Capture More Revenue by Eliminating Billing Errors and Automatically Managing All of Your Contract Events
The variety – and various combinations – of business models in use today has lead to customer contract and billing complexity and challenges. Luckily, Tensoft provides robust functionality to manage the full customer transaction lifecycle.Tensoft Contract Billing Management (CBM) takes care of the customer relationship after the work has been won. It supports subscription and recurring billing models, fixed milestone payment models, and usage billing models. All of these can be run at the same time in an unlimited number of combinations. The contract can push invoices, returns, and sales orders to your financial system. Eliminate missed billings and lost revenue opportunities by using Tensoft CBM to manage and track all of your required billing events.
“Tensoft’s Contract Billing Management has allowed us to: (1) stream-line the input of multi-year contract billings upon contract execution and generate future annual billings with minimal data updates; (2) provide visibility on future billings; and (3) maintain a single repository for contracts.”
– Karen D. Carroll, Sr. Treasury & Accounts Receivable Manager, Quantros, Inc