Managing fixed recurring billing with ZoneBilling
Fixed Recurring is by far the most common billing model for modern-day businesses. Fixed Recurring billing is repeatable, reportable, and with the right systems, scalable.
Fixed recurring billing
By definition, Fixed Recurring billing means a fixed and agreed upon amount billed on a recurring basis, no matter what type of product or service you may be selling. Licenses, subscriptions, memberships, programs, rentals, services, and products can all be billed on a Fixed Recurring model. In order to be successful at scaling a Fixed Recurring billing model you need to have a flexible billing system capable of handling the intricacies of this model. The following are specific features and functions of ZoneBilling that help scale your Fixed Recurring model.
You want to provide your customers with options. Sales needs to have the flexibility to negotiate the billing terms that best fit their customers’ needs. One customer may request more frequent invoices and another may prefer more upfront for a discount. Your billing system should not be the limiting factor in negotiating these terms with your customer. The following are very common billing schedules (we call them Charge Schedules) that can be managed by ZoneBilling:
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