What are the innovation directions in Agile Monetization · Spring, 2020
Key Issues
• How will advances in microservices impact innovation
in finance automation?
• What are the new disruptive
product capabilities that can
help finance improve strategic outcomes?
Increased emphasis on agility in finance and sales
operations is often seen strictly through the prism of
increased speed metrics such as time to market and
time to revenue. Yet, equally important in this context
are the ability to rapidly create new capabilities from
existing functions. This requires that organizations
unpack the capabilities contained in the traditional
“functional boxes”. In this research report we discuss
how creating new capabilities of components of
existing finance automation solutions can help
organizations create proactive revenue management
capability with a direct and immediate impact on both
topline growth and bottom line profitability.
The automated revenue management (ARM), a.k.a. Revenue
Recognition or RevRec, has for the longest time been viewed as a
standalone component in the finance cycle, squeezed in-between
CPQ and Billing on one end and Reconcilliation and Disclosure on the
other (see Fig.1 below).
Thinking Outside the Box in Agile Monetization
© 2020 MGI Research, LLC
mgiresearch.com
Figure 1 – Traditional Revenue Management
Disclaimer: Information is furnished on an as is basis. No warranty, written or implied as to the accuracy of the data. Not responsible for typographical or reproduction errors.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.