Efficient data and billing management for Germany's largest transaction platform
Europace AG is Germany's largest transaction platform for construction financing and installment loans. For over 20 years, it has connected more than 30,000 users with banks, insurance companies and financial service providers, facilitating around 35,000 transactions per month.
Europace has significantly modernized the financing process in Germany with its digital platform - focusing on efficiency, transparency and scalability.
The challenge
As the central interface in the financial ecosystem, Europace processes enormous amounts of data and complex transactions on a daily basis. These high requirements necessitated a powerful billing and booking system
The central challenges
- Complex data models with different structures and formats must be processed reliably.
- Mass data processing with more than 30,000 connected partners requires a high-performance, flexible system.
- Testable monthly financial statements and audit-proof reports must be provided efficiently and error-free.
- Automation of billing processes - to reduce manual effort and ensure data quality.
The solution: SaaS Subscription Billing & byoCRM from nexnet
To meet these requirements, Europace relies on nexnet's subscription billing and CRM solutions.
1. byoCRM - build your own Customer Relationship Management
The modular SaaS solution was individually tailored to Europace's complex business processes. It enables:
Mapping of all master, product and contract data,
Control of commission and logistics processes
Integration into existing financial systems via automatically generated APIs
Simple deployment in the nexnet data center - scalable and secure at all times.
2. automated subscription billing & financial clearing
nexnet handles all billing and accounting for Europace. Automated processes ensure efficient and error-free monthly closings, invoicing and clearing procedures.
results are auditable reports, transparent accounting runs and a significant reduction in the workload of the internal finance teams.
3. customizing & process integration
Thanks to comprehensive customizing services, nexnet was able to fully integrate Europace's existing processes into its own platform. All interfaces and workflows are generated automatically and can be used directly in production.
- Billing
- Reporting & BI
- Consulting
- Germany
- Middle class
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Let us advise you without obligation and discover the possibilities!
Let us advise you without obligation and discover the possibilities!
Success in figures
Results
The introduction of the nexnet Subscription Billing Platform led to significant improvements at Europace:
- Increased efficiency: Fully automated workflows and consistent data processing minimize manual intervention.
- Scalability: The platform grows flexibly with Europace's increasing transaction volume.
- Cost savings: Optimized billing processes reduce operational expenses in the financial area.
- Data quality & transparency: auditable monthly financial statements and audit-proof reports ensure maximum compliance.
Reliability: SaaS operation in the nexnet data center guarantees stable and secure performance.
Conclusion
The successful partnership between Europace and nexnet shows how modern subscription billing solutions can transform complex financial processes.
By using byoCRM and billing automation from nexnet, Europace has raised its data, billing and reporting processes to a new level of efficiency.
The result: a future-proof, scalable and fully digitalized billing landscape that optimally supports Europe's leading financial platform as it continues to grow.