Subscription Billing Management solution for automating recurring and subscription billing processes within NetSuite. Features include subscription billing, one-time billing, recurring billing, flexible billing schedules, pro-rata calculation, and easy reporting. Supports subscription upgrades, downgrades, renewals, and terminations.
Features
Subscription Billing
Automates the generation and management of subscription billing, ensuring that customers are charged accurately based on the subscription plans they are enrolled in. Supports various subscription models and ensures secure and timely invoicing.
One-Time Billing
Supports one-off charges in addition to recurring billing, allowing you to bill customers for unique products or services outside of their standard subscription.
Recurring Billing
Automates the process of generating and sending recurring invoices for ongoing services, ensuring accurate billing at set intervals like daily, weekly, bi-weekly, monthly, bi-monthly, quarterly, and yearly billing.
Flexible Billing Schedules
Allows businesses to set up and manage billing schedules for subscriptions and other nonstandard transactions, ensuring invoices are generated at the right intervals, whether monthly, quarterly, yearly, etc.
In Advance/In Arrears Billing
Offers the flexibility to bill customers either in advance for future services or in arrears after services have been provided, depending on your business model.
Pro-Rata Calculation
Automatically calculates prorated charges for partial periods of service, ensuring customers are billed accurately for the time they used the service, regardless of when they start or stop.
Subscription Upgrade
Provides seamless options for customers to upgrade their subscriptions, adjusting the billing accordingly to ensure accurate reflection of changes in services or pricing.
Subscription Downgrade
Facilitates downgrades in subscriptions without disrupting the billing cycle, syncing invoicing and services to reflect the new plan details.
Subscription Renew
Allows for subscription renewals, ensuring that recurring customers are billed on time. It prevents service interruptions by renewing subscriptions before expiry.
Subscription Termination
Manages subscription terminations, ensuring that customers are billed accurately for their services used until the termination date.
Easy Reporting
Utilizes NetSuite's powerful reporting tools, custom dashboards, and smart searches to view information and manage your subscription portfolio with ease. These reports aid in analyzing subscription performances and financial health.
Budget Management and Reporting
Enables easy input and management of budgets on a single screen, including comparing budgets vs. actuals with adjustments, and importing budgets from Excel or CSV.
Expense Allocations
Allows for the efficient allocation of expenses to specific departments or projects, streamlining financial tracking and reporting.
Amortization Schedules
Helps in automating the creation and tracking of amortization schedules, ensuring compliance and accuracy in reporting.
Statistical Accounts
Enables the setting up and reporting of statistical accounts to get deeper insights into non-financial metrics that affect business performance.
NetSuite Implementation
Provides expert guidance through the NetSuite Cloud ERP deployment process tailored to specific business needs.
Custom Development
Offers custom enhancement solutions to tailor the NetSuite platform to fit unique financial management processes.
Support Services
Offers reliable support through various channels such as online meetings, email, and chat for any NetSuite related queries.
Training Resources
Supplies comprehensive training materials, online sessions, and user manuals to facilitate mastery of the NetSuite platform.
Dedicated Resources
Provides professional assistance from a dedicated expert ensuring success in NetSuite implementation and utilization.
Real-Time Inventory Tracking
Ensures accurate inventory counts with real-time tracking and automated updates across multiple locations, including warehouses, retail stores, and distribution centers.
Multi-Location Management
Manage inventory across various locations from a single platform. Whether it’s multiple warehouses or retail outlets, you can ensure that your products are where they need to be, when they need to be there.
Automated Replenishment
Automates reorder points and restocking processes to prevent stockouts and overstock situations, helping maintain optimal inventory levels based on real-time demand.
Advanced Capabilities
Includes functionalities like multi-location management, demand planning, and lot and serial tracking to optimize stock levels, reduce carrying costs, and improve order fulfillment.
Real-Time Visibility
Provides organization-wide insights into inventory across all locations, allowing you to monitor stock levels, manage orders, and make informed decisions with up-to-date information.
Real-Time Work Order Tracking
Track and manage work orders as they progress through various stages of production in real-time. This feature allows you to quickly identify and address any potential issues before they impact your production schedule, ensuring on-time delivery and minimizing downtime.
Detailed Instructions Generation
Generate work orders with precise instructions, ensuring that production teams have all the information they need to complete tasks accurately and efficiently. This reduces errors and enhances productivity.
Cost Control
Monitor and control costs associated with each work order, including labor, materials, and overhead. This feature helps in maintaining profitability by providing insights into where cost savings can be made.
360-Degree Customer View
Centralize all customer data in a single platform, including contact information, transaction history, communication logs, and more, to better understand and respond to customer needs.
Seamless Integration with ERP
Integrates with NetSuite ERP to streamline operations across sales, marketing, customer service, and finance, allowing for real-time data access and improved collaboration.
Real-Time Analytics and Reporting
Provides robust reporting and analytical capabilities to give up-to-date knowledge on sales funnel, clientele, and campaign effectiveness.
Lead Tracking
Tracks leads from multiple sources like web forms, emails, and social media, and distributes them to sales teams in real-time.
Opportunity Management
Manages sales opportunities through every stage of the sales cycle with tools to track progress, forecast revenue, and prioritize deals.
Pipeline Management
Provides customizable dashboards to display key metrics and helps identify bottlenecks to improve sales performance.