Salesforce pursues acquisition of ‘Meter,’ a company that specializes in usage-based billing

Salesforce plans to acquire m3ter, a usage-based billing company, to enhance the functionality of Revenue Cloud, currently reorganized as Agentforce Revenue Management. Salesforce said in a press release, “With this acquisition, large-capacity billing data processing (mediation), usage metering, and rating functions will be built into Agent Force Revue Management,” adding, “Companies will be able to introduce, track, scale, and bill the flexible usage-based and performance-based pricing models required in the AI ​​era.” “Most companies selling software or services are still using existing CPQ (Configuration, Pricing, Quotation) and billing systems designed on the premise of a seat-based pricing system,” said Bhupendra Chopra, chief revenue officer at IT consulting firm Kanerika. “On the other hand, the products they offer are