NetSuite SuiteBilling
Automate Order-to-Cash and Recurring Billing
Modern businesses find managing global order-to-cash and recurring billing processes challenging across multiple channels and payment modes. Disconnected systems introduce inefficiency in recognizing revenue, invoicing customers, and collecting payments promptly. NetSuite SuiteBilling provides unified cloud automation for the entire monetization lifecycle.
NetSuite SuiteBilling goes beyond basic ERP order processing and billing functionality to optimize monetization workflows, payment collection, and revenue recognition. With flexible subscription management, usage-based billing, and integrated payment processing, businesses can accelerate cash flow while providing excellent customer experiences.
Why Choose NetSuite SuiteBilling?
- Flexible rate plans from simple to complex
- Centralize contract and subscription management
- Automate invoice and billing document creation
- Collect payments instantly across global channels
- Integrated revenue recognition management
- Unified customer data across billing and financials
NetSuite SuiteBilling goes beyond basic ERP to enable complete process automation and visibility when unified across the monetization lifecycle.
Key Capabilities of NetSuite SuiteBilling
Subscriptions
- Catalog and contract configuration
- Installments management
- Usage monitoring
- Automated renewals
Revenue Reconciliation
- Rules engine
- Process automation
- Contract change control
- Accounting Compliance
Invoicing
- Custom document creation
- Complex rate calculation
- Payment application
- Taxation support
Billing Analytics
- Recurring revenue metrics
- Cash flow forecasting
- Customer analysis
- Revenue trend analysis
Payments
- Online payment portal
- Integrated gateways
- Multiple payment modes
- Bank transfer automation
Integration and Customization of NetSuite SuiteBilling
Customization
- Custom subscription objects
- Customized usage calculation
- Tailored invoicing templates
- Extended billing analytics and reporting
Integration with NetSuite Modules
- Shared customers and items
- Real-time order data
- Accounts receivable synchronization
- Revenue recognition compliance
Third-Party Integrations
- Payment gateway connectors
- Tax engine integration
- Invoice delivery integrations
- Marketing automation integration
- CPQ tool integration
Industry Solutions
Technology
- Subscription and usage pricing
- Automated recurring billing
- Customer self-service portals
- Revenue recognition compliance
Retail & ECommerce
- Franchise billing management
- Marketplace monetization
- Automated invoicing
- Advertising cost allocation
Healthcare
- Insurance claim automation
- Patient payment plans
- Customized billing codes
- Flexible billing arrangements
Media & Publishing
- Package and content licensing
- Complex royalty calculations
- Usage metering integrations
- Customer entitlement tiers
Financial Services
- Commission calculations
- Fund performance fee billing
- Client billing allocations
- Tailored billing cycles
Nonprofit
- Donation management
- Grant billing requirements
- Custom funding types
- Automated acknowledgments
Telecommunications
- Utilization-based billing
- Custom bundles and rating
- Volume discount automation
- Pay-as-you-go client accounts
Insurance
- Commissions waterfall distribution
- Agent hierarchy-based splits
- Policy billing customization
- Coverage eligibility automation
Let’s Enable Faster Cash Flow and Recognition
Want to optimize recurring billing, automate order-to-cash processes, and accelerate revenue recognition? SuiteRep can tailor SuiteBilling to fit your business uniquely. Let’s have a conversation to align advanced billing automation to your goals.
FAQs
What key processes does SuiteBilling automate?
SuiteBilling centralizes and connects ordering, billing, invoicing, integrated payments, cash applications, collections, and revenue recognition. The platform tailors to flexible business models with customizable automation across the monetization lifecycle.
Which industries benefit most from SuiteBilling?
SaaS, subscription services, media & publishing, telecom, insurance, financial services, nonprofits, healthcare and more leverage SuiteBilling for usage, tiers, licensing, allocations, commissions and virtually endless billing requirement flexibility.
Can SuiteBilling support complex billing models?
Yes, SuiteBilling supports unlimited packaging flexibility including: usage-based billing, automated subscriptions, customer tiers, promotional models, commissions waterfalls, allocation schedules, tax configuration and any custom calculations needed – no matter how intricate.
Does SuiteBilling integrate with payment gateways and bank platforms?
Yes, SuiteBilling natively integrates with leading global payment gateways and bank transfer platforms out-of-the-box, enabling unified receivables across cash, check, credit card, bank transfer, and more.
Can we unify billing and financial data with SuiteBilling?
Absolutely! Enjoy a single source of truth across billing, accounts receivable, revenue recognition, accounting, reporting and analytics, with everything tightly unified within NetSuite’s single cloud platform.
How quick is SuiteBilling to implement?
Extremely rapid! SuiteBilling is natively cloud so customers can enable advanced billing functionality faster than legacy systems. With pre-configurations and expert guidance, SuiteBilling accelerates monetization.