCTS
LOCALIZED PRODUCTS AND BUNDLES
Manage the service catalog, localized product descriptions, and customer-specific products. Good Sign’s dynamic service product structure enables multi-tiered and dynamically configurable services, bundles, and packages.
PRODUCT VARIATIONS BASED ON RULE
You can manage catalog and service product variations driven by e.g. end user, region, customer organization, time, and multiple other conditions. Service catalog together with configurable price lists can be used also for offer pricing in tendering phase – interfaced to your CRM and/or with custom UI.
MASTER PRICING AND COSTS
CUSTOMER-SPECIFIC PRICING
Manage market, customer or contract level prices, pricing models, price increases, validity periods and more.
USAGE-BASED PRICING MODELS
Configurable price lists and pricing rules complemented with out-of-the-box usage-based pricing models provide you with a flexible and extensive pricing solution.
DATA-DRIVEN PRICING
Price lists can also be imported from external sources or prices can be derived from source data allowing even more flexibility to dynamic pricing.
COST-BASED PRICING AND PROFITABILITY METRICS
You can also import and maintain service costs for cost-based pricing, internal charge-backs, partner settlements, and commissions providing transparency to profitability metrics.
PRICE SIMULATION
Good Sign pricing simulation is handy for planning new product launches and scheduled price changes.
Download a Whitepaper: How to Mass Edit Prices With Good Sign
CREATE BUSINESS ECOSYSTEMS
MANAGE BUSINESS NETWORKS
Set and manage the organization structure and user roles including your own selling companies, customers and ecosystem partners. Good Sign can manage networked supply chains. Ecosystem partners may add value to each other's products, and Good Sign will handle associated settlements and billing to all parties.
INHERITED AND RULE-BASED SETTINGS
You can, for example, define invoice methods, product and price visibility, and language preferences for organization hierarchy or a specific organization.
KEEP TRACK
Ecosystem structure acts as a logical dimension for viewing and analyzing your digital service contract portfolio, associated charges, and invoices across the business ecosystem.
