Billable is the latest software module in an overall data quality platform that Gradient is developing for MSPs.
Gradient was founded by CEO Colin Knox. The MSP industry entrepreneur previously launched, built and sold a successful Canadian MSP along with Passportal, a password management software tool that N-able now owns.
Billable for MSPs: Colin Knox Explains the Business Case
Explaining the business case for Billable, Knox tells ChannelE2E:
- MSPs currently spend 10+ hours each month reviewing unit counts across all their clients and vendor partners, then manually update/reconcile those count adjustments to the client contracts in their PSA (professional services automation) software.
- The manual, labor-intensive process must be done before MSPs can bill their clients.
- Automating the process is difficult for the MSP industry, since there are now so many different PSAs supporting so many reseller partners.
- To mitigate the challenge and automate the Billable process, Gradient allows any vendor to connect through Gradient agnostically to any of the most popular PSAs.
Gradient expects to release the Billable module in November 2021. To do so, the company is "asking MSPs to share what their resale stack is with Gradient, so we can connect with the most impactful vendors first," Knox says.
Gradient Business Launch, MSP Software Focus
Billable is the latest module in Gradient's overall MSP software platform build-out.
Gradient's first move, disclosed in June 2021, involves developing a “data hygiene solution” that enables MSPs to make better business decisions by “generating and optimizing granular, clean and actionable data derived from the tools they use to manage their business. Once set up, the software sifts through the core records in the PSA and analyzes them, identifying any dirty records that are distorting the true view of the business,” the company says.