NetSuite Recurring Billing module capabilities:
A. Can calculate billing by querying of usage data.
B. Based on a minimum monthly contract value.
C. Allows the use of filters when querying the usage data.
D. Using a tiered pricing calculation.
E. If the fees for a feature or functionality of the Service are based on usage of the Service, NetSuite shall access and use Customer Data as reasonably necessary to determine the fees for the applicable feature or functionality.
NetSuite’s contract renewals capabilities allow you to automate renewals while providing real-time visibility into your installed base and renewal pipeline. You’ll enable your teams to increase renewals, sell more licenses and features, and improve customer service. And you’ll boost billing efficiency and minimize the risk of errors through automation and seamless cross-functional integration.
“Salesforce.com’s next product update will feature scores of new capabilities for its core CRM (customer relationship management) application as well as the Chatter messaging and collaboration service.
A sandbox preview for the Spring ’13 update is scheduled for Jan. 11, according to a set of rea posted on Salesforce.com website.
The update will feature a large number of enhancements to Chatter, Salesforce.com’s social collaboration and messaging service, covering areas such as search, content previewing and general usability.”
Back in Oct-06, I joined a really fast growing mid-sized software company with an exceptional business model. I was given the responsibility of owning our business systems. We started our mission of using systems for productivity by implementing Salesforce and NetSuite. It was my first experience with cloud-based business applications (CRM and ERP). It was an incredible experience, and I am grateful for that beyond measure.
Here is a quick business review we wrote within the first year of our usage of Salesforce and NetSuite:
ROSTER OF VP BRANDING PARTNERS CONTINUES TO GROW
The momentum of VP’s Brand Program continues to grow with the addition of three new partners including Petromark, Inc., Western States Petroleum and Nebraska Iowa Supply, Inc. The VP retail program continues to resonate with forward-looking distributors who see its game-changing features as the most effective response to the changes currently overtaking the industry. The savings offered by unbranded supply and lower credit card processing fees coupled with new revenue from VP-branded products have proven compelling to these distributors, along with the opportunity to stand out with the VP Racing Fuels brand and its Mad Scientist icon.
Petromark, Inc. is based in Harrison, Arkansas and services nearly 220 retail and wholesale sites across Arkansas, Oklahoma, Kansas, Missouri and Tennessee. In partnering with VP, co-owner Steve Turner “focused on VP’s image, very favorable credit card processing program and incremental revenue from other VP-branded products” in an effort to “provide our independent sites the resources to compete in a changing marketplace.”