Tridens Monetization

Tridens Monetization

About TrustRadius ScoringScore 9.5 out of 100
Tridens Monetization

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Verified User
Team Lead in Marketing
Consumer Electronics Company, 51-200 employees
Verified User
Account Manager in Customer Service
Health, Wellness and Fitness Company, 5001-10,000 employees

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Tridens Monetization

Tridens Monetization

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What is Tridens Monetization?

Tridens Monetization is designed to enable service providers to quickly launch digital subscription and usage-based services that differentiate against competitors, develop recurring revenues, and deepen customer relationships. Moreover, Tridens Monetization enables automation of subscription…

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  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

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Service Offering Details

What is Tridens Monetization?

Tridens Monetization is designed to enable service providers to quickly launch digital subscription and usage-based services that differentiate against competitors, develop recurring revenues, and deepen customer relationships. Moreover, Tridens Monetization enables automation of subscription billing process in a Quote-Order-Cash digital economy from quoting, offer design, rating, taxation, billing & invoicing, payments, collection to reports & analytics.

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Reviews and Ratings

 (8)

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July 23, 2021

Monetization Tool for Managing B2C Subscriptions

Verified User
Team Lead in Marketing
Consumer Electronics Company, 51-200 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

Charging, billing and collecting payments for subscriptions related to consumer electronics, such as software (editing tools), replacement guarantees, discounts for multiple services, installments, etc. Tridens Monetization comes with a well-designed REST API, allowing for in-house portal development. It is useful for creating targeted offers, due to its product bundling capabilities.

Pros and Cons

  • Subscription Management
  • Product Bundling
  • REST API
  • More payment method options in payment-provider integrations

Likelihood to Recommend

Tridens Monetization delivers on providing customized experience per customer segment. Dealing with consumer subscription services we need that flexibility to create targeted offers based on our clientele. The REST API and integrations with multiple payment gateways in Tridens Monetization are very useful for offering a selfcare portal and payment options to the customers.
July 12, 2021

Solution for Healthcare Billing and Finance

Verified User
Account Manager in Customer Service
Health, Wellness and Fitness Company, 5001-10,000 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

We issue healthcare service bills for a portion of our recurring and non-recurring clients. Bills are issued via email or downloaded to an FTP location and printed. We also use Tridens Monetization for financial reports and analysis purposes to get a better understanding of our sales.

Pros and Cons

  • Highly configurable
  • Allows multiple invoice templates
  • statistics and analytics
  • We would enjoy even more reporting options, but we are still very satisfied

Likelihood to Recommend

Tridens Monetization is great for companies that need a quick and easy way to issue invoices and keep track of their clients and sales, but still like to keep options open for more complex billing scenarios in the future.
May 01, 2021

Billing and monetization tool for port services

Verified User
Manager in Product Management
Logistics & Supply Chain Company, 1001-5000 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

We charge vessel operators for imports, exports, and handling charges. The calculation happens depending on a number of price combinations configured in Tridens Monetization. Prices differ based on cargo type, container weight, container owner, and multiple other parameters. In addition, we charge clients for cargo collection, late pickup fees, container movement and customs. Pricing is configured in Tridens Monetization, where we also export invoices for printing and pull financial reports.

Pros and Cons

  • Multi-parameter complex rating
  • Invoice template configuration
  • Invoice export
  • Financial reports
  • Migrating our pricing took a while due to complexity, but the Tridens Monetization team was a great help

Likelihood to Recommend

We are very impressed with the configurability of rating parameters. We can configure different prices for containers, shipping lines, and any other port service. Combining diverse invoicing intervals with single-issue invoices allows us to have regular clients with monthly fees, while still being able to issue an immediate invoice for customs charges, cargo movement, and other fees.
April 21, 2021

Utility Services Rating and Billing Solution

Verified User
Consultant in Product Management
Utilities Company, 1001-5000 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

We have a portion of our customers in Tridens Monetization, where their consumption is rated, any additional fees are applied, then the invoices are prepared in PDF format and exported to FTP. We feed meter data to Monetization via CSV file uploads, which saves us an enormous amount of time. Our customers can make use of the Monetization selfcare portal to view their meter states, bills, and any other purchased products.

