Accelerate your quote to cash by using a Sage Intacct flexible, contract-based financial solution to manage and automate billing, revenue recognition, forecasting, and SaaS metrics. With a single system of record natively integrated to Salesforce, you’ll save time calculating, reconciling, and aggregating data. As a result, you’ll be able to bill faster to turn sales into cash regardless of your business model.
Accelerate quote to cash by 30%
Don’t let billing complexity stand in the way of adopting new pricing models that can grow your business. Eliminate manual calculations with built-in fixed price, usage-based, and tiered pricing and billing. With automated pricing models and billing templates that match your business, you can “set it and forget it.” You get bills out faster, decrease days sales outstanding, and free up cash to grow your business.
Manage the customer lifecycle
By driving your billing, revenue, and financials from a single source—the contract—you can manage a single revenue stream and automatically recognize revenue throughout the customer life cycle. Contract changes, including renewals, upsells, down sells, and holds, drive automatic updates to revenue recognition, billing, and your financials so that they are aligned.
You save time, eliminate errors, and reduce confusion.
Stay up to date on your financial relationship with the customer
Real-time, bi-directional synchronisation between Salesforce and your financials allow you to maintain templates and schedules in your financial solution while maintaining customers, contracts, changes, and renewals in Salesforce.
Billing and payments are easily visible to salespeople all in one place—the contract. Everyone stays up to date with your customers’ financial relationship to provide a more consistent customer experience.
Forecast and get SaaS metrics in real time
When everything you need to forecast is in one place and derived from the contract master and schedules, it’s easy to automate forecasting and seeing cash, revenue, and billing throughout the lifecycle. Skip the spreadsheets and get real-time forecasts and SaaS metrics, including economic unit, to inform your decisions.
Automate subscription billing
Flexible pricing models
• Fixed price
• Usage pricing
• Tiered pricing
• Price per thousand
• Discount tiers
• Minimum flat fees
• Included units
• Overages
• Customer specific
Consolidated billing
• Aggregate fixed-price, usage-based, and project-based billing into one invoice Billing approaches
• One-time • In advance
• In arrears
• Every invoice
Billing and renewals automation
• Automated billing schedules—monthly, annually, custom, non-linear
• Bill by customer group
• Automatic renewals
• Copy existing contracts
• Contract change automation and scheduling
• Process in multiple currencies
Seamless quote to cash
• Native Salesforce integration
• Drive downstream revenue recognition, including multielement arrangements and fair pricing requirements
• Sales visibility into invoices and payments • Maintain renewals and changes in Salesforce
• Maintain accounting treatment in Sage Intacct
Seamless general ledger posting
• Automatically generate posts to the GL
• Easy drill-down and investigation from GL into the subledger
• Slice and dice data by dimensions
• Maintain compliance with audit trails and compliance checklist
Insights
• All billing, revenue, and expense in one place
• Forecast billing, payments, and revenue across deferred and accrued revenue
• Unified reporting on billing and accounting
• Board-ready insights, including churn, CLV, CMRR, cash, CAC, and economic unit
Real-time tax
• Exclusive tax
Contact us at Akuna Solutions and explore with a Sage Intacct implementation specialist how to leverage the most modern technology available today to support your organisation’s mission.
Photo by Austin Distel on Unsplash