Subscriptions management for a circular economy
Good Sign powers Fortum's HorsePower with a comprehensive solution managing pricing, billing, subscriptions and logistics chain orchestration.
Good Sign powers Fortum's HorsePower with a comprehensive solution managing pricing, billing, subscriptions and logistics chain orchestration.
Fortum HorsePower, a circular economy service, chose Good Sign for end-to-end automation from pricing and service activation to manage logistics process and billing. Since the HorsePower business model differs from Fortum's traditional business, they needed a solution that could help them manage subscription-based and logistics-intensive business model.
”Good Sign helps us to streamline our sales and logistics management processes. I’m expecting a significant reduction in efforts and costs needed to manage our deliveries and invoicing. I’m glad that now we can focus on more value-creating tasks. We can also monetize performed services faster than before”.
VP, Fortum HorsePower
Customers can configure the service to match their individual timetables and required service content.
Flexibility and ability to adapt any business model helped Fortum to bring new service in the market just in few months.
Automated service orchestration and monetization on an ecosystem of sawmills, horse stables, power plants, and logistic operators.
Fortum is the 9th largest heat producer and active in the field of renewable energy. Fortum HorsePower is one of the renewable energy business units offering subscription-based waste management for horse stables and utilizing the waste in heat production.
With its HorsePower business Fortum is both helping Horse stables to manage manure and using it to produce heat and replace other non-renewable sources of energy. They needed a flexible solution to manage subscription-based and logistics-intensive business model. Because of the required quick time to market for the new service, it was not possible to use the existing information systems and Fortum evaluated systems which could manage the required operations:
With one single software Fortum manages the process from customer contracts to billing. Good Sign software at Fortum covers:
Good Sign Software reduced vastly manual work done previously with pricing, managing logistics and billing the stables. At the same time, the quality has increased because of fewer errors and delay in the process. With the help of Good Sign software, Fortum HorsePower is able to grow and improve cash flow at least 15 days.
“We saw that Good Sign was the most flexible and most innovative solution."
VP, Fortum HorsePower