Zuora Announces its Winter ‘19 Release
Summary
In the Subscription Economy, finance organizations must adopt a new system and evolve billing, collections, and revenue operations to eliminate manual redundancies and enable more efficient growth.Reduced time spent on billing tasks and complex account updates with automated workflows Easier collaboration amongst collection teams to resolve unpaid invoices and at-risk accounts More efficient month end close to meet ASC 606 revenue compliance through disclosure reporting and intelligent exception handling Faster turnaround to create new automated processes, such as applying late fees, calculating usage, or previewing upcoming invoices, using the enhanced workflow user interfaceCollections teams in the Subscription Economy shift from sending one-off emails for delinquent accounts to leveraging tools that prevent revenue leakage and involuntary churn.“Zuora Collect has helped us reduce churn and freed up our sales team so they can focus on new business,” said Margaret De Luna, President of TheStreet.Headquartered in Silicon Valley, Zuora also operates offices in Atlanta, Boston, Denver, San Francisco, London, Paris, Beijing, Sydney, Chennai and Tokyo.