The Hertz Corporation has chosen the RecVue Monetization Platform to manage billing, commissions, and revenue.
RecVue's Monetization Platform will enable Hertz to automate key elements of its order to cash process, including contracts, pricing, billing, commissions, and third-party obligations. RecVue will serve as a single system of record that will allow Hertz to report and analyze millions of rental agreements and commissions transactions.
"Digital transformation starts with the ability to optimize monetization and, more importantly, to use data to dynamically craft and support new business models," R. Wang, principal analyst and founder and chairman at Constellation Research, said in a statement. "Organizations [that] are serious about change must start with transforming monetization models and look to a new category of solutions to support that journey."