HYDERABAD, India, July 31, 2015 /PRNewswire/ --
Magnaquest, a leading Subscription Management, Billing and
CRM solutions for video, data and cloud computing operators has
signed a Proof of Concept (PoC) with a leading pharma giant for
Internet of Things (IoT) related initiative. The PoC involves
managing different IoT applications offered on subscription
model.
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Pharma giant is striving for business innovations to make
healthcare services more accessible and affordable around the
world. The client will be using IoT applications to automate the
business operations like ordering, production planning, inventory
management and distribution; and to increase the operational
efficiency.
"We are very much excited to work on this POC as this project
will be a door opener for us in the IoT segment. SURE! will be
integrated with the IoT platform to manage and automate
subscription and billing operations. We will be handling
multi-level ordering & billing, track buying behavior, manage
multi country operations, and region based pricing and discounts,
etc. in this POC", said Ramakrishna
Mashetty, CMO, Magnaquest. "We are very confident that we
will make this a success in the stipulated time frame and induce
the client with required confidence to continue with our solution,"
he added.
POC comprises of and is not limited to
- Track and maintain list of products ordered by their
clinics
- Track buying behavior and usage of clinics
- Manage billing to clinic for all the users of clinic (Parent
child billing)
- Automate & centralize the subscription management
system
- Offer products in different regions with different prices and
discounts
- Define volume/tiered based pricing and discounts
- Define country/region specific workflows
- Generate timely renewal reminders
About SURE! (a Magnaquest
product)
SURE!, a Magnaquest Product, is Subscription Lifecycle
Management (for TV, Media & Entertainment, Broadband, Cloud
Computing) with end-to-end solutions including Billing, CRM,
Service & Usage Fulfillment, Customer Service, Metered and
Convergent Billing, Pre-Paid and Post-Paid Enablement, among
others.
SURE! manages functions from acquisition, order taking, service
provisioning, billing, payments and customer care. It empowers
service providers to introduce new products/services within no
time, have a 360 degree visibility of the customer in a single
window facilitating excellent customer service. SURE! arrests
revenue leakages and helps manage their operations at low costs
unmatched in the industry.
For more information, please visit:
http://www.experiencesure.com
Follow SURE! on
LinkedIn: https://www.linkedin.com/company/experiencesure/