Invoicing for “as-a-service” business models
Billing software for today’s innovative pricing models and contracts
Product and price catalog
Model all your product offerings, packaging configurations, and price promotions. Keep synchronized with your CRM.
Recurring and one-time charges
Bill a flat monthly subscription fee or calculate variable fees based upon billable hours, usage, or a percentage of transaction value.
Rating engine
Compute charges based upon metered consumption. Apply overage fees and rollovers. Prepaid credits, free units, and monthly minimums.
Prorated charges
Auto prorate charges for mid-contract changes (upsells and cross-sells) that change products, price, term, or billing schedule.
Taxes & currency
Compute VAT, GST, or sales/use tax for various national, state, and local jurisdictions. Apply currency conversions based upon FX rates.
Invoice generation
Customized invoice designs to match your brand identity. Include subscription and usage details. Show the math behind calculations.
Flexible to support trillions of billing combinations
Contract types
New Order
Upgrade
Downgrade
Renewal
Cancellation
Price promotions
Freemium
Free Trials
Discounts
Free Credits
Ramp Up Pricing
Billing timing
Bimonthly
Monthly
Quarterly
Semi-Annual
Annual
Invoice frequency
First Day
Last Day
Anniversary
Event Triggered
Threshold Driven
Charge types
Discounts
Coupons
Uplifts
Refunds
SLA Credits
Put your billing on auto pilot
Scale revenue and customers without adding FTEs
Move away from spreadsheets and manual processes to automated billing software. Automate:
- Subscriptions with multiple tiers and feature add-ons
- Usage based billing with spend commits or prepaid credits
- Contract changes with mid-month pro-rations
- Consolidated billing and split billing arrangements’
- Revenue sharing and partner commissions
Custom designed invoice templates
Present a branded customer experience for billing
Generate invoices as well as estimates, pro forma invoices, statements, credit memos, and other customer-facing documents.
Custom templates
Match your brand identity by adding your organization’s logos, fonts, and colors.
Calculation formulas
Show the math behind the calculations. Display the formulas, inputs, and rating tables.
Invoice fields
Include PO number(s), contact info, bank payment instructions, marketing promotions, or attention fields.
Billing software designed for subscription and recurring revenue models
Usage-based billing software
For metered consumption.
- Pricing models: Bill for volume, tiered, stair step, and other usage-based billing models.
- Contract structures: Pay-as-you-go, pre-paid credits, monthly minimums, and spend commitments.
- Credit balances: Track pre-paid units. Apply rollovers and expiration rules. Trigger replenishments.
Subscription billing software
For fixed monthly fees.
- Pricing models: Per user per month, multiple tiers, and other value metric models.
- Contract structures: Free trials, freemium, discounts, credits, cash back and waivers.
- Credit balances: Prorate for new line items, price changes, and term extensions.
Designed for customer growth
Pro-ration for mid-contract changes
Automate upgrades, downgrades, cancellations, migrations and reactivations.
Line-item changes
Apply changes to products, prices, discounts, and quantities to invoices at a line-item level.
Contract and end dates
Adjust billing to be co-terminus with existing contract schedule or newly executed contracts.
Prorated calculations
Calculate partial period charges for current, future, or historical billing periods.
Designed for international expansion
Taxes and currency
Trustworthy accurate billing
Avoid invoice disputes that cause friction in customer relationships.
- Match the line-item descriptions word-for-word with customer’s contract
- Display the formulas, inputs, and rating tables used for calculations
- Explain high-dispute charges such as overages, commissions, and uplifts
- Ensure accurate pro-rations for upgrades, renewals, and cancellations
Uplifts, discounts and credits
Apply line item level adjustments
- Uplifts: Schedule price increases for specific calendar dates or contract renewals. Compute markups based upon percentage increases or the current price list.
- Discounts: Apply discounts, promotions, and coupons to specific line items, groups of line items, or the entire bill. Use percentage or absolute dollar amounts.
- Credits and surcharges: Apply refunds, rebates, adjustments, SLA and non-performance credits. Add late fees, termination penalties and other surcharges.
