MCLEAN, VA, UNITED STATES, February 3, 2025 /ennovaterz/ — BluLogix, a leader in intelligent subscription billing and revenue management, today announced the general availability of BluIQ Contract Management—a powerful solution designed to help businesses streamline contracting processes, automate renewals, eliminate revenue leakage, and unify revenue operations.
Addressing the Industry’s Biggest Challenges
For businesses in SaaS, UCaaS, Managed Services, IT Solutions, AI, IoT, and Cloud Services, managing contract renewals and preventing revenue leakage is a persistent challenge. Missed renewals lead to customer churn, untracked usage data results in lost revenue, and manual contract management increases operational inefficiencies. BluIQ Contract Management solves these issues by integrating renewal automation, billing, provisioning, and contract tracking into a single, seamless platform.
Renewals and Revenue, Reimagined
- Seamless Integration of Billing & Usage Data – Eliminate revenue leakage by ensuring usage-based billing is accurate and up-to-date.
- Automated Renewal Dashboards – Track, manage, and automate contract renewals to reduce churn and maximize retention.
- Unified Revenue System – Consolidate contracts, renewals, pricing, and billing in one platform, removing the need for multiple disconnected tools.
- Proactive Upsell & Expansion Management – Identify renewal-driven upsell and cross-sell opportunities with intelligent contract insights.
- Real-Time Contract Amendments & SLA Automation – Modify terms, automate compliance tracking, and sync billing updates effortlessly.
- Bulk Renewal Actions for High-Volume Businesses – Execute renewals, upgrades, and modifications at scale.
Driving Growth & Revenue Optimization
Businesses using BluIQ Contract Management have reported:
- 110% faster contract renewals – Streamlining contract execution and customer retention.
- 72% increase in renewal-based upsell revenue – Capturing additional revenue through automated insights.
- Full visibility into contract lifecycle – Eliminating billing errors and manual tracking inefficiencies.
Industry-Leading Innovation
BluIQ Contract Management is built to support SaaS, Managed Services, IT Solutions, UCaaS, AI, IoT, and Cloud Services Providers seeking to modernize their revenue processes. The platform extends BluIQ’s industry-leading monetization suite, including consumption-based billing, CPQ, and order automation.
“Other solutions require excessive integrations and manual interventions to accomplish what BluIQ does natively,” added Yaghmour. “By delivering a fully automated renewal and revenue optimization engine, BluIQ sets a new industry standard for contract management.”
