$3billion of transactions processed by Clifford Thames Central Billing
Another milestone was achieved in August 2009, when the Clifford Thames central billing platform processed $3billion in transactions since its launch. Used by 8 OEMs, the billing platform manages transactions between franchise dealers and over 300 suppliers for products such as tyres, consumables, paint, accessories and so on.
David Riemenschneider, CEO of Clifford Thames, reports 'the billing platform has become an industry standard since it was launched. Its success has derived from providing a win-win-win scenario for dealers, suppliers and OEMs. Clifford Thames provides a black-box solution that enables OEMs to plug in their dealer networks and derive the benefits immediately. The platform is live in 20 markets in Europe as well as further afield in Asia Pacific in countries such as Japan. We have invested heavily in the platform and the rate of growth in transactions has been very encouraging.'
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