ZoneBilling:
NetSuite Advanced Billing & Revenue Management
Bill and recognize revenue however you want natively in NetSuite.
ZoneBilling is a native SuiteApp, built for NetSuite meaning that all of ZoneBilling's functionality rests within the NetSuite platform and is operated directly out of your NetSuite interface. Businesses can use our powerful API Wrapper as part of ZoneBilling's Integrate features to connect to 3rd party applications, such as CRM, CPQ, and tax software like Avalara. Because ZoneBilling is built natively in NetSuite ERP, businesses see savings in time and total cost of ownership as the need to maintain multiple sets of data, systems, internal resources, and processes are eliminated.
With ZoneBilling, businesses are able to manage everything from simple, fixed recurring subscriptions to complex contracts with multiple billing scenarios, such as usage-based licenses, services fees, inventory, price tiering, and more. Businesses move to ZoneBilling because they know that their relationship with customers is always evolving and so will the way they bill, meaning flexible solutions inside an ERP provide the scalability needed for growth without sacrificing the functionality for innovation.
Many businesses manage revenue and billing separately given the complexity of requirements at both ends of the lead-to-revenue process. ZoneBilling allows you to bring both simple and complex billing and revenue directly into NetSuite by taking advantage of ZoneBilling's innovative architecture and NetSuite's powerful Advanced Revenue Management (ARM) functionality. Together, you have the ability to automate everything from order to ledger without losing any visibility or risking compliance.
LOVED BY FINANCE TEAMS
Subscriptions, Renewals, Contracts, Inventory & more – managed, billed and recognized in NetSuite
Using our purpose-built subscription record in NetSuite, you can automatically create and manage orders, bills and credits based on billing rate type and charge schedule. This means you can bill and recognize everything from simple one-time fees, fixed recurring bills, or pay as you go setups, through to usage-based billing including inventory items, pre-payments, minimum commitments, co-termination of contracts with pro-rata pricing, automated renewals, and more. All completely within NetSuite.
Learn more about Contracts, Subscriptions and Recurring Billing here.
Learn more about NetSuite Revenue Recognition and ARM here.
Preparing your billing system for growth: how to stay ahead as your business evolves
Every business, big or small, will grow – growth is inevitable. Whether it happens through expanding into new markets, adding new pricing models, buying other businesses or launching new products or services, growth brings unexpected challenges, especially around billing.
How does ZoneBilling work?
Create your subscription
Each Subscription is configured by adding a variety of Subscription Items to match the elements of your contracts, whether a recurring usage-based license, a single-time implementation fee, or hardware rentals.
You can deeply customize your contracts at the Subscription, Subscription Item, or even Charge-level for maximum control, giving you almost limitless options to grow your business. Plus, template common subscriptions or contracts to make billing new customers a breeze.
Use custom data for dynamic rating
We do this by using custom records to capture critical customer data points you'd like to use in your pricing model. Our powerful API Wrapper allows you to pull this data in and mediate it automatically.
Then, leveraging the power of Saved Searches we can query those records and perform additional formulaic calculations on the data to process it for Invoicing. We call these Rate Plan Search Maps.
Build your invoice and bill customers
Taxes can be calculated leveraging native SuiteTax capabilities or through SuiteApp partners such as Avalara. Users can then easily navigate between the contract or subscription and the invoice for checks and balances, all completely in NetSuite.
ZoneBilling also utilizes features like Billing Profiles to determine if any unique delivery requirements should be applied during the invoicing process, like consolidating fees across multiple accounts onto a single invoice record or breaking up fees from a contract across multiple bill-to entities.
Automatically apply adjustments and renew
To do so, you can leverage your CRM/CPQ to send renewal contracts into NetSuite or let NetSuite auto-renew contracts for you. ZoneBilling supports evergreen, extensions, new contract lines, and even entirely new subscriptions.
If needed, create renewal templates to schedule uplifts, change terms, or (de)escalations in quantity, price, discounts, or usage rate. And with our custom integration with the Bureau of Labor, you can store CPI rates within NetSuite.
Optimize your billing and revenue operations with pre-built reports
With ZoneReporting, the only pre-built Power BI reporting solution for NetSuite, you can leverage pre-built reports specifically designed for ZoneBilling to track and improve your key metrics, such as MRR, ARR, charge amount, customer retention, revenue recognition, and more.
Get the preview of ZoneReporting + ZoneBilling report package and explore all the available reports in Billing & Revenue Reporting library that you can use for your business.
Customize ZoneBilling to your needs
Growth edition
All the features of enterprise billing solutions, for startups and small businesses
Utilities
Tailored billing and revenue solutions for any industry
See it in action
Get your ZoneBilling demo
Why wait to make automating your billing and revenue a breeze? Talk to a Zone products expert and learn how ZoneBilling can help your business scale your billing and revenue operations completely in NetSuite.
A better way to bill
Check out more from our Library
Understanding accounts payable: definition, process and best practices
Explore the definition, process and workflow of accounts payable. Learn how to manage AP effectively with Zone & Co.
ZoneReporting: Instant insights from your NetSuite data
Manual reporting processes mean your insights are anything but instant. ZoneReporting leverages outside-the-box thinking to deliver a flawless BI data model.
Your Guide to Optimizing Payment Gateways in NetSuite
In 2024, the global digital payments market’s total transaction value is surging to upwards of $11.5 trillion, and by 2028, it’s projected to increase by nearly 50%. Digital payments are on the rise – and you need to be ready to process these payments the right way.