Subscription billing for Dynamics NAV & D365 Business Central: Gain a competitive advantage and stay compliant
Many businesses are adopting a subscription billing model. It eliminates barriers to expensive solutions and helps manage the customer relationships over long periods.
If you find yourself moving towards the subscription billing model, you may have noticed some gaps that your current Microsoft Dynamics ERP solution does not bridge. For NAV in particular, you may have found that:
- NAV has no contract billing module to handle subscription billing. You may create a recurring invoice but that leaves a tremendous amount of manual work and tracking to do.
- It offers no adjustments, escalations, or additions that a proper Contract module would need.
- For deferrals, NAV requires posting all deferrals ahead to future periods, which makes it difficult to make adjustments to existing deferral schedules, with little reporting capability.
In this webinar, we will show you how you can manage end-to-end billing and deferrals - staying compliant with ASC 606 / IFRS 15 - using Microsoft Dynamics 365 Business Central or NAV, enhanced with Binary Stream's Subscription Billing Suite. You'll be able to eliminate manual processes and spreadsheets, while being able to month-end tasks faster, with more accurate reporting.
