Understand Per User Cost
Products and Finance teams must understand per-user cost to iterate on pricing and build a profitable business. OpenMeter gives insight into the cost of specific customers and product features, which helps to prioritize the roadmap, iterate on pricing and analyze margins to increase profitability.
Attribute Shared Cost
Companies building on shared cloud and vendor resources must attribute costs to internal teams and customers to increase accountability and efficiency. This is especially true for expensive resources like LLMs, GPU, and computing.
Enforcing Usage and Rate Limits
Companies building on top of expensive resources like LLMs and GPUs must safeguard their profit margins against excessive usage. In an era of AI and automation, enforcing usage and rate limits enforcement is critical.
FinOps Unit Economics
Efficiency and FinOps practitioners must allocate cloud costs to internal teams to optimize cloud spending to increase accountability and drive efficiency. Finance and engineering must speak the same language to manage cost leadership effectively. This is where unit cost and internal rate cards enable effective budgeting and forecasting by creating a contract among teams providing services to each other.
“Consumption based SaaS revenue modeling (usage-based pricing) is a multi-disciplinary problem. It sits at the intersection of tech, process and organizational challenges; from real-time data computation, plug-and-play pricing policies, to orchestrating seamless workflows across multiple functions like Finance, Sales, Revenue Ops, Data & Platform engineering teams. OpenMeter seamlessly solves these needs. It enables Billing platform teams to surface the right strategic trends for the business, feeding into existing Land or Expand motions, highlighting Churn concerns and ultimately empowering an Executive team to adopt a users’ first approach to achieving business goals.”
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