Companies that offer products and services associated with recurring billing face many challenges when it comes to managing billing processes. Managing the renewal process, ensuring customers are billed properly with varying billing schedules, and keeping up with the compliance requirements associated with posting recurring revenue can be overwhelming.
MaxQ has solved this problem with Advanced Revenue Management, a complete solution designed to help companies better manage recurring billing and revenue cycles. Our comprehensive business solution combines the power of Microsoft Dynamics SL with MaxQ-developed solutions to to help companies improve profitability, efficiency, productivity and customer satisfaction while helping them to quickly adapt to changing business conditions.
- Streamline processing of recurring billing and revenue recognition
- Automated processing of recurring billing/invocing
- Compare forecasts with budgets and expenses
- Improve cash flow
- Automated processing of deferred and recognized revenue
- Apply billing and revenue recognition schedules by month, quarter, or year as well as customized time-periods
- Integrated web-based reports and analysis of recurring billing and associated revenue
- Automated distribution of electronic documents from Microsoft Dynamics SL
- Integrated credit card processing
- Establish flexible billing schedules separate from revenue recognition rules, to enable compliant, customer-specific requirements.
- Maximize contract renewal revenue with automated scheduling and management of renewal activities
- Easily manage complex product and pricing models: software licenses, recurring subscriptions, maintenance agreements, bundled items, and complex discount arrangements.
- Easily process subsequent modifications with the ability to pause, resume, modify and cancel billing contracts and/or revenue recognition schedules already in progress.
Advanced Revenue Management
A great solution for companies that offer:
- Business Services
- Capital Equipment
- Financial Services
- Health Facilities and Clubs
- Real Estate
- SAAS Companies
- Software Publishing
- Subscription-based Products or Services