Jamie Benton, Vuzion Head of Platform, writes …
Within an extremely short space of time all manner of businesses have been forced to shift into a completely new way of working. The words behind the acronym that’s become increasingly trendy, VUCA - volatility, uncertainty, complexity, and ambiguity - would certainly seem to apply to the experience of the past year. As the cloud industry continues to develop, especially due to the COVID-19 pandemic requirements and this new way of working, it is more important than ever for partners to integrate and automate as much of their business and its processes as possible.
One of the biggest business challenges that partners currently face is the ability to bill complex cloud products reliably, efficiently, and accurately. To address this need, Vuzion introduced their billing services through CORE, Vuzion’s marketplace and eCommerce platform.
This add-on for Vuzion CORE enables partners to start using various capabilities from the CORE platform and to truly start taking advantage of the expertise that Vuzion has to offer.
CORE gives partners the ability to automatically collect accurate payments from end-customers and for these payments to go directly into their account.
CORE enables partners to require automatic notifications to go to customers detailing what they’re paying for, and when they provision a new service and/or if things go wrong and fail to provision.
Once partners have set up charging the customer and notifying them comprehensively throughout their lifecycle, they can think about creating reporting for themselves, reconciling/validating. Reporting and Data Export allows partners to export all provisioned orders (and all payments if they choose to do so) allowing for easy review and digest into the partner’s own third-party system, or internal finance professionals’ systems. This provides a clear and easy way to see what has been provisioned by/for end-customers and what payments have been taken.
We have all of this and much more covered when partners take advantage of Billing Services.
And to make payment as simple as possible, we primarily use:
GoCardless for direct debits. GoCardless makes it easy to collect direct debit payments from customers worldwide, even for one-off or variable amounts.
Stripe for credit cards. Stripe accepts payments and sends payouts globally. Stripe also helps companies beat fraud, and send invoices, issue virtual and physical cards, obtain financing, manage business spend, and much more.
For more information about the benefits of utilising Vuzion’s Billing Services, contact 0333 009 5890 or email email@example.com.