3 major signs that indicate it’s time to Automate your Recurring Invoices within Dynamics 365 CRM/Power Apps!

3 major signs that indicate it’s time to Automate your Recurring Invoices within Dynamics 365 CRM or Power Apps

What’s the one factor common to all businesses and holds the most value? Yes. Money. Majority of businesses are focused on sales and revolve around using their Dynamics 365 CRM to bank in more sales. They want to use it to its full utility to capture their leads, convert them, and continue to service them. However, the same numbers are not reflected when it comes to taking action for optimizing the process of carrying out the sales for their customers. This changes when a simple-to-use and efficient solution like Recurring Billing Manager is introduced.

Recurring Billing Manager, now available on Microsoft AppSource, is an app that makes billing a piece of cake. It is a mix of automated intelligence, bulls-eye accuracy, as well as time and effort saving convenience. How do you know if you really need a solution like this? We’ve identified the top signs that indicate a reason for concern and a demand for change. Have you noticed the below signs?

Sign #1: Multiple Billing Schedules prove to be a burden

The biggest question with multiple clients in your billing pipeline is figuring out and organizing when each of the clients has to pay and exactly when the bill should be scheduled. This can prove to become a management nightmare if payments start to slip. But this is old worries with Recurring Billing Manager. Recurring Billing Manager provides Flexible Billing Schedules that change the way you deal with bills.

Recurring Billing Manager gives you the control of billing schedules: set which invoices should be generated, when they should be generated, how frequently they should be generated and what line of items should be a part of the new Invoice.

That’s not all; you can create multiple Billing Schedules and customize them. You can use the common billing attributes such as billing length, frequency, reminders, delayed charges, and even include multiple products as per your requirement. Using this feature of Recurring Billing Manager, seeing multiple bills will only make you happy.

3 major signs that indicate it’s time to Automate your Recurring Invoices within Dynamics 365 CRM or Power Apps

Sign #2: Payments are delayed

A growing company always has limited attention time. When the workload gets heavy or the company has a major upcoming project that needs more eyes, it’s common to have operations like billing that does not stop work fall behind. With Recurring Billing Manager, Reminder Schedules takes care of this for you by sending payment reminders to your clients. You can set up a schedule for reminders with respect to invoices that are past due or for upcoming renewals. What’s more is that every Reminder Schedule will have Reminder Rule(s). These rules outline when the reminders should be sent, the email templates to be used, to whom it should be sent, etc.

So, you can now channel your focus to more pressing tasks while Recurring Billing Manager automates your reminders for you.

3 major signs that indicate it’s time to Automate your Recurring Invoices within Dynamics 365 CRM or Power Apps

3 major signs that indicate it’s time to Automate your Recurring Invoices within Dynamics 365 CRM or Power Apps

Sign #3: Inaccurate/Zero Compensation for Delayed Payments

Let’s be practical. Receiving a cleared invoice right on time through all clients is seldom the case for many businesses. Along with this being an inconvenient situation, it also adds a time and effort consuming overhead to the team for calculating the penalty charges.

With Recurring Billing Manager’s Delayed Charge Schedule, the penalties are calculated automatically for you. You can create a schedule for the delayed charges that the customers must pay for their overdue invoices. The UI is made simple to use so you can simply choose parameters like the percentage of penalty, its frequency and from when it should be charged, and you will be given the calculated penalty.

This helps you to be accurate in your calculations every time and ensures that the additional time doesn’t go to waste. This also eliminates any room for bargaining from clients to wiggle out of paying calculated overdue as sales people have a claim that the systematic and automated generation of penalty is out of their control. Compared to manual control, this allows representatives to deal with difficult situations by simply relying on the automated process of penalty generation.

3 major signs that indicate it’s time to Automate your Recurring Invoices within Dynamics 365 CRM or Power Apps

Did you notice any of these signs in your business? If yes, then don’t wait anymore! End the year with a resolution to make your processes more optimized and your time better utilized. Here’s even a free 15 days trial for you on our website or Microsoft AppSource to try it before you buy it. If you would have us assist you in any way, you don’t have to think twice before contacting us at [email protected].

So, until the next time – try Recurring Billing Manager and make it the last bill you generate manually!

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