BizRev Pro:
Revenue & Billing Automation
for Oracle NetSuite
Revenue and billing in NetSuite — fully automated, insanely easy
Forget manual spreadsheets and complicated workarounds. Experience intelligent systems, instant synchronization, and effortless processing for all your financial operations, including consumption-based billing and revenue tracking.
Client Profile
An emerging AgTech company experiencing rapid growth with limited finance team resources.
Challenge
The client faced several operational challenges:
- Small finance team overwhelmed with manual revenue and billing processes across multiple product lines and revenue streams.
- Resource constraints preventing strategic financial activities and business advisory support.
- Complex billing requirements including subscription and usage-based revenue models.
- Requirement to consolidate subscription and usage charges into single client invoices.
- Preference to maintain subscription billing within NetSuite rather than implementing additional systems.
- Usage-based billing data housed in separate systems without direct integration capabilities.
- Subscription revenue managed in Stripe without integration to NetSuite.
Project Objectives
- Establish NetSuite as the single source of truth for all contracts.
- Automate monthly billing processes and invoice distribution.
- Facilitate data migration from Stripe into NetSuite.
- Enable usage data imports from external tracking systems.
- Automate monthly revenue journal entries.
Solution: BizRev Pro
BizVisory developed BizRev Pro, a comprehensive revenue and billing automation solution for NetSuite, comprising:
Customized Sales Order Management
- Implementation of sales orders with custom revenue recognition rules.
- Development of structured review and approval workflows.
Automated Revenue Recognition
- Creation of custom revenue schedules based on sales orders and recognition parameters.
- One-click revenue recognition processing for each accounting period.
Data Integration Framework
- Custom upload utility to import external data and generate corresponding invoices, sales orders, and payment records.
- Support for historical data migration and opening balance establishment.
Intelligent Billing Automation
- Daily scheduled billing automation for each sales order.
- Custom scripting to combine subscription and usage-based charges onto single invoices.
- Smart detection of open usage-based billing from data uploads.
2025 Offer – Limited to 20 Clients
Save 25% on Your First Year + Implementation
$1,950$1,462/Month - Paid Annually$1,000$750 Implementation
- Offer valid for the first 20 clients in 2025
- Pricing reverts after 20 spots are filled
Implementation Approach
BizVisory's team of specialized accountants and developers translated the client's business requirements into an effective solution through:
- NetSuite environment preparation and configuration.
- Historical data migration and opening balance establishment.
- Creation of sales orders for existing contracts.
- Customized solution development aligned with specific business processes.
Results
The BizRev Pro implementation delivered:
- Streamlined approval processes reducing manual errors.
- Automated revenue recognition eliminating spreadsheet dependency.
- One-click invoice generation and distribution.
- Enhanced visibility into financial operations within NetSuite.
- Seamless integration with existing business processes.
Let’s Talk
If manual billing is costing your team time and accuracy