VANCOUVER, Dec. 14 /CNW/ - Monexa Solutions Inc. ("Monexa"), the leader in flexible subscription billing, continues to attract an impressive volume of new customers across all types of online services, SaaS and cloud computing. This growing customer count demonstrates the strength of Monexa's service and the overall growth of subscription billing models. "Wanted Technologies and SalesVu chose Monexa Billing to monetize their subscription business models because we enable them to make subscriptions work the way they need them to, and because we can get them up and running quickly," states John Jacobson, President and CEO of Monexa. "The businesses that come to us have all found interesting and progressive ways to use Monexa Billing to price and sell their services and get paid by their customers."
WANTED Technologies - WANTED provides real-time business intelligence for the talent marketplace. Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
|What they needed: WANTED primarily services enterprise level clients, but were looking to begin offering a more targeted, low-touch solution for smaller businesses and provide it online using a credit card signup procedure. Automated payments were critical to creating a model in which smaller businesses could be served without major sales support and activity.|
|Why they chose Monexa: Quick and easy integration were key for WANTED and they found that in Monexa's cloud solution. They required a solution that could be integrated on their end, so a proven billing API was required. Monexa's billing solution granted them the flexibility to try new approaches, which was key since they were tweaking an already existing product to suit the needs of a new market. Lastly, Monexa's subscription billing solution was a welcome change from the products on the market that were, for the most part, geared toward shopping carts.|
"In Monexa we found a billing solution that granted the flexibility to take an existing product, suited to enterprise level business and adjust it for use among a smaller business demographic," states Juli Morris, Director of Marketing at WANTED Technologies.
"Monexa allowed us the ability to scale down the need for extensive sales driven transactions and activity to deliver the product to small businesses on an appropriate scale. Their implementation team has consistently been patient, polite, flexible, and quick to respond. They implemented all requested features and fixes promptly, and showed dedication and concern for our goals -- worthy of the finest customer support."
SalesVu - SalesVu provides the only social media integrated point of sale system designed to drive customers to restaurant and hospitality businesses.
|What they needed: SalesVu came to Monexa during their start-up phase when they required the ability to launch their product. They also had a new coupon service integrated with social media sites like Facebook on their short-term roadmap. This would require metered billing based on the number of coupons redeemed at a customer's store.|
|SalesVu chose Monexa's premier product, Monexa Billing, to manage all SalesVu customers, track the services they subscribe to, track the volume of coupons redeemed and automate monthly billing and payments. SalesVu's focus remains on building features that will directly benefit the restaurant customers they serve. They did not want to spend time building billing features and dealing with payment security regulations like PCI.|
|Why they chose Monexa: SalesVu required a solution that would accommodate evolving pricing models and was attracted to the flexibility that Monexa offered. Monexa's open API was key in delivering seamless integration between the SalesVu cloud-based business and their billing requirements. Monexa Billing also came with fully functional web pages that SalesVu could quickly brand, allowing SalesVu customers to manage their own billing accounts. Finally, SalesVu was looking for a billing solution that could handle all of the PCI security issues their merchant account required.|
Market intelligence company IDC forecasts this Cloud Billing Market to grow at a 78.5% CAGR from 2008-2014. (IDC, Worldwide Cloud Billing 2009-2014 Forecast, Doc # 221358, December 2009).
Monexa pioneered the on-demand subscription billing space and has worked with hundreds of businesses to help monetize their services. Having the most capable and open subscription billing solution in the cloud, combined with proven billing industry expertise, sets Monexa apart from other service providers. Monexa's customers range in size from high growth SaaS and Cloud Infrastructure companies like Untangle and ActiveState to large household name companies like Pitney Bowes Business Insight, AOL Canada, Sprint, Amway and Bell Mobility. For more information about Monexa Billing and the ways Monexa can help you monetize your services visit http://www.monexa.com.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
This news release contains forward-looking statements. Actual events or results may differ materially from those described in the forward-looking statements due to a number of risks and uncertainties, including changes in financial and product market conditions. Forward-looking statements are based on management's estimates, beliefs, and opinions. The Company assumes no obligation to update forward-looking statements, other than as may be required by applicable law.
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