360 Contract Billing is a recurring billing management solution built on the NetSuite SuiteCloud platform. This product is designed to provide organizations with a consistent and efficient solution to manage contracts and renewals within NetSuite. Be freed from manual billing processes; automate it!

360 Contract Billing is a recurring billing management solution built on the NetSuite SuiteCloud platform. This product is designed to provide organizations with a consistent and efficient solution to manage contracts and renewals within NetSuite. Be freed from manual billing processes; automate it!

Comprehensive Recurring Billing Management

Report, manage and automate recurring billing and revenue synchronization with 360 Contract Billing.


Subscription Management in NetSuite is made simple with 360 Contract Billing. Unlike competitor products, 360 Contract Billing is developed on NetSuite’s platform – eliminating the need for a third party integration. Reduce the human intervention required to manage contracts and renewals for your recurring subscription and maintenance offerings! Our product not only automates your recurring invoices, electronic payments, and renewals – but also provides your team with SOX-compliant contract management tools for processing temporary adjustments (promotions, escalations, etc), recurring changes (upsells, down-sells, etc), usage charges, automatic synchronization with Revenue, and more!


Unlike traditional billing systems, 360 Contract Billing can adapt to support many diverse customer contract scenarios – allowing your business to acquire new customers without limiting them to only what your contract management solution can handle.

Key Benefits

How 360 Contract Billing is Different


Flexible Billing Frequencies and Terms

Support differing contract start dates, billing dates/frequencies, and end dates for your products or services on the contract. 360CB will also automatically co-term for you when desired.


Automated Revenue Sync

Whether you use legacy Revenue Recognition or Advanced Revenue Management, 360CB has native support and plug-ins to automatically synchronize with deferred revenue.


Change Management Tools
Change tools for temporary adjustments and ongoing change orders from Opportunity to Cash.


High Volume Invoice & Payment Processing
Invoicing & processing payments on the same day each billing period can take a long time! With
SuiteScript 2.0, 360CB uses multiple queues to speed things up exponentially and can process over 300,000 records in a single execution.


Auto-Email Many Designated Contacts
Designate which customer contacts should receive recurring invoices and 360CB does the rest!


Fulfillment-driven Contract Billing Terms
Integrated with NetSuite item fulfillments, 360CB automatically sets the contract term so that billing occurs when enablement/fulfillment in the field.


Business Intelligence Metrics
Provide business intelligence metrics like MRR (Monthly Recurring Revenue) and others that you can configure.

Recurring Billing

  • Utilizes Advanced Revenue Management Plugin to align Revenue with Billing for ASC606 Compliance
  • Fully supports native NetSuite Credit Card processing and ACH payments.
  • Support for AvidXchange (formerly Piracle) ACH Payments
  • Accommodates differing end-dates & billing frequencies on a single contract
  • Coterminous end dates
  • Payment proration
  • Automate renewals, rollovers, perpetual and termination of a contract
  • Consolidated invoices
  • Usage based billing
  • Visibility into MRR and other key metrics
  • Works seamlessly with native NetSuite functionality such as Advanced Revenue Management, Advanced Shipping/Fulfillment, SuitePayments, and more!
  • Built on NetSuite’s platform, no 3rd party integrations needed
  • Quick implementation


 

  

360 Cloud Solutions has been a premier NetSuite Solution Provider since 2002. Since then, they have worked with clients in almost all industries & verticals – but have specialized in optimizing processes and systems around subscription billing. Given this expertise of subscription billing optimization within NetSuite, 360 Cloud Solutions developed 360 Contract Billing. This application enables NetSuite users to transition their atomic processes to a more scalable recurring process model all within the same system. 360 Contract Billing is built entirely on the NetSuite Platform and is a certified Built for NetSuite app. No third party integrations are necessary for this flexible, scalable, and highly automated billing solution.

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