To effectively quote and manage complex customer contracts, organizations need to be equipped to efficiently manage billing and recurring revenue over a contract lifecycle. You can now seamlessly manage subscriptions, service contracts from proposal to contract renewal with FinancialForce.
Stages of Contract Management
FinancialForce Contract Management is both flexible and intuitive and allows you to better analyze customer contracts right from proposal to renewal or completion, and easily incorporate changes to the original contract. FinancialForce Contract Management was built for today’s mobile workforce so you can access, respond to or take care of any necessary tasks from anywhere using any device.
Advantages of Contract Management
Users can create a proposal for time, material and options all from one screen using drop down and point and click functions, and create proactive notifications to support contract renewals and protect renewal revenue.
With FinancialForce’s Contract Management Software, organizations can:
- Handle recurring (subscription) as well as nonrecurring revenue
- Easily sell tangible and intangible (hours, warranties, licenses) items
- Support products with easy, configurable options
- Obtain flexible billing terms
FinancialForce Contract Management Software Solutions
The application has built-in pricing algorithms that support multiple types of pricing, with rule-based options that can have either recurring or nonrecurring fees associated to them. By automating your contract management process, your company can achieve instant visibility into company revenue. Contact us to learn more.