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Prospective Business Engine

Look into the future with meticulous magic

A superior technological foundation for subscription operations and business intelligence.

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Benefits

Operate your business in the future tense

keylight's Prospective Business Engine empowers your teams to proactively shape future business outcomes that continuously evolve with time and new requirements.

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Enhance strategy clarity

See how customer journeys will evolve and how your strategies, policies and rules affect future business processes and revenue, all in one unified platform.

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Reduce operational cost

Let users interact with prospective events before they occur, streamlining processes and preventing errors ahead of time, without the need for retrospective corrections.

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Unlock a new dimension of competitive edge

Leverage the Prospective Business Engine for continuous forecasting and gain full clarity in all future operational processes. Explore your business's potential with a powerful technology foundation.

Prospective Business Engine

Key enabling areas

Access a future with truly actionable insights that are vital for strategies and daily operations.
 

Gruppe 158139   Vision

Look into the future
with prospective events

Future subscription events within the continuous customer journey are fully accessible as past and present events.

Gruppe 158141   Stage

Analyze future insights
for proactive decisions

Statistics that take the future into account allow users to analyze the full picture and anticipate the outcomes of strategies and operational adjustments.

Gruppe 158144   Interact

Shape the future
with tangible actions

Business futures are interactional at all times. Users can act on insights via expressive rules and intuitive UIs, with unparalleled speed in one seamless platform.

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Prospective Business Engine

How it works

A powerful business system that responds to the past, present,
and future of your subscription operations.

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Gruppe 167335-1

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Watch the recorded demo of the Prospective Business Engine,
premiered live at our annual virtual event.

Prospective Business Engine

Key components in comparison

Explore how prospective events enable your business operations to meet the evolving
challenges of time, dynamic customer journeys, and market changes.

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Events

info2User interactions captured by subscription technology are the foundation of data analytics and deriving actionable insights

keylight
Prospective events are created at the time of customer conversion. They are dynamically updated based on evolving customer, business and configuration data such as rules and scheduled changes in keylight.

 

vs

 

Conventional platforms
There are no prospective events available. Scheduled batch jobs are used for invoice generation or payment collection. This data is static and often lacks customer journey and business context for users to see the full picture.

 

Batch Jobs

Data Sources

info2The sources from which events are collected play a crucial role in delivering insights to user groups in a structured and non-siloed manner

keylight
Subscription events are systematically collected throughout the entire customer journey, from commerce and billing to payments and revenue analytics, in a unified format within keylight.

 

vs

 

Conventional platforms
Only transactional events from billing processes are collected. Customer journey data and other critical business information is often lost due to complex integrations with multiple platforms.

 

Types

Insights

info2Valuable insights derived from analyzing events from various data sources, focused specifically on user needs and behaviors

keylight
Prospective events are transcribed into conversational insights, providing each team with a comprehensive context to take action before they happen.

 

vs

 

Conventional platforms
Forecasting is restricted to a local preview of batch jobs. As a result, business operations are constantly catching up to the present state of affairs, making users reactive rather than proactive in responding to business outcomes.

 

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Actions

info2Configurable changes users can make in the subscription platform, informed by insights derived from data

keylight
Users gain proactive control over business processes tied to future events. keylight is fully rule-based, allowing users to configure competent automation within a single, powerful platform.

 

vs

 

Conventional platforms
Users lack control over future events and their impact, and must make operational adjustments retrospectively. They rely on manual efforts dispersed across multiple platforms or engineering resources.

 

FAQs

Activate the future

Everything you need to know to get started with our Prospective Business Engine.

 

Differences from regular data analytics

arrow4How is the Prospective Business Engine different from the regular data analytics capability in my subscription billing platform?

The Prospective Business Engine enables business users to make proactive decisions based on prospective events, seamlessly acting on them in a timely manner. It uses end-to-end data and offers businesses great contextual insights into the future and operational efficiency of strategies.

Conventional data analytics provide a retrospective overview and short-lived forecasting capability. These insights often lack sufficient context on the customer journey, and business users are therefore left to hypothesize and strategize based solely on past transactional events.

Difference between Prospective Events and scheduled jobs

arrow4What is the difference between prospective events and scheduled events?

Prospective events are genuine events that live in keylight before they are executed. They are dynamically updated based on customer subscription data, automation rules and additional user interactions.

Data generated by scheduled jobs is not present in the business system and can't be analyzed until those jobs are executed. This data provides information on basic batch actions, but users cannot access the business outcome until these events are carried out.

Prospective Business Engine and AI

arrow4Does the prospective business engine use generative AI?

No. The Prospective Business Engine relies on advanced mathematical methods to quantify and consolidate abstract data into insights that accurately depict both past performance and future projections, allowing businesses to respond to complex subscription activities at any given time.

That said, AI has made a lot of progress in recent years, and we have additional exciting applications in the pipeline to continue enhancing our platform.

Purchase conditions

arrow4Can I purchase the prospective business engine on its own to enrich my subscription tech stack?

No, the Prospective Business Engine requires end-to-end subscription customer data and rules to project the most accurate future. Therefore, it is embedded into the keylight platform so it can operate seamlessly with events collected throughout the customer journey.

Applications supported by the Prospective Business Engine

arrow4Are there other application areas for the Prospective Business Engine in my business?

Yes. With advanced mathematical models and end-to-end customer subscription and business data, the Prospective Business Engine opens the door to simulated futures for strategies in all areas of business.

Prospective Business Engine for keylight customers

arrow4I'm already a keylight customer. Do I need to purchase the prospective business engine separately?

No, you don’t need to make any additional purchases or upgrades. You’ll have full access to this functionality as soon as it’s released.

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The subscription business platform
that's ready for the future