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NetSuite SuiteBilling

An advanced cloud-based billing solution to synchronise and automate your complex processes - from order billing and recurring subscriptions to revenue recognition.
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Make the move to a subscription model

Automate and streamline subscription-based billing with NetSuite’s adaptable and all-encompassing solution. With NetSuite SuiteBilling you can easily manage the entire lifecycle of billing and subscriptions - modify subscriptions and prorate billing, consolidate multiple charges on a single invoice, and auto-generate renewal invoices to improve retention.

NetSuite SuiteBilling product features

Consolidated invoicing

Support your comprehensive billing structure by consolidating various types of invoice charges within a single customer subscription including one-time, in-advance and in-arrears charges.

Flexible pricing & packaging

Tailor your pricing models to meet market demands and customer preferences knowing NetSuite SuiteBilling can accommodate flat, volume and tiered models, plus multiple currencies.

Individual pricing & discounting

Manage unique pricing arrangements tailored to individual customers with pricing templates, customisation for specific deals, contract-specific agreements and item-specific discounting.

Easy modifications

Make scheduled, automated, immediate and future changes to your customers' subscriptions or modify the pricing, such as rate changes, quantities or prorating – no manual tracking required.

Reporting & insights

Real-time billing and financial data capabilities provide immediate insights into KPIs and essential billing specific metrics alongside with audit and change tracking.

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Grow your subscription-friendly business

  • Engage with customers

    Make billing activities a point of engagement as you build trust and open up opportunities for dialogue about service usage and value.

  • Connected billing

    Your billing data natively integrates with your business financials including revenue recognition, financial reporting and compliance.

  • Simple on both sides

    Simplify the customer’s billing experience and make it easier for your people to efficiently manage and maintain subscriptions.

Speak to the experts

We can guide you to implement NetSuite SuiteBilling, customising and configuring your invoicing processes to ensure clear and consistent billing rules across all customer scenarios.

Contact Annexa
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Frequently asked questions

What is NetSuite SuiteBilling?

NetSuite SuiteBilling is a comprehensive billing solution that seamlessly integrates with NetSuite’s ERP system. It enables businesses to manage their entire billing lifecycle, from creating invoices to recognising revenue, all within a single platform.

How does SuiteBilling handle subscription management?

Robust subscription management capabilities, allow businesses to easily create, modify, and manage subscription plans. It supports various billing frequencies, pricing models, and contract terms, giving businesses the flexibility to tailor subscriptions to their customers’ needs.

Can SuiteBilling accommodate complex pricing structures?

Yes, it’s designed to handle complex pricing structures with ease. It supports tiered pricing, usage-based billing, and discounts, allowing businesses to implement diverse pricing strategies. Additionally, it offers the flexibility to configure pricing rules and discounts based on customer segments or contract term.

How does SuiteBilling ensure accurate billing and revenue recognition?

SuiteBilling automates billing processes and ensures accuracy through built-in validation rules and configurable billing schedules. It also integrates seamlessly with NetSuite’s financial management capabilities, enabling real-time visibility into revenue streams and compliance with accounting standards.

Can SuiteBilling streamline invoicing and payment processes?

Yes. The module streamlines invoicing by consolidating multiple charges onto a single invoice and automating invoice generation and delivery. It also offers flexible payment options, including online payments and automated payment reminders, to improve cash flow management.