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Tridens Monetization

Tridens Monetization

Overview

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…

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Recent Reviews

TrustRadius Insights

Tridens Monetization is a versatile tool used by users in the computer software field to automate their billing and payment-collection …
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Product Demos

Tridens Monetization - Media & Entertainment - Demo

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Tridens Monetization - Energy & Utility - Demo

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Tridens Monetization - Communications - Demo

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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.

Tridens Monetization Video

Tridens Monetization brings a comprehensive suite of analytics, pricing, billing, payments, and revenue management capabilities, keeping the principles of intelligent billing front and center in your day to day. Improving operations across departments such as finance, operatio...
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Reviews and Ratings

(8)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Tridens Monetization is a versatile tool used by users in the computer software field to automate their billing and payment-collection process. By defining product catalogues, onboarding subscription clients, and enabling automatic billing, Tridens Monetization streamlines the entire billing cycle. Users appreciate the webhooks and API integration capabilities, which allow for customized workflows and seamless integration with other systems. The software is particularly effective for charging, billing, and collecting payments related to consumer electronics, such as software licenses, replacement guarantees, and discounts for multiple services or installments. Its well-designed REST API also empowers users to develop in-house portals and create targeted offers through product bundling capabilities.

Tridens Monetization extends its usefulness to industries beyond software as well. For vessel operators, it facilitates the charging and billing process for imports, exports, and handling charges based on various price combinations. Users find it easy to configure prices that vary depending on cargo type, container weight, container owner, and other parameters. Additionally, Tridens Monetization supports the application of additional charges such as cargo collection fees, late pickup fees, container movement charges, and customs fees. With the ability to export invoices for printing and generate comprehensive financial reports within the software itself, Tridens Monetization helps businesses in this industry streamline their operations.

This flexible monetization solution also serves as an essential tool in the EV charging platform sector. Users rely on its rating and billing capabilities to accurately charge customers for EV charging usage based on different parameters and payment types. Integration with Tridens Monetization's REST API allows for seamless data feeding from various sources while utilizing the user-friendly interface for management and offer configuration. Moreover, users appreciate how effortlessly they can configure product offerings encompassing one-time fees, recurring fees, promotions, and discounts.

In healthcare service settings, Tridens Monetization plays a crucial role in issuing bills to clients. Whether recurrent or non-recurring, these bills can be conveniently sent via email or downloaded to an FTP location for printing. Users also benefit from the platform's comprehensive financial reporting and analysis features, which provide valuable insights into sales and aid in decision-making processes.

Overall, Tridens Monetization emerges as a reliable billing solution with a range of use cases across multiple industries. Its automation capabilities simplify complex billing processes, enhance efficiency, and empower users to customize workflows according to their specific requirements.

Intuitive and Modern User Interface: Many users have praised the product for its intuitive and modern user interface, which has made it easy for them to navigate and perform tasks efficiently. They appreciate the design and layout of the interface, stating that it enhances their overall experience with the product.

Multiple Invoice Templates: Several reviewers have mentioned that one of the standout features of the product is its availability of multiple invoice templates. This advantage over competitors allows users to choose from a variety of professionally designed templates, giving them flexibility in creating invoices that align with their brand identity.

Highly Configurable: A notable number of customers have highlighted the software's high configurability as a positive aspect. They value being able to customize the invoice templates according to their specific needs, giving them greater control over the appearance and content of their invoices. This level of customization has been seen as a valuable feature by many users.

Lack of Payment Method Options: Some users have expressed a desire for more payment method options in the payment-provider integrations. They feel that having additional options would provide greater flexibility and convenience.

Complexity of Pricing Migration: Several reviewers have mentioned that they experienced some challenges with migrating their pricing due to its complexity. However, they appreciated the assistance provided by the Tridens Monetization team in resolving any issues that arose.

Need for Configurable Dashboard: Many users have expressed a desire for a configurable dashboard feature. They believe that being able to customize the layout and content of their dashboard would enhance their overall experience with the product.

Users commonly recommend Tridens Monetization for its flexibility and cost-effectiveness compared to similar solutions. They appreciate its numerous features and competitive pricing, making it suitable for small to medium-sized businesses in need of a versatile billing platform. Additionally, users recommend Tridens Monetization for companies with complex pricing and invoicing needs due to its ability to handle intricate requirements. Moreover, users find Tridens Monetization easy to use while still offering a range of advanced features, making it more advanced than its competitors.

Reviews

(1-8 of 8)
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Score 10 out of 10
Vetted Review
Verified User
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.
  • Subscription Management
  • Product Bundling
  • REST API
  • More payment method options in payment-provider integrations
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.
Score 10 out of 10
Vetted Review
Verified User
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.
  • Highly configurable
  • Allows multiple invoice templates
  • statistics and analytics
  • We would enjoy even more reporting options, but we are still very satisfied
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.
Score 10 out of 10
Vetted Review
Verified User
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.
  • 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
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.
Score 10 out of 10
Vetted Review
Verified User
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.
  • multiple service rating
  • invoice exports
  • service design and configurability
  • we are pleased with the solution
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.
Score 10 out of 10
Vetted Review
Verified User
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.
  • Product catalogue configuration
  • Usage-based rating (real-time)
  • Automatic billing and invoicing
  • Integration options
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.
Score 10 out of 10
Vetted Review
Verified User
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.
  • Configurability of Product Catalogue
  • Automation of Billing Processes and Payment Collection
  • Easy to Use User-Interface
  • Great Support Team
  • No particular cons or dislikes
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.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I use Tridens Monetization as billing solution for my software engineering services.
  • 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.
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.
Score 10 out of 10
Vetted Review
Verified User
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.
  • 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!
[Tridens Monetization is used for] subscription management, highly flexible offer design with promotions and discounts
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