Advanced Revenue Management

A complete solution for companies with recurring billing
and revenue recognition requirements

What is Advanced Revenue Management?

MaxQ’s Advanced Revenue Management is a modular solution designed to meet the needs of companies that manage products and services associated with complex billing and revenue cycles. Perfect for companies that provide subscription plans, membership fees, dues, and license agreements. Advanced Revenue Management can provide automated accounting based on rules you define. You can designate mixed time periods for billing and revenue recognition such as bill annually/recognize monthly, bill quarterly/recognize monthly or any other combination you define.
 
Advanced Revenue Management combines the power of Microsoft Dynamics SL with MaxQ’s fully integrated suite of modules, including Recurring Billing/Revenue Recognition, Document Agent, QVision, and the option of Charge It!. Companies that offer products and services associated with recurring billing face many challenges. Managing billing processes, such as renewal processes, proper billing schedules, and keeping up with the compliance requirements associated with posting recurring revenue, can be overwhelming. With Advanced Revenue Management, companies can better manage recurring billing and revenue cycles.

Core Components

Recurring Billing

A billing system to improve your billing accuracy, revenue flow, and customer service.

Document Agent

Fax and/or email Order Management, Accounts Receivable, Purchasing, and Flexible Billing documents to customers and suppliers.

QVision

An innovative, easy to use, ad-hoc inquiry and reporting tool that provides secure access to your data right from your browser.

Charge It!

The module for automated credit card processing.

Features for Maximum Performance

Creates contracts that will bill until the contract is canceled

Generates contracts automatically to match deferred revenue schedules

Allows for adjustments in billing periods that need to have credit memos instead of invoices created

Renews contracts easily including the combining of multiple contracts into a renewed one; Historical Renewal Tracking also available!

Generates billings by customers, contracts, contract classes or date ranges

Automatically alerts end user when billing process is complete

External contract interface for full integration with web sites and external systems

Flexible invoice scheduling (daily, monthly, bi-monthly, etc) or user-defined calendars

Financial Management

  • Automate and streamline the processing of recurring billing/invoicing and revenue recognition
  • 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 credit card processing
  • Integrated web-based reports and analysis of recurring billing and associated revenue
  • Automated distribution of electronic documents from Microsoft Dynamics SL
  • Establish flexible billing schedules separate from revenue recognition rules, to enable compliant, customer-specific requirements
  • 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
  • Maximize contract renewal revenue with automated scheduling and management of renewal activities

A great solution for companies that offer:

Advanced Revenue Management

With ARM, companies can better manage recurring billing and revenue cycles. Our comprehensive business solution combines the power of Microsoft Dynamics SL with MaxQ-developed solutions to help companies improve profitability, efficiency, productivity, and customer satisfaction while helping them to quickly adapt to changing business conditions.

Contact Us Today

If you have any questions, please contact us today.