Recurring Billing Logic That Map
Bill yearly, monthly or for any period — even days. Charge your customers based on usage, if your pricing strategy asks for it. Choose to renew billing cycles based on the date customers signed up on, or bill all customers on a specific date. You can even have customized billing dates for each customer. And of course, there’s auto-calculating prorations for upgrades & downgrades, and even rules for how you’d like to handle cancellation.
Special Invoice Operations
Send Invoices That Fit
Any Recurring Billing Scenario
You never know what demands customers might make until they make them. Give them the option to bring all their charges across multiple subscriptions, add-ons and more into a single invoice, on a single date with Consolidated Invoices. Offer Net-D to give them a payment grace period that suits their procurement and approval process. And if they’d prefer paying a bulk fee upfront, just send them an Advance Invoice for the amount and everybody’s happy.
Enable a Frictionless Quote to Cash Process
Avoid the mess associated with creating and then voiding dummy invoices - send Proforma invoices that customers can approve to take the deal forward. Provide full transparency into all the charges customers are subscribing to and reduce opportunities for buyer’s remorse. If your customers need more time to decide, you can always extend the quote without having to create a new one. Efficient, clean, and one less heartache for the finance team.
Tax Compliant Invoices
Manage Recurring Invoices
Invoice customers - for offline or online payments - with detailed line items, tax details, and a customized look-and-feel. Get the ability to perform invoice level operations such as voiding invoices, applying credits or recording partial payments without hassle. Make payment collections easier by including “Pay Now” links and have the option to collect all unpaid invoices in one click, right within the invoice.
Structure Customer Accounts as
Your customer org charts can begin to look really complex. Tame those complex-looking hierarchies down into simple parent-child relationships, and define payment and invoicing responsibilities within them. Get reports that let you view the key subscription revenue metrics contribution of one holistic account as opposed to several smaller accounts.