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Subscription economy and circular economy combined

Avatar-Stephanie Timm

Editor and content creator at nexnet GmbH for around 3 years. Trained in the topics of billing, payment and financial management, she researches and writes texts that not only introduce the reader to the exciting world of billing, debtor management, payment clearing and the like, but also reports on changes to the regulations in these areas.

Circular economy - Our summary of the Aachen Service Forum. The picture shows a bird's eye view of a primeval forest. And you can see a white infinity symbol depicted on the treetops.

Summary of the 26th Aachen Service Forum

Entrepreneurs experience it again and again: the market is changing and the subscription journey is an important part of this. At the 26th Aachen Service Forum, this was precisely the defining theme of this year's event. Selected speakers presented forward-looking solutions that can boost the subscription journey, and not just in mechanical and plant engineering.

Subscription billing in mechanical and plant engineering

Subscriptions make it easier to achieve corporate goals, as they generate regular revenue, predictable demand and long-term customer loyalty, to name just a few of the benefits of this business model. But there is much more potential, especially with regard to the circular economy. This is why the subscription topic is particularly exciting for the mechanical and plant engineering sector.

As a partner of the 26th Aachen Service Forum, we at nexnet, together with our long-standing partner vysion consulting, were able to present the talk "Subscription billing in mechanical and plant engineering: Challenges in times of the circular economy megatrend" to the numerous participants of the Service Forum.

Challenges in times of the circular economy megatrend

As experts in secure, digital data processing and optimized billing processes, we have been active in the industry for over 20 years. Well-known companies rely on our subscription billing solutions and use the nexnet platform for their billing processes.

Tip: nexnet offers a billing tool with which your subscription business model already promises success today.

vysion is a specialist for SAP accounting solutions and myssion consulting they offer extensive expertise in the field of sustainability and support organizations and companies in achieving and implementing real change.

Vysion: Specialist for billing solutions and sustainability issues. 

To summarize

We had some very interesting discussions with forum participants who wanted to learn more about subscription billing in mechanical and plant engineering.

The topic of subscription has also arrived at the Aachen Service Forum and will inspire even more sectors in the coming years. Sustainability issues, such as the circular economy, are also becoming increasingly important for companies. Because more and more customers are attaching importance to sustainability and new political decisions are demanding environmental issues. Only those who know how to take the right steps today and optimize their business in line with the new issues will be able to play a leading role in the market.

For us, the 26th Aachen Service Forum was a great experience and we will certainly be there again next year.

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