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Odoo Billing

What is Odoo Billing?        Benefits    Features    Challenges    OdooSuccess    Pricing    Resources 

What is Odoo Billing?

Odoo Billing simplifies and automates the management and billing of recurring subscriptions. Combine flat, tiered and consumption-based options with promotions, volume discounts and customer-specific rates for maximum flexibility. Support for multiple pricing models and complex rating scenarios make it easy to generate accurate invoices. And, Odoo Billing lets you manage the entire subscription lifecycle: Modify subscriptions and prorate billing, consolidate multiple charges on a single invoice and auto-generate renewal invoices to improve retention.

Drive Business Strategy and Growth

Using Odoo financial, headcount and operational data, quickly and easily produce budgets and forecasts, model what-if scenarios and generate reports.

Subscription management and billing

Ensure Revenue Compliance

Accounting for recurring revenue can be complex and time consuming. Now you can automate this process and manage revenue accurately and in accordance with the latest revenue recognition standards.

" Since using Odoo Billing we’ve reduced the days it took to invoice from seven to two days, and improved the accuracy – a win, win. "

Callie Roeder​

Finance Manager, Chargeback Gurus

Learn How ERP Can Streamline Your Business

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Odoo Billing Benefits

Timely, Accurate Billing.​ A powerful rating engine and automated scheduling for consistent invoicing with fewer errors.

Maximum Flexibility.​Multiple pricing and billing options to meet the needs of subscribers and the business.

More Efficient Billing Operations. Save time and increase efficiency by eliminating manual billing processes.

Easy Revenue Recognition. Bringing billing and revenue management together helps companies comply with accounting standards.

Odoo Billing Features

Odoo Billing provides unparalleled control over billing and subscription management, with sophisticated pricing and rating models, flexible scheduling and automated invoicing — all built on the Odoo platform.

Subscription Management​

Odoo Billing supports subscription schemes from evergreen to traditional time-based, such as one- or three-year terms. Changes to subscriptions, such as upsell, downsell, suspend and terminate, are easily managed. Revenue leakage is reduced via automated renewals. Apply a percentage price increase automatically to a customer’s renewal pricing. Increases can be set during subscription creation or at renewal and are flexible enough to calculate percentage uplift at a line-item level.


Pricing Models

Support multiple pricing models, ranging from simple flat rates to complex volume and tiered scenarios with minimum and maximum thresholds. Apply standard or customer-specific pricing to maximize revenue.


Rating Engine

A powerful rating engine allows a combination of one-time, recurring and usage-based charges. Easily create subscriptions that capture setup fees, license counts and consumption on a single invoice.


Billing Schedules

Schedule future-dated, real-time and back-dated invoices. Automatically bill subscribers at the end of free trials or increase rates when discounts expire.

Change Orders

Easily respond to customer requests to modify their subscriptions. Upsell additional services, or downgrade customers to lower pricing tiers. SuiteBilling automatically prorates future invoices to ensure accurate billing.

Subscriber Self Service​

Odoo gives customers secure account access — including the ability to manage their account information, view order history, modify subscriptions and pay invoices.

Recurring Revenue Recognition​

Odoo Revenue Management helps companies comply with accounting standards for ASC 606 and IFRS 15 compliance and report financial results in a timely manner.

Reporting​

Real-time reporting provides easy access to billing and financial data, including monthly recurring revenue, total contract value and customer churn. Analyze revenue, pricing and consumption data across multiple dimensions to optimize the profitability of usage-based subscriptions.

SaaS Metrics

The SaaS Metrics Dashboard provides a single, easy-to-understand view of key metrics and a 12-month rolling forecast that projects revenue given your current customer base. Use the dashboard to track essential metrics like annual recurring revenue (ARR), monthly recurring revenue (MRR), and churn rate at an enterprise-wide, individual-subsidiary, or cross-subsidiary level. Drill down into metrics to understand the underlying data and see supplementary information.

Challenges Odoo Billing Solves

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Manual Processes. Increase efficiency with an automated billing solution embedded within Odoo

Complex Pricing Requirements. Support multiple pricing models, including flat, tiered and usage-based options; customer-specific and volume pricing; and combination plans. 

Delayed Billing. Automatically invoice new subscribers after a free-trial period or increase rates when promotional discounts expire. 

Change Orders. Easily add or remove services and automatically prorate charges to ensure accurate billing. 

Lost Subscribers. Reduce subscriber churn and increase revenue by automating contract renewals. 

Subscription Management. Improve customer satisfaction by giving customers easy access to view and manage their subscriptions.​

OdooSuccess – Your proven path to success

Leveraging more than 25 years of experience working with tens of thousands of organizations, across all industries and business sizes, our customer lifecycle methodology helps customers transform their business. It starts by building an AI-powered, integrated business suite with industry-specific solutions. Then we engage with your business to ensure that we’re addressing your specific needs and guiding you along the way on how to best consume and optimize Odoo to solve challenges of today and the future. This approach helps ensure customers experience faster time-to-value, better ROI, and greater employee adoption.

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How Much Does Odoo Billing Cost? 

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to Odoo. Looking for a better way to run your business but wondering about the cost? Users subscribe to Odoo for an annual license fee. Your license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users – that’s the beauty of cloud software. Odoo supply chain management solutions are available through various module.

Contact Odoo​​​​ Now

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