With subscriptions, the volume of work is always increasing. With more work comes more stress, a higher need of adding on staff, or a higher risk of errors under pressure which can lead to missed invoicing, and missed renewals.
Using Younium, you can automate and streamline the customer invoicing process, including usage rating, credit calculations and pro rating. Revenue recognition schedules are generated according to defined rules so that it's consistent and auditable.
Manage payments, settlement, reminders for full control of the billing and collect cycle.
Spend less time manually billing customers and subscribers, ensure invoicing and renewals are never missed, and shorten the closing period.
Segmented invoice, payment and revenue recognition journals for general ledger reconciliation.