MANAGE ORDERS
Establish a smooth flow from sales quote to approved order with intelligent workflows that automate approvals, pricing and discounting.
- Automate order validation and quality assurance.
- Establish credit controls.
- Support discount approvals.
- Manage your subscription business.
- Facilitate customer service with a 360-degree view of customers.
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STREAMLINE BILLING
Automate billing across your product, subscription and services revenue streams with the only comprehensive billing solution pre-integrated with core financials.
- Automate the order-to-cash process.
- Generate, transmit and collect invoices.
- Support for billing from multiple revenue streams.
- Sales order billing
- Project billing
- Usage/consumption billing
- Collect key information with real-time access.
- Integration with revenue recognition.
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RECOGNIZE REVENUE
Solve complex revenue recognition challenges with support for current standards and be prepared to comply with evolving rules and guidelines.
- Automate complex revenue recognition.
- Flexible revenue recognition scheduling.
- Comply with existing standards including:
- Revenue arrangements with multiple elements (ASC 605-25).
- Revenue arrangements with multiple elements (ASC 605-25).
- Percentage-of-completion accounting (ASC 605-35).
- Prepare for ASU 2014-09 adoption.
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Business Impact:
- Cost to Serve: Reduce your cost to serve with improved speed and accuracy.
- Revenue Growth Rate: Easily scale order capacity as your business grows.
- Cycle Time: Drive down cycle times by eliminating manual processes.
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Business Impact:
- Cash Conversion: Eliminate billing errors and improve invoice to payment cycle time.
- DSO: Improve DSO/DBO with controls and visibility.
- Revenue Growth: Reduce revenue leakage with a solution that scales rapidly.
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Business Impact:
- Back Office Efficiency: Eliminate spreadsheets and manual work efforts.
- Compliance: Maintain compliance with applicable accounting standards.
- Deferred Revenue: Automate revenue recognition schedules and manage deferred revenue.
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