Billing and Subscription Management
Subscribe. Bill. Manage. All on One Platform
- Automatic invoicing for more accurate & efficient billing as invoices are driven based on assets ordered, so any changes to assets owned are automatically computed on the next invoicing run which reduces revenue leakage.
- Subscription Renewal Optimization for growing recurring revenue from existing customers, improving customer retention and eliminating renewal errors with asset-based ordering and mass renewal management capabilities. Apttus automatically generates renewal opportunities with up-sell and crosssell insights and visibility into contract commitments, expirations and negotiated pricing.
- Billing flexibility for billing for full orders, partial orders, or pending orders. You’ll also be able to activate orders per line-item and bill per detailed line-items or roll-up to a bundle and you can automatically adjust invoice schedules based on up-grades, down-grades, swaps, add-ons.
From start to finish, Apttus manages the entire Quote-to-Cash process. And unlike other standalone billing systems, Apttus is always in sync with your customer orders, agreements and assets, so you’ll get fewer errors, faster payment and happier customers.
Benefits of Billing and Subscription Management
Automated Billing for Any Business Model
Traditionally, billing information lived in the ERP system, but in order to provide flexibility to the sales team, billing needs to be managed in the front office. So if there are any changes, swaps, deletes, and additions to the order you’ll be able to manage those complexities as they happen and process invoices that both you and your customer can agree on. And to grow your business, you need the unlimited flexibility to offer blended business models of physical goods, services, one-time fees, subscriptions, and professional services. At the end of the day, the goal for effective automated billing is to generate an accurate and easy-to-understand invoice.
Direct Integration with your Quotes and Contracts
Create customer friendly quotes and contracts using Apttus Configure Price Quote (CPQ) and Contract Lifecycle Management (CLM), then leverage the same data model and information to manage subscriptions, generate invoices and collect payments.
Centralized Financial Data
Gain business agility when all your contracts and invoices are in one central place— eliminating integration issues and increasing visibility and payment turnarounds.
Improved Operational Efficiency
Leverage your CRM and ERP investments by automatically generating invoices for any type of service or product, without manual intervention.
Support for All Sales Channels
Improve retention and responsiveness when customers, partners and resellers get accurate invoices that are tied directly to their latest orders, contracts and assets.
Flexible Invoicing and Billing
Produce more ways to increase your revenue with highly configurable options to bill and present invoices.
360 Degree Financial View
Increase visibility in how much you owe and how much you get paid with all your financial and asset data in one place—giving a 360 degree view of all billing, payments and financial history.