An automated solution to manage complex market invoicing

Actility is a leader in the IoT LoRaWAN protocol, an open radio standard for connecting sensors and devices over long distances with long battery life. It manages its ThingPark network in partnership with customers and partners around the world, as well as a ThingPark marketplace that sells approved sensors and devices that can easily connect to the ThingPark network.

‍Challenge

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Actility needed an automated solution to manage complex marketplace billing and settlement flows that could be fully integrated into the ThingPark marketplace. It also wanted to be able to deploy the solution to its partners for their own billing and payment needs.

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Solution

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• Management of product/service bundles
• Setting up personalized mediation
• Marketplace billing automation
• Multi-country management of VAT and local taxes
• Automating the processing of cash receipts and customer letters

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Benefits

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• Fast commissioning
• End-to-end automated billing solution
• Market and billing-as-a-service capacity