SuiteBilling
SuiteBilling is NetSuite’s billing management solution designed to automate and streamline complex billing processes, including subscriptions, usage-based billing, and traditional product sales. By integrating directly with NetSuite ERP, SuiteBilling enables businesses to manage their entire order-to-cash cycle from one unified platform, ensuring accurate revenue recognition and compliance with ASC 606 and IFRS 15. This solution supports various billing models - such as one-time, recurring, and milestone-based billing - making it ideal for businesses that need flexibility in managing their billing and invoicing processes.
Use Cases
Software
Use SuiteBilling to automate its subscription billing cycles, ensuring accurate and timely invoicing for monthly, quarterly, or annual subscriptions. SuiteBilling supports complex subscription models, including tiered pricing and usage-based billing, making it easy to manage and scale.
For software companies that offer pay-as-you-go pricing models, SuiteBilling automatically calculates charges based on actual customer usage (e.g., data storage, API calls), ensuring transparency and accurate invoicing.
Manage recurring license renewals, allowing for automatic invoicing and integrated revenue recognition in compliance with ASC 606.
Manufacturing
Manufacturers engaged in large-scale projects with milestone-based billing can use SuiteBilling to trigger invoices at specific project completion stages. This ensures that payments align with project progress and enhances cash flow management.
Handle complex billing scenarios that combine product sales with installation or after-sales services, offering a streamlined invoicing process that captures both product and service revenues.
Manufacturers of custom goods can manage billing and revenue recognition based on production milestones or delivery schedules, ensuring that revenue is recognized in alignment with accounting standards.
Services
Use SuiteBilling to manage invoicing for projects based on time and materials, fixed-price contracts, or retainers. It allows for flexible billing cycles that align with client agreements.
Services firms that operate on retainer-based contracts can automate their recurring billing processes, ensuring clients are billed on schedule and in accordance with contract terms.
For service providers offering packages that include various services or deliverables, SuiteBilling automates the allocation of revenue to different service elements, helping maintain accurate financials and compliance with revenue recognition standards.
Wholesale/Distribution
Offer tiered pricing based on the quantity of goods purchased. SuiteBilling can automate this process by applying volume-based pricing rules to customer invoices, ensuring that bulk purchases are billed accurately with the appropriate discounts.
Many distributors offer subscription services for recurring supply orders (e.g., replenishing inventory or equipment). SuiteBilling automates the billing process for these recurring orders, ensuring customers are billed on a regular schedule without manual intervention.
If you have long-term contracts with clients that include scheduled or milestone-based payments, SuiteBilling enables automated billing according to the terms of these contracts, ensuring that clients are billed based on delivery milestones or predefined schedules.
Our Services
Implementation
We handle the entire setup process, including configuration, integration with your NetSuite ERP, and customization to fit your specific billing models—whether subscription, usage-based, or milestone billing. We assess and optimize your current billing processes to ensure SuiteBilling is implemented in a way that maximizes efficiency, minimizes manual effort, and integrates smoothly with your financial operations.
Customization
We tailor SuiteBilling to support complex billing structures, such as volume-based pricing or custom subscription models, ensuring it meets your unique business needs. We help integrate SuiteBilling with external systems such as payment gateways (e.g., PayPal, Stripe) and e-commerce platforms (e.g., Shopify), enabling a seamless order-to-cash process.
Analytics & Reporting
We develop customized reporting tools and dashboards that give you real-time insights into your billing performance, customer payments, and cash flow, allowing for better decision-making. Our experts will help you use data from SuiteBilling to generate accurate revenue forecasts based on subscription renewals, usage patterns, and billing history.
Vendor-Certified Experts
Our experienced team members hold multiple certifications from our key vendor partners with extensive domain and industry expertise.
Official NetSuite Alliance Partner
We are proud to be an official Oracle NetSuite Alliance Partner and often get the call when an implementation has gotten off track and requires a recovery.
Experts in Customization
We excel in leveraging our expertise to develop tailored solutions that precisely align with the distinctive needs of your business.
