BillingPlatform Named Leader in Agile Billing by MGI

BillingPlatform has received the highest overall rating in MGI Research's MGI 360 Ratings report for Agile Billing, positioning it as the market leader among 50 vendors.

The MGI 360 Ratings report evaluates agile billing solutions and aims to guide enterprises in making informed purchasing decisions. The report notes that "agile billing solutions enable companies to price creatively, package flexibly and respond swiftly to market shifts – turning a traditionally rigid process into a competitive advantage."

MGI Research conducts independent analysis focused on emerging trends in finance and technology. The firm's rating system is used by enterprises to monitor suppliers, assess purchasing risks, and identify vendors offering cost-saving, risk-reducing, and opportunity-generating technologies.

The latest assessment reviewed 50 vendors across five key categories: product, strategy, management, finance, and channel. BillingPlatform was awarded an overall score of 63, alongside an "A" rating and a "Positive" analyst outlook in the May 2025 MGI 360 Ratings report for Agile Billing.

"BillingPlatform remains the leading extensible enterprise-grade billing solution for mid-to-large enterprises with medium to large volumes, processed in quick-time or near real-time, highly complex use cases, including support of product and organisational hierarchies, significant rate of business and competitive change requiring high agility and a diverse payment processing landscape," the report states.

"The MGI 360 Ratings report evaluated BillingPlatform on over 150 different criteria across five major rating categories against a very strong and competitive peer group of monetisation vendors. As global enterprises deal with an increasingly dynamic business, trade and regulatory environment, BillingPlatform is a strong fit for companies with a complex mix of subscriptions, real-time usage and consumption models," Igor Stenmark, Managing Director and Co-founder of MGI Research, commented.

BillingPlatform has customers globally in industries such as software, finance, media and entertainment, and communications. The platform is positioned as the sole billing and revenue management solution that enables enterprises to monetise a wide range of product offerings, from straightforward subscriptions to advanced usage-based pricing models. It supports the full monetisation lifecycle covering product setup, quoting, billing and invoicing, revenue recognition, and payment collections, all on a secure, cloud-based platform.

The flexibility provided by BillingPlatform is intended to help enterprises differentiate themselves in the market, optimise profitability, control operational costs, and enhance customer experience.

"As we continue to be recognised as a technology and market leader by industry analysts, we've also added Auctane, Quickbase, Instacart, Optimum Media and other large enterprise customers to our roster. As MGI Research noted, a lot of that momentum is driven by our technology innovation as well as the high levels of customer satisfaction with our platform, deployment process and overall user experience," Dennis Wall, CEO of BillingPlatform, said. 

Beyond its recognition in the MGI 360 Ratings, BillingPlatform has also been acknowledged in other industry reports. It was named the Leader in Forrester Research's "The Forrester Wave: Recurring Billing Solutions, Q1 2025", and as a Leader in the first Gartner Magic Quadrant for Recurring Billing Applications. Further recognitions include Leader status in QKS Group's SPARK Matrix Report for Subscription & SaaS Billing Management, a spot on the Constellation Research Smart Services Digital Monetization Platforms ShortList, designation as an Automated Revenue Management Market Leader by MGI Research, and Leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment.

Other accolades awarded to BillingPlatform include the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, inclusion on Deloitte's Technology Fast 500, a listing on the Inc. 5000, recognition in the SIIA CODiE Awards programme for Best Subscription Billing Solution, and the "Company of the Year" Gold Stevie Award in the 2025 American Business Awards.