Usage-based pricing requires usage data to be brought together with account details and commercial terms, then bill amounts to be calculated and passed to the billing system.
Manual spreadsheet systems don’t cut it - they are time-consuming, error prone, don’t scale, and struggle with complexity or change.
m3ter enables automated, error-free billing for the most complex pricing schemas. Enable greater custom pricing flexibility. Complete invoicing in hours rather than days.
In a usage-based world, pricing is part of the product experience.
Customers want to know how much they’re spending and how their usage drives that spend. They want to check their running totals mid-month, and see forecasts of their next bill so they don’t get nasty surprises.
m3ter enables ad hoc, real time querying of usage billing data for each customer, delivered via API to allow easy integration into your product.
m3ter enables greater pricing flexibility, liberating Sales to design the custom pricing needed to win and expand accounts.
m3ter also provides real-time usage and spend data for every customer, with configurable alerts where these approach thresholds, allowing Sales teams to focus on the right customers at the right time with the right information.
In a usage-based world, you need to understand product usage, how that converts to revenue, how much it costs to support, and what your gross margins are.
m3ter provides this data on a per customer, real-time basis, allowing greater insight into and control of your business. We allow easy querying in our powerful UI, and/or you can export this data to power your BI stack.
Our roadmap also includes a variety of analytics products based on this data and focused on particular use cases, including forecasting and custom pricing optimization.