Advanced Billing

MaxQ’s Advanced Billing is a complete, automated revenue management system designed to handle even the most complex billing and subscription needs. Make billing simple with a system that supports you through the entire subscription lifecycle. Improve your cash flow, billing accuracy, and customer satisfaction while spending less time on billing and more on growing your company.

The module handles billing for your choice of contract type, including one-time, recurring, term, and perpetual contracts. Advanced Billing also supports any combination of usage-based tangible or intangible items, as well as trials, deposits, pre-bills, post bills, and bundles. Powerful pricing options include multi-tier pricing, customer price classes, promotions with effective date pricing, bundle pricing, and more. This flexibility ensures that you can support any subscription model you or your customers could want.

Flexible contract management makes contracts simple to maintain while supporting complex customer relationships. You can create contracts with flexible options for defining contract frequency and duration, mix non-stock and stock items on a single contract schedule, and use templates to quickly create recurring billing contracts.

Renewals are made easy, saving time while increasing renewal rates. You can renew contracts manually or automatically and with a different price or duration from the previous contract. Tracking capabilities allow you to trace renewals to the original contract, calculate renewal percentages (churn), and include non-renewal reason codes and statistics.