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360 Subscription Billing

Status: Unverified

Supercharge your recurring revenue management with 360 Subscription Billing, a Built for NetSuite Native SuiteApp that automates recurring and subscription management and billing processes—end-to-end. If your subscription-based company is ready to embrace NetSuite along with Salesforce CRM/CPQ – then 360 Subscription Billing can quickly align and integrate them for you!

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Description

Supercharge Your Sales to Cash Process by Automating Recurring Billing, Payments & Contract Renewals.

Your sales team focuses on winning contracts — 360 Subscription Billing helps you manage them and automate related recurring NetSuite transactions. This makes managing subscriptions easier than ever and supports a wide variety of contract scenarios, allowing you to serve your customers without the limits of other solutions.

360 Subscription Billing automates recurring invoices, electronic payments, credit memos, renewals and other recurring transactions directly within NetSuite.  It also provides SOX-compliant tools for temporary price adjustments, subscription changes, usage charges, revenue synchronization, site, asset, & device tracking, and more.

As a Native SuiteApp, 360 Subscription Billing lets you manage the subscription lifecycle directly from NetSuite transactions—opportunities, estimates, sales orders, fulfillments, invoices, credits, payments, and revenue. Seamless automation of recurring CRM- and ERP-based transactions, easily integrated with external systems, and the ability to process subscription and non-subscription items on the same transactions makes 360 Subscription Billing the best choice for a growing business.

Key Benefits

  • Works alongside native NetSuite sales transactions, letting you start and stay in NetSuite
  • Flexible, scalable, and automated recurring billing, escalations, and renewals
  •  Automates the Highest-volume Invoice & Payment Creation
  • Automated Invoice and Contract Renewal Emails to Multiple Contacts
  • Allows transaction line-level addresses/tax for consolidated orders and invoices
  • Easy to modify pricing for offers, upsells, down-sells, and cross-sells
  • Works natively with Advanced Revenue Management
  • Tracks Devices, Assets and Site records related to Contracts & Subscriptions
  • Prebuilt Salesforce App & Connector, Celigo Connector, and VersaPay for easy integrations

Customer Quote

360 Cloud Apps’ Subscription Billing product was built to be flexible which has allowed our team to adjust configurations ourselves as our business grows to support new use cases.

– Lee Patterson, Manager Business Operations

Get a Head Start on Your Subscription Sales to Cash Process

As a Native SuiteApp, 360 Subscription Billing lets you manage the subscription lifecycle directly from NetSuite transactions—opportunities, estimates, sales orders, fulfillments, invoices, credits, payments, and revenue. Seamless automation of recurring CRM- and ERP-based transactions, easily integrated with external systems, and the ability to process subscription and non-subscription items on the same transactions makes 360 Subscription Billing the best choice for a growing business.

How’s that for convenience?

FEATURES

NetSuite Subscription Billing Made Easier

Flexible Billing Terms

Your customer’s wish is your command with flexible contract start dates, billing dates, and end dates. For easier back-end management, 360 Subscription Billing also allows you to co-term subscription end dates.

Consolidate, Sum/Group or Split Invoices

Provide invoices the way your customers want them. Consolidated on one invoice or split out to different entities—360 Subscription Billing lets you configure this contract-by-contract.

Automated Communications

Keep your customers in the know. Designate which contacts should receive recurring invoices and notifications via email and 360 Subscription Billing does the rest!

High Volume Processing

Don’t let same-day invoicing and payment processing slow you down. 360 Subscription Billing can process over 300,000 records in a single execution.

Business Intelligence

Leverage integrated NetSuite reports to access data, analytics, and KPIs around subscriptions, customers, and revenue. 360 Subscription Billing puts the data you need to make smarter and more informed decisions right at your fingertips.

Report, Manage, & Automate

Easy & Compliant Subscription Changes

Change is easy with 360 Subscription Billing. Whether an annual CPI rate increase, a temporary promotion, or an upsell to increase MRR/ARR, 360 Subscription Billing provides tools to get changes entered and automated—quickly.

Easy Renewals

Automated renewals with 360 Subscription Billing help to increase retention, sustain revenue, and reduce manual administrative labor. Your Sales & Account Management teams can proactively seek approval for additional contract terms to avoid billing interruptions.

Fulfillment-driven Terms

Ensure customers get what they pay for. Integrated with NetSuite item fulfillments, 360 Subscription Billing can automatically set the contract term so that billing begins only once product or service fulfillment has occurred.

Usage Charges & Rating

Include subscription-related usage charges with your contracts and invoices. 360 Subscription Billing provides usage rating by contract to calculate the amount to invoice across quantity tiers.

There’s More to Love

Device, Site, & Asset Tracking

Designed with smart device, SaaS, and managed services companies in mind. Track customer-specific data throughout the subscription lifecycle and provide invoicing detail, provisioning or support linkage, warranty/return claim references, and more!

Automated Revenue Recognition

360 Subscription Billing integrates seamlessly with NetSuite’s Revenue Recognition and Advanced Revenue Management modules, meaning no more wasting time synchronizing accounting processes.

Electronic Payments

Automate electronic payments for your subscription invoices to ensure your process is transparent, easy, secure, and compliant—all within NetSuite.