AcumatiCaresEasily handle recurring billing and maximize revenue opportunities through improved cash flow, billing accuracy, and superior customer service.
Product
Recurring Revenue Management
How Recurring Revenue Management Solution can work for you
Recurring revenue is revenue a company expects to receive on a consistent, predictable basis. Examples of recurring revenue include long-term contracts, service retainers, and auto-renewing subscriptions. To effectively manage recurring revenue, you need real-time visibility, easily configured contracts, and the ability to efficiently apply—and modify—your billing.
With Acumatica’s automated recurring billing, you can custom-fit your billing models to meet the requirements of your business. Enjoy the flexibility to adapt as your business grows and your billing needs change while improving your cash flow, billing accuracy, and customer service.
Key Benefits of Recurring Revenue Management for your Company
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Automate the billing process
Automate recurring billing, payments, and collections to significantly improve business performance.
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Offer billing flexibility
Apply billing and revenue recognition schedules by month, quarter, or yearly as well as customized time-periods, even mixed on the same contract.
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Fuel business growth
Appeal to a broader customer base with pricing and subscription plans that align to a variety of business requirements.
Important Features of Recurring Revenue Management
Manage complexity
Flexible pricing models accommodate software licenses, subscriptions, maintenance agreements, bundled items, SaaS, and complex discount arrangements.
Change billing contracts
Modify, rewrite, and cancel billing contracts and revenue recognition schedules already in progress.
Renewals
Drive contract renewal revenue with automated scheduling and management of renewal activities.
Utilize templates
Set up revenue billing rules for different products and services including automated billing, revenue recognition and allocation.
Accurate Billing
Rules and templates ensure accurate billing and improved revenue flow, customer service and satisfaction.
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