INTACCT INTROS SUBSCRIPTION BILLING

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Bob Scott reporting in his weekly Insights column.

Intacct has introduced Subscription Billing, an application built on the Salesforce1 Platform. The new program is designed to automated billing and accounting processes around subscription lifecycle management. The system offers preset billing runs and automatically bills clients at the invoice due date while accounting for payments within Intacct. It also automatically captures new subscription details and marks the data under the appropriate recognition rules independent of billing and pricing terms. Users can set up triggers for renewal orders near the subscription end date.