SuiteBilling transforms billing from a stodgy, back-office function into a strategic differentiator by placing it at the core of the business. NetSuite’s unified billing framework supports transaction, subscription, usage-based and any hybrid model thereof, all while managing revenue accurately and in accordance with the latest revenue recognition standards. NetSuite is an agile and sophisticated solution that offers unparalleled control and flexibility over billing and revenue management processes. SuiteBilling is a centralized framework that supports the universe of monetization models and allows customers to be nimble, innovative and profitable in today’s marketplace.
Key capabilities
- Core unified framework connects transactions, subscriptions and projects to the billing engine and seamlessly flows to financials.
- Allows for the creation and management of subscriptions (including value based/usage subscriptions) and support for recurring billing with full integration to advanced revenue management and ASC 606 compliance.
- Provides for the creation and management of complex rating models, often coupled with high volume transactions.