Advanced Revenue Management
Complete Subscription Billing
Advanced Revenue Management from MaxQ gives you the flexibility and control you need to effectively manage contract life cycles with a single point of data entry. Streamlined contract management features enable quick and easy setup of customer billing cycles, revenue recognition cycles, and renewal processes. Revenue and revenue recognition schedules are automatically generated and consolidated to accurately book revenue in the right accounting period and according to the proper rules set by your accounting procedures. The system also provides the ability to easily recognize revenue based on percentage complete by project or contract.
Automated processing of recurring billing, payments and collections improving business performance
A complete automated revenue management system designed to handle even the most complex billing needs
Automated advanced payment processing
Adds credit card, EFT/ACH payments with automatic support for dunning notices, collections and other payment notifications
Powerful reporting, analytics and business discovery tools for rapid and superior business decisions
Powerful analytics, reports and KPIs to manage your business
Powerful for All Recurring Billing and Payment Needs
Learn More about Advanced Revenue Management for Acumatica:
Complete Subscription Billing With All the Features You Need
Choice of Contract Types
- Term – Any period such as weekly, monthly, quarterly etc.
- Perpetual (Bill until canceled)
- For any combination usage-based tangible and intangible items (hours, warranties, licenses, SAAS, Maintenance) items.
- Trials, deposits, Pre-Bill, Post Bill, Bundles
Maintain Subscription Agreements
- Upsell, Cross Sell, Add on, Rewrite, Renew Any Time
- Flexible rules let you rewrite the contract and change virtually any aspect of the subscription agreement including customer.
Contract Pricing
- Complex multi-tier pricing
- Promotions with effective date pricing
- Customer price classes
- Use unlimited combinations of one-time, recurring and usage-based pricing
Trial Periods
- Easily setup trials of any duration and at any prices
- Subscriptions can be set to automatically start billing at trial end or wait for an user acceptance event to take place
Quick Contract New Customers
- Create new customer
- Create Address
- Create customer payments types
- Explode Bundles
- Create contracts
- Create Invoices
- Web Service Interface to make it easy to integrate to outside systems
Quick Contract Renewal Processing
- Automatic and Manual renewals – set by contract
- Tracking
- Trace renewals all the way to the original contract
- Calculates renewal percentages
- Non-renewal reason codes and statistics
- Flexible Renewal Pricing
- Contract Price
- Renewal Price
- Percent Change
- Multi-element Changes
- Renewal Terms