BillingPlatform will deploy its advanced billing solution to support complex, multi-level fee structures and seamless integration with NetSuite
DENVER, Sept. 10, 2025 /PRNewswire/ — BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, today announced that the Texas Stock Exchange (TXSE) has selected its Billing solution based on its modern architecture, extensible design and ability to support TXSE’s complex, bidirectional transaction fees.
With global customers serving multiple industries, including software, finance, media and entertainment, and communications, BillingPlatform is the only billing and revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process – including product setup, quoting, billing and invoicing, revenue recognition, payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.
As the TXSE grows and builds out its platform and systems, it recognized early on that billing would be complicated based on the exchange’s complex transaction fees, including multiple tiers, rebates as well as bidirectional payments and dynamic pricing adjustments. In addition, the billing needed to fully integrate with its NetSuite ERP ensuring a seamless data flow across systems. After reviewing multiple vendors, TXSE selected BillingPlatform for its flexibility, out-of-the-box integrations and ability to support a range of transactions and business models at scale.
“As the 8th largest economy in the world and home to more than 50 of the Fortune 500 companies, Texas provides a diverse, pro-business environment for building a next-generation securities exchange,” said Dennis Wall, BillingPlatform CEO. “Once it launches, the TXSE will offer an advanced trading platform for securities and exchange-traded products and highlight BillingPlatform’s ability to support complex financial transactions on a massive scale.”
Headquartered in Dallas and backed by some of the largest financial institutions and liquidity providers in the world, the TXSE plans to be a fully integrated, electronic national securities exchange that will enable U.S. and global companies to access U.S. equity capital markets. The new exchange aims to be the premier venue to list and trade public companies and the growing universe of exchange-traded products. The TXSE is expected to launch trading early next year, with listings by the end of the same year.
“After a thorough review, BillingPlatform stood out for providing an advanced, cost-effective billing solution that we can deploy and easily customize to our specific needs,” said Rick Yoder, Chief Technology Officer at the Texas Stock Exchange. “More importantly, BillingPlatform can easily scale as our transaction volume grows, support new revenue opportunities through dynamic pricing adjustments or adding new exchange-traded products and ensure our strict security and compliance requirements.”
BillingPlatform has earned many recent accolades, including being recognized as the Leader in Forrester Research’s “The Forrester Wave™: Recurring Billing Solutions, Q1 2025,” being a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, ranked as Top Vendor and Overall Leader in the 2025 ISG® Revenue Recognition Buyers Guide, the leader in QKS Group’s SPARK Matrix™ Report for Subscription & SaaS Billing Management, and positioned as an Automated Revenue Management Market Leader by MGI Research. The company was also awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognized as a fast-growing company on Deloitte’s Technology Fast 500™, listed on the Inc. 5000 and recognized by the SIIA CODiE Awards program as the Best Subscription Billing Solution.
About BillingPlatform
BillingPlatform empowers businesses with innovative software solutions to optimize revenue generation through every stage of the customer lifecycle, powering growth through operational agility along with a frictionless customer experience. Our industry-leading, AI-powered platform is leveraged by global enterprises to optimize the customer journey from idea to revenue. With global customers across multiple industries, including software, finance, media, transportation, and communications, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit www.billingplatform.com.
Press Contact:
Doug Broad
BillingPlatform
[email protected]
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SOURCE BillingPlatform
