REDWOOD CITY, Calif., Jan. 20, 2014 (GLOBE NEWSWIRE) -- Vindicia, the leader in enterprise subscription billing solutions, today announced it has been nominated by hybris Software, an SAP company, for the ISV of the Year Award, recognizing Vindicia's contributions within the hybris Extend Marketplace, a distinction given to those vendors having a close working relationship with hybris and promising pre-built integrations with hybris software. The award winners will be announced during the hybris Global Partner Summit in Munich, Germany, later this week.
Hybris, an SAP company, has hundreds of third-party products available for customer implementations, but only those considered "best-of-breed" are qualified for partnership through hybris Extend. Through the seamless integration between Vindicia and hybris, which has been in place since August 2013, customers with subscription business models acquire more customers, generate more revenue, and establish perpetual customer relationships.
"Vindicia's partnership with hybris has brought tremendous benefit to both of our customer bases," said Vindicia SVP Charles Breed, "we are thrilled to be recognized for the critical involvement Vindicia has in completing the hybris subscription customer's end-to-end experience." Vindicia enhances the offerings of the hybris Commerce Suite by adding the ability to bill consumers on a recurring basis, allowing for a longer, richer experience with the customer.
About Vindicia
Vindicia, the true leader in enterprise-class subscription billing, was recently ranked the number one billing software solution on the market by Billing Software.com. Vindicia takes subscription billing to new levels. Vindicia combines cutting edge customer acquisition methods with advanced customer retention technologies, while maintaining unmatched scalability and 99.99% up-time. Vindicia has processed more than $6 billion globally and generates over $90 million in annual incremental revenue for clients. Our clients include TransUnion Interactive, Intuit, Activision Blizzard, IAC, Bloomberg, Vimeo and Next Issue Media. For more information visit www.vindicia.com. Follow us on Twitter @vindicia, "Like" us on facebook/vindicia, and read our blog at www.vindicia.com/blog.
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