Pros and Cons

  • multiple service rating
  • invoice exports
  • service design and configurability
  • we are pleased with the solution

Likelihood to Recommend

I like that we can use Tridens Monetization as a centralized solution for multiple services at once, since the service type configurability is very flexible. The configurable event types allow us to define different cycles (monthly, bi-monthly, weekly) for our clients, based on the service they are using. Feeding meter data into Monetization via CSV uploads was also very easy to set up with out-of-the-box features.
April 02, 2021

A Flexible EV-Charging Rating and Billing Solution

Verified User
Engineer in Information Technology
Utilities Company, 501-1000 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

We use Tridens Monetization in the department for our EV charging platform solution--specifically for rating and billing of EV charging usage to our consumers based on different parameters and different payment types. We are integrated with Tridens Monetization's REST API to feed in the data, and we use the user interface for management and offer configuration.

Pros

  • Product catalogue configuration
  • Usage-based rating (real-time)
  • Automatic billing and invoicing
  • Integration options

Likelihood to Recommend

The ability to configure prices for usage-based rating in Tridens Monetization is extremely flexible to a point where we can define our own parameters on each charger, then consider them in the rating process. That way we are able to segregate our pricing to urban/suburban areas, happy-hours, charging-speed, and even more. This flexibility, combined with the ability to create different plans with free resources, really allows us to fine tune our marketing strategy for our EV software.
March 24, 2021

An All-Round Solution for Billing Software Services

Verified User
Engineer in Information Technology
Computer Software Company, 1-10 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

We use Tridens Monetization to automate the billing and payment-collection process for our regular clients in the Computer Software field.
We have our product catalogue defined in Tridens Monetization, then we onboard subscription clients for automatic billing. In some cases we also make use of Webhooks and the API integration.

Pros and Cons

  • Configurability of Product Catalogue
  • Automation of Billing Processes and Payment Collection
  • Easy to Use User-Interface
  • Great Support Team
  • No particular cons or dislikes

Likelihood to Recommend

I really enjoy the ability to configure a product catalogue and then onboard new clients with just a few clicks. I also use the invoice-to-email feature a lot, in combination with configurable billing and invoicing jobs.
Generally, I never felt like anything was missing, but there was a slight learning curve with more complex features, since our goal was to automate the billing process entirely with some usage-based services as well. The support team was very responsive and happy to help.
March 23, 2021

Billing solution for software engineering services

Verified User
C-Level Executive in Engineering
Computer Software Company, 1-10 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

I use Tridens Monetization as billing solution for my software engineering services.

Pros and Cons

  • Feature with configurable invoice templates is definitely an advantage over competitors.
  • Software offers great advantage to integrate with other services through webhooks which perfectly fits into my case.
  • Service runs very smoothly without any serious interruptions and most important it is accurate and customizable.
  • There are some specifics that would come handy like a bit of improvement on search filters and reports.

Likelihood to Recommend

I really enjoyed that it is easy to use and easy to setup for my use case which is simple subscription billing where i charge my customers on a monthly basis for my services.
March 03, 2021

Super recurring billing for education services

Verified User
C-Level Executive in Other
E-Learning Company, 1-10 employees
Score 10 out of 10
Vetted Review
Verified User
Review Source

Use Cases and Deployment Scope

I have been providing education services for business and individuals. It was easy to configure the product offering from one-time fees, recurring fees, promotions to discounts. I am using the payments and automatic dunning process.

Pros and Cons

  • It is easy to use, they have an intuitive and modern GUI.
  • I like their support team, as well.
  • Dashboard could be configurable. I hope they will add this feature soon!

Likelihood to Recommend

[Tridens Monetization is used for] subscription management, highly flexible offer design with promotions and discounts