The Contract Is the Source of Truth
Blog post from Stigg
Stigg has expanded its platform through the acquisition of Received.ai to connect real-time product entitlements, usage metering, credits, governance, contract management, and invoicing around a single commercial contract object. The approach is intended to reduce discrepancies that arise when sales-led enterprise agreements, including custom limits, commitments, pricing exceptions, amendments, and prorations, must be independently configured across product and billing systems. Under the model, contract terms determine both what customers can access and consume and how their usage is charged, while maintaining a historical record of contractual changes. Stigg supports formula-based pricing, consolidated invoices, traceable invoice line items, and integrations with existing billing systems such as Stripe, NetSuite, Airwallex, and Checkout.com, while also offering an end-to-end option for companies without an established billing stack. Contract management and invoicing are currently in public beta, led in part by Received.ai founder Shai Betito, with broader availability planned through 2026.
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