Press Release: Billwerk+ introduces new product suite
Published: March 12, 2024
Billwerk+ introduces new product suite to address customer needs more precisely and strengthen the European Subscription Economy.
Frankfurt am Main, Germany, March 12th 2024 – Billwerk+, a leading provider of subscription management and payment solutions, announces today the launch of its new product portfolio. The product trio consisting of Billwerk+ Pay, Billwerk+ Optimize, and Billwerk+ Transform addresses a wide range of subscription management, billing, and payment customer needs and is industry-agnostic and deployable across Europe for companies of all sizes.
The product suite has been developed as a holistic solution covering the entire value chain for subscription business models. Companies are to be supported in making their subscription and payment business more efficient, optimizing internal processes, proactively preventing customer churn, and maximizing business success and scalability through AI-driven analytics.
Billwerk+ CEO Dr. Ricco Deutscher commented on this groundbreaking development as follows:
“As the subscription market matures and expands, Billwerk+ renews and expands its existing product offering. With our new product suite, we address the changing requirements in the subscription market.”
David McGuinness, Chief Product Officer at Billwerk+, explained the company’s product strategy:
“At Billwerk+, we not only help our customers manage their subscription business – we enable them to optimize it. Billwerk+ Pay allows merchants of all sizes in any region to offer their customers the widest range of local payment methods at the most competitive prices. Billwerk+ Optimize supports customers in elevating their recurring billing business to the next level and transforming the traditional linear ‘Order-to-Cash’ model into a cycle where data and insights enable them to continuously optimize their acquisition model and maximize return on marketing spend. Billwerk+ Transform is our enterprise platform aimed at helping larger customers manage their recurring billing business and seamlessly integrate it into their existing payment, CRM, or ERP systems to give them full control and transparency over their business.”
After bolstering its strength through mergers with Reepay, Sofacto, and Plenigo in the years 2021-2023, Billwerk+ now achieves another significant milestone. The introduction of its new product portfolio underscores Billwerk+’s position as a leading provider in Europe for subscription management, billing, and payment and its commitment to further advancing the European Subscription Economy.
About Billwerk+
Billwerk+ provides a cloud-based platform for payments, billing, and subscription management, simplifying the management and billing of recurring and consumption-based services. In this way, Billwerk+’s platform contributes significantly to the digital value chain for subscription business models. Today, Billwerk+ employs more than 150 employees at six locations: Frankfurt, Kempten, Copenhagen, Montpellier, Gdansk, and Minsk.
