Microsoft Dynamics GP and CRM are designed to manage the processes and requirements of software businesses and the software customer life cycle — from the moment the lead enters
the system through the sales process, purchase, and subsequent renewals and repeat sales. Dynamics GP can handle issues unique to software development companies, such as revenue recognition and usage-based billing. Dynamics GP (formerly Great Plains) enables a software company of any size to manage its entire business in a single business application suite.
Manage complex back-office processes easily, while reducing cost and error rate. Software companies have incredibly complex financial processes, from their unique billing requirements to revenue recognition, licensing and subscription management. Dynamics GP will automate billing processes and eliminate the manual work typically associated with billing customers, thereby reducing errors and saving the company time and money. Software companies can create highly customized billing schedules and templates easily and quickly to automate the creation of invoices based on the related license agreement and service contract to meet their exact needs.
Milestone billing schedules allow software companies to bill as work is completed according to the service contract. Billing schedules can be applied to an entire sales order or to each specific item on an order and indicate what is to be invoiced and when, providing more granular visibility into cash flow from period to period. Powerful reporting capabilities provide accurate billing forecasts.
Renewals and Maintenance Sales Management are built in for improved revenue control and seamless service for customers. Start and end dates at the customer level as well as the sales order level trigger automatic reminders for contract renewal, while tailored billing schedules handle maintenance invoicing.
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