CCC Intelligent Solutions Inc. Goes Live on BillingPlatform to Streamline Revenue Operations

Insurtech leader, CCC, now leveraging comprehensive b****** and monetization solution to automate b****** processes and improve operational efficiency

BillingPlatform, the revenue management solution for innovative business models, announced that CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the property and casualty insurance economy, has gone live on BillingPlatform to modernize the company’s b****** processes. CCC uses multiple BillingPlatform solutions – BillingCloud, CollectionsCloud, Revenue Recognition and the Customer Portal – to automate its b****** processes, improve operational efficiency and offer customers flexible invoicing models, among many other benefits.

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CCC was looking for a robust and scalable solution able to handle complex pricing models, accounts receivable management, customer payments, revenue accounting in accordance with ASC 606 and the ability to integrate with its existing technology stack. CCC also sought a solution to streamline client activation, support custom pricing models and manage client renewals and amendments.

“We selected BillingPlatform because it is an enterprise-grade solution that can seamlessly and efficiently support our diverse b****** requirements,” said Brian Herb, Chief Financial Officer at CCC. “BillingPlatform’s functionality, including its ability to defer revenue with automated revenue recognition and scalability, supports operational efficiencies so we can focus on delivering new solutions across our customer base.”

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With global customers serving multiple industries, including communications, transportation, media and entertainment, retail, finance and software, BillingPlatform is the only revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process – from product setup, quoting, b****** and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.

“We’re honored to be able to support CCC by providing a platform that will help digitally transform their operations,” said Dennis Wall, CEO at BillingPlatform. “Many of our large enterprise customers have similar challenges with their b****** processes in terms of needing a single solution that can provide various capabilities and scale across multiple business units – an area where we excel – and we look forward to helping CCC continue to advance operations.”

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