The first part of the so-called sales lifecycle is the configuring of a customized product package as well as generating a price quote for the package. Salesforce commerce cloud-based Configure-Price-Quote or CPQ software was initially developed for managing this part. For more: https://docmation.com/salesforce-billing-key-benefits/

1. SALESFORCE
BILLING:
Key benefits that support company success

2. Salesforce Billing’s
importance
Salesforce Billing has enabled businesses to leave their
legacy accounting systems as well as ERP workflows in favor
of Salesforce’s end-to-end solution. It has helped in
bringing operational outcomes to the business. It is so
different as all pricing logic and pricing data flow through
Salesforce’s powerful ecosystem directly. Because pricing
logic and pricing data flow from CRM platform to
Salesforce Billing, the price that has been quoted to a
customer will automatically become the price applied to
order as well as billed to a customer. Let us now explore
some key benefits of Salesforce Billing supporting company
success through driving digital transformation in the
organization and for desired business outcomes.

3. 1) Generation ofbills
without errors and
with more reliability:
Sales representatives cannot be
held accountable for generating
accurate quotes with a
traditional and siloed ERP order
management system. In cases
when the quote issued by them
has flaws or misses some vital
information, it goes to the
finance team that then starts
working on the backend to
rectify deficiencies.
2) Usage- and
subscription-based
products will become
simple to thebill:
We have traditional ERPs, but
they are for managing orders as
well as revenue from single
transactions. They are not for
revenue related to subscription-
and usage-based products. But
as we can see, customers will
pay on what they are using.
They pay subscription pricing
which intentionally gets
changed over time.
3) The ability to offer
flexible billing
arrangements toeach
customer:
Salesforce subscription billing
and the Salesforce billing
module come into play and
resolve such issues as well.
Salesforce offers numerous
options regarding how
businesses bill their customers.
This is also when the
organization manages the billing
process.

4. 4) Making businessintelligence
more insightful andaccurate:
Salesforce’s standard CPQ uses the power
of artificial intelligence for the generation
of key business insights into all
configuration and quoting processes. You
can turbo-charge your business intelligence
with Salesforce Billing. It automatically
feeds billing data to your Salesforce
artificial intelligence engine. The concept
of Salesforce Billing further helps improve
accuracy of your cash-flow forecasts and
with business outcome metrics. It helps
achieve desired key business outcomes.
Traditional ERP systems only looked into
managing ordering and billing. They were
not meant to manage customer
relationships. This is a disadvantage
because it caters those who were already
familiar with finances. Now, Salesforce
Billing ultimately helps increase customer
retention and growing revenue. It forms a
part of the wider Salesforce ecosystem.
That refers to customers’ billing records
being automatically linked to Salesforce’s
profiles of those customers.
5) Strengthening relationships
with customers:

5. Businesses need
digital transformation
for billing processes
A CPQ billing system with Salesforce Billing will
help in delivering business outcomes that were
desired and increase revenue growth. Furthermore,
you will be able to streamline and simplify the
usage- and subscription-based billing processes.
The use of Salesforce Billing will improve
preciseness and the insightfulness of business
intelligence and help benefit the ecommerce
business. It’s a great ecommerce solution with huge
ecommerce functions. That will finally help you
build stronger and lasting relationships with
customers. Docmation is the perfect Salesforce
consulting partner and an industry leader when it
comes to Salesforce B2B ecommerce, CPQ, and
billing. This award-winning organization will drive
growth and success at any scale.
This is an urgent need. Several businesses
have admitted to being unable to pay
suppliers in time. When you are able to fight
the competition and when you upgrade to
B2B commerce Salesforce Billing, you will
notice that you can generate reliable bills
and have a better B2B subscription–all
withoutmaking errors that were unavoidable
otherwise.

6. Thank you!
Contact us if there are any questions.
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www.docmation.com
Phone Number
+14704008988
Email Address
info@docmation.com
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