Sage has rolled out new features for the latest version of its Sage Intacct product, many of which focus on expanded options for billing.
Release 2 allows users to:
- Manage billing and revenues in perpetuity, including all future up-selling and down-selling, cancellations, and recurring billing cycles.
- Aggregate, integrate and reconcile subscriptions with third-party solutions without manual processes.
- Analyze and predict consumption, as well as roll out new pricing models faster than before.
- Access consolidated metrics for financials, billing, revenue, cash, and SaaS metrics across billing models and cohorts, including historical, current, and forecasts.
“Supporting our customers to be successful in their given industry is core to what we do,” said Dan Miller, executive vice president of the Sage Intacct Business Unit, in a statement. “Managing subscription billing manually is complex, the enhancements we have made in this release provides customers with an automated solution to a complicated manual process. This, in turn, helps our customers to focus on what matters — providing great customer service!”
The new release also boasts new features relating to inventory management. Users will be able to create customized workflows, track order statuses without needing to enter new transactions, and gain access to data on orders ready for action. There are also new capabilities for construction contracts and billing. It allows users to manage construction contracts and schedule values, have more options for managing billing and contracts for both general and specialty contractors, and access fully integrated cost and revenue change management from the estimate to the contract.