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Recurring Revenue Management

Easily handle recurring billing and maximize revenue opportunities through improved cash flow, billing accuracy, and superior customer service.

Automate Recurring Billing with Acumatica

Recurring revenue management is the process of managing contracts, billing, payments, renewals, and revenue recognition for products and services that generate ongoing revenue. It helps organizations reduce manual billing processes, improve billing accuracy, maintain predictable cash flow, and manage changing customer agreements more efficiently.

Acumatica Recurring Revenue Management software helps businesses manage predictable revenue from subscriptions, service agreements, maintenance contracts, software licenses, and other recurring billing models. Automate billing schedules, contract renewals, payments, and revenue recognition while maintaining real-time visibility into recurring revenue within Acumatica Cloud ERP.

The software isn’t driving how we do business. We dictate how we need to use it."
Chad Lockwood
Chad Lockwood, President and CEO
Lockwood Products

Key Benefits of Recurring Revenue Management for your Company

  • Reduce Manual Billing Work

    Automate recurring invoices, billing schedules, contract renewals, and payment processing to reduce repetitive administrative tasks and improve billing consistency.

  • Improve Billing Accuracy

    Use predefined billing rules and schedules to help reduce errors associated with manually creating recurring invoices and managing changing contract terms.

  • Increase Financial Visibility

    Give finance teams greater visibility into recurring contracts, billing schedules, renewals, revenue recognition, and related financial activity within Acumatica Cloud ERP.

  • Support Flexible Revenue Models

    Configure monthly, quarterly, annual, customized, or mixed billing schedules to support different products, services, contracts, and customer requirements.

  • Connect Billing and Accounting

    Manage recurring billing and related financial processes within the same ERP environment, reducing duplicate data entry and helping maintain consistent financial information.

  • Adapt as Customer Contracts Change

    Modify recurring contracts, billing schedules, and related revenue recognition processes as agreements evolve over time.

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Important Features of Recurring Revenue Management

Manage Complexity

Flexible pricing models accommodate software licenses, subscriptions, maintenance agreements, bundled items, SaaS, and complex discount arrangements.

Renewals

Drive contract renewal revenue by automatically scheduling and managing renewal activities. Proactively plan renewal activities with automated views of completed renewals, renewals due, and past due renewals.

Change Billing Contracts

Modify, rewrite, and cancel billing contracts and revenue recognition schedules already in progress.

Utilize Templates

Set up revenue billing rules for different products and services including automated billing, revenue recognition and allocation.

Accurate Billing

Rules and templates ensure accurate billing and improved revenue flow, customer service and satisfaction.

Automatic Revenue Recognition

Generate and consolidate revenue and revenue recognition schedules automatically. Book revenue in the correct accounting period and according to the proper rules set by your accounting procedures. The system also enables easy revenue recognition based on percentage complete by project or contract.

Built-in Visibility

View and explore recurring billing data with self-service access to more than 25 standard reports. Customized reports are easy to configure.

Smart Credit Card Processing

Automate payment processing with a system that understands the complexities of credit card rules and gateway services. Use tokenized payment processing to reduce risk exposure and simplify PCI compliance validation.

Integration with the Full Acumatica Suite

Eliminate the need to enter data in multiple places. Easily convert prospects to customers or subscribers.

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Recurring Revenue Management Software – FAQs

What is Recurring Revenue Management?

Recurring revenue management is the process of managing contracts, billing, payments, renewals, and revenue recognition for products and services that generate ongoing revenue. It helps businesses automate repetitive financial processes, improve billing accuracy, and maintain visibility into recurring revenue throughout the customer relationship.

What types of Recurring Revenue models can Acumatica manage?

Acumatica can support recurring revenue models such as software licenses, subscriptions, maintenance agreements, service contracts, SaaS offerings, and bundled products or services. Businesses can configure billing schedules and contract terms to accommodate different recurring revenue arrangements.

Why manage Recurring Revenue within an ERP system?

Managing recurring revenue within an ERP connects billing, contracts, payments, accounting, customer information, and reporting within the same business system. With Acumatica, organizations can reduce duplicate data entry and maintain greater visibility into recurring revenue and its impact on financial operations.

Can Acumatica automate recurring billing?

Yes. Acumatica can automate recurring billing based on predefined contract terms and billing schedules. Businesses can configure monthly, quarterly, annual, customized, or mixed billing schedules to support different products, services, and customer agreements.

Can billing and revenue recognition schedules be different?

Yes. Billing and revenue recognition can follow different schedules based on a company’s operational and accounting requirements. For example, a business may invoice a customer quarterly while recognizing the associated revenue monthly according to its established accounting procedures.

Can recurring contracts and billing schedules be changed after they start?

Yes. Acumatica allows businesses to modify, rewrite, or cancel recurring contracts and associated billing or revenue recognition schedules as customer agreements and business requirements change.

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See what Acumatica customers are saying

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"We are growing on all fronts. With Acumatica as our platform for growth, we can bring on new product lines to expand the business without worrying about the tools or integrations needed since Acumatica scales right along with us."
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