RecVue Billing Automation, part of the RecVue Unified Revenue Platform, centralizes and automates billing and invoicing processes for organizations with complex pricing, subscription, and usage-based models. The platform reduces invoicing cycles and manual effort by applying configurable billing events, consolidating bill runs, and pre-validating schedules to prevent errors before invoices are issued. It integrates billing with contract lifecycle functions—handling renewals, amendments, terminations, and cancellations—to ensure invoices reflect current contractual terms. The invoicing module automates invoice generation and distribution, supports flexible invoice templates and grouping logic, and delivers out-of-the-box reporting and dashboards for real-time visibility into KPIs such as active orders and total invoice amounts. A 360-degree asset view tracks contracts, billing status, charges, and cumulative billing totals, while usage and order hubs enable correction and reprocessing of external data feeds. By unifying billing with ERP, CRM, tax engines and other systems, the platform aims to improve cash flow, reduce administrative burden, and accelerate time-to-market for new pricing or product offers.

Features & Benefits

• Dynamic Billing Events: Triggers billing or revenue actions based on configurable events to align invoicing with service lifecycle changes.
• Consolidated Bill Runs & Pre-validation: Groups billing schedules and validates runs in advance to reduce errors and accelerate invoice cycles.
• Automated Invoice Generation & Distribution: Streamlines invoice creation, template customization, and delivery to customers to minimize manual intervention.
• Contracts Management: Manages end-to-end contract processes including renewals, amendments, and price adjustments to ensure billing accuracy.
• 360-Degree Asset & Usage Visibility: Provides comprehensive tracking of assets, charges, and usage data, with hubs to correct and reprocess incoming data streams.