Expedite financial transactions, accelerate financial close and ensure compliance with Oracle | NetSuite solutions from InnoVergent
The Oracle | NetSuite unified billing framework supports transaction, subscription, usage-based and any hybrid model, all while managing revenue accurately and in accordance with the latest revenue recognition standards. You get unparalleled control and flexibility over billing and revenue management processes, including critical transparency to all billing activities. InnoVergent can help ensure your Oracle | NetSuite billing management functionality improves accuracy, eliminates billing errors, and strengthens revenue recognition processes.
What are the Key Benefits of
Oracle | NetSuite Billing
- Consolidated invoices including one-time, project-based and subscription charges.
- Scheduled changes for pricing and subscriptions with effective dates and pro-rating.
- Multi-currency flexibility for subscriptions.
- Real-time reporting including audit logs and change tracking.
- Flexible generic and customer specific subscriptions with volume, tiered and flat pricing models.
Oracle | NetSuite from InnoVergent can help you streamline billing operations and obtain real-time visibility into billing and financial activity.
Pricing Models: Different pricing models give you the ability to bill your customers in a variety of ways, ranging from a simple flat rate each billing cycle to complex volume or tiered scenarios.
Rating Models: Benefit from the flexibility to have invoice charges represented as either one-time, in-advance or in-arrears in one customer subscription. This functionality gives you the ease of use to setup and maintain subscriptions, increasing efficiency, while supporting flexible rating models for billing processes.
Change Orders: Schedule and automate changes to subscriptions, eliminating the need to manually monitor and track customer subscriptions changes. Change orders provide the ability to schedule an immediate or future dated change to pricing and/or quantities on subscriptions.
Customer Specific Pricing and Discounting: Create both common pricing templates and customized scenarios to support customer specific deal negotiations and contracts.
Reporting: Real-time reporting provides quick and easy insight into common billing and financial data including audit and change tracking, monthly recurring revenue, total contract value and customer churn.
AVOID PAYMENT DELAYS, SPEED CASH FLOW
AND BUILD CLIENT TRUST