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Streamline B2B Recurring Billing with Epicor P21
In today’s business landscape, many companies are turning to B2B recurring billing to streamline their billing processes and provide convenience to their customers. Several B2B recurring billing options are available for companies using Epicor P21 as their enterprise resource planning (ERP) solution.
Epicor P21 is a comprehensive ERP software designed specifically for the manufacturing and distribution industries. This robust platform offers a wide range of functionalities including order management, supply chain management, financial management, and customer relationship management. With its focus on efficiency and scalability, Epicor P21 is the perfect platform for companies looking to automate their B2B billing processes.
One of the B2B recurring billing options available in Epicor P21 is the Auto Billing feature. This feature allows companies to set up automated recurring billing for their customers, eliminating the need for manual billing every billing cycle. With automatic invoicing, companies can easily schedule invoices to be sent daily, weekly, monthly, or on any other schedule that suits their needs.
Another option is the Standing Order Capture feature, which allows companies to set up standing orders for their customers. This means that customers can place orders for products or services on a regular basis and the system will automatically create the required invoices at the specified times. With Standing Order Capture, companies can easily manage and track recurring orders and ensure timely payment from their customers.
In addition to these options, Epicor P21 also offers an Advanced Requisitions feature that allows companies to create and manage recurring orders. This feature is especially useful for companies that regularly purchase the same products or services from a specific supplier. With Advanced Requisitions, companies can set up recurring orders and specify the frequency, quantity, and delivery date so that they always have the items they need in stock.
Finally, companies can also use the Contracts and Projects module to manage their recurring B2B billing. This module allows companies to enter into contracts with their customers and set billing terms, prices, and payment schedules. The system automatically creates invoices based on the contract terms, providing a seamless solution for recurring B2B billing.
In summary, Epicor P21 offers multiple options for recurring B2B billing, making it easier for companies to manage their billing processes and provide a seamless experience to their customers. These features not only save time and effort, but also improve efficiency and cash flow for companies. The wide range of options available allows companies to choose the option that best suits their specific needs and optimize their requirements.