Key Features

• Product Catalog: Price and package items quickly and efficiently. If a change needs to be made to pricing or packaging, alterations can be done without any re-coding in the backend. Contains more than 40 charge models, including per-unit pricing, flat-fee pricing and volume pricing. When and how clients are billed can also be altered. 
• Subscription Order Management: Visualize customers’ subscription information such as the plan that they’re on, when they signed up, when their last payment was, and if they’ve upgraded or paused their subscription. Can also handle complex orders such as multi-year ramp deals while also providing visualization of key metrics. Especially beneficial for companies that have subscription-based business models. 
• Rating and Billing: Rates charges in real time, whether they are recurring or ad hoc. The Rating Engine can automatically calculate prorations to ensure that invoices are always accurate. Notifications can also be enabled in the solution to help customers avoid any overage. 
• Global Payments: Supports payment in more than 180 currencies, making financial management easier for international businesses. Contains FX conversion rates and gain-loss reporting capabilities. Has more than 30 pre-integrated payment gateways and supports more than 20 payment methods through its Global Payment Engine. 
• Key Subscription Metrics: Access metrics for relevant items such as billings, cash, key orders and revenue through its Subscription Metrics Engine. Offers Total Contracted Billing (TCB), Monthly Recurring Revenue (MRR) and Total Contracted Value (TCV) information. Contains a pre-built report library with more than 40 included reports, automated report runs and drag-and-drop fields to develop custom reports. 
• Subscription Accounting: Map accounting periods and chart of accounts to the general ledger. Offers summary-level and transaction-level integration. Helps to ensure that compliance requirements are met by providing application control capabilities, audit trails and annual SOC certifications. 
• Configuration: Assist sales reps in closing complex deals faster. Create quotes for new subscriptions, lengthen contracts and transfer ownership on one screen. Leverage a fully configurable rules engine, multi-year arrangements and bundling of notable features. 
• Price Optimization: Cater to diverse customers through flexible pricing options based on their preferences. Optimize pricing with multiple one-offs, recurring or usage-based variations. Create in-app price plans and offer catalogs for monthly, annual or promotional pricing. 
• Bookings: Forecast bookings in real time, track billed and unbilled revenue, and measure cash flow dynamics. Reflect upgrades like new subscriptions and non-churns by measuring sales performance accurately. 
• AI: Increase subscriptions and minimize passive churn accounts with AI retry schedules. Allows flexible payment options and automates dunning workflows to reduce outstanding invoices. 
• Analytics: Monitor KPIs through the interactive, self-service dashboard, configurable with a drag-and-drop option. Teams can gain actionable insights and discover hidden trends, analyzing business impact based on time, products, locations and more. 

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