Get More Out Of NetSuite with SuiteApps
Kraft Enterprise Systems (KES) offers the following modules to enhance your NetSuite experience and help you better manage and grow your business. These NetSuite SuiteApps can be configured for you by KES whether you are a new or current NetSuite user. They require minimal implementation time and are easy-to-use.
BillFinity™ - Software Solutions for the Subscription Billing Revolution
BillFinity™ is an automated recurring subscription management and billing engine built on top of NetSuite. BillFinity™ addresses the growing shift to the subscription economy. Companies today are seeing a strong demand for more products and services to be utilized and billed on a subscription basis. This shift requires businesses to adopt the tools necessary to manage large transaction volumes with recurring and pay-as-you-go pricing structures.
Below are a few of BillFinity's™ key features:
Ongoing Subscriptions
Automatically create ongoing subscriptions from sales activity and allows for easy ongoing updates/adjustments to subscriptions without requiring any other contract modifications.
Smart Logic Terms
Allows for easy definition of any number of billing terms (monthly, quarterly, annually, etc.) with smart logic to ensure correct crossing over of month-end dates, leap year, etc.
Renewal Transactions
Allows definition of the default type of renewal transaction to create at billing (sales order or direct to invoice) along with the ability to generate these transactions at any specified number of days in advance of renewal.
Credit Card Compliant
If credit card information is stored on the standard NetSuite customer record (fully PCI compliant), automatically creates payment records and apply to the invoices created as part of the renewal process.
Revenue Recognition
Allows you take full advantage of NetSuite's Advanced Revenue Recognition Management. Automatically creates revenue recognition schedules based on term but allows for easy modification. Can also run without revenue recognition.
Subscription Metrics
Provides full MRR/ARR reporting, along with churn/new/active trending.
Usage Billing
Provides ability to do basic usage billing, with support for minimum quantity/charges and multiple roll-up options.
Low Monthly Fee
Allows you to pay a low monthly fee and avoid per transaction charges.
BillFinity™ - Customer Testimonials
“BillFinity is very easy to learn and navigate through which made it easy for me to train my team. Further, it saves us hours of frustration compared to our previous module. I would highly recommend this tool and the Kraft team for NetSuite assistance!”
-Logan Barnes, Accounting Specialist, Healthcare Bluebook
“Billfinity made it possible for us to put together a plan for recurring subscription billings, which really couldn’t be effectively solved by other consultants without a very time consuming and inefficient process being implemented.”
-Adam Johnson, Accounting Manager, MatrixCare
