Hi Community,
I would like to give another try and see if anyone from the community has come across a similar scenario and can shed me some light.
The company is currently in the distribution business using B1 9.2. It will be entering the hosted IT service business (with the SAAS model), so we would like to leverage B1 to support this subscription billing model.
In the early stage, it's helpful to use the out-of-box "recurring invoice" to generate invoices periodically. But this is hitting the ceiling when some major capabilities in a subscription billing business model are required, such as auto-renewal, alignment, revenue/expense deferrals, and reporting (calculating churn, monthly recurring revenue, and etc.).
The partner replied with an in-house add-on development suggestion (using the SDK I guess), but it doesn't sound like flexible enough to me. I've been looking around for a more complete 3rd party add-on solution but have no luck by far. Some other alternative is to use a separate system to run subscription billing then integrate with B1. This may require the use of B1if, but I haven't explored much about this approach yet.
May I ask if anyone from the Community has come across this and any 3rd party add-on suggestions?
Thanks in advanced,
Jimmy