Improve decision making, data accuracy, and business efficiency of your subscription company with Salesforce CPQ & Billing reports.
As subscription companies look to capture aggressive growth, efficient systems and reporting will be key in scalability. In order to take advantage of the booming subscription economy, many subscription organizations will need to rethink their Quote-to-Cash technology stack.
A critical question that many subscription companies will need to answer is, “How do we remain ASC606 compliant and report on only the most critical business measures?” Currently, the most difficult hurdles to overcome to answer that question are:
- Deciding what is truly the most impactful data vs. trying to report on every fine detail
- What systems need to be talking to each other to yield that data?
At Neocol, we have worked with our customers to help them answer these questions. With domain expertise in Sales and Finance functions, we help companies visualize their data in one source of truth to drive transformation.
Common reports that we have created for our customers with regards to their Quote to Cash process include (but are not limited to):
- Customer Churn – Revenue Loss (not renewing, downgrading, increases in renewals)
- Quarterly Invoiced Amounts (total, by new & existing, adjustments)
- Deferred Revenue by Contract & SKU (monthly revenue recognition)
- Tax Reporting
- Invoices by Product, SKU, and Country
Each of these has been key to our customers securing a firm, financial grip on their subscription business. Without them, scalability and aggressive growth targets become difficult to achieve.
To hear more about how we guide subscription companies to report on the right data to drive their business, contact us
About Neocol
Neocol helps subscription businesses scale and grow. As a leading Salesforce CPQ & Billing consulting partner, Neocol guides customers on a transformative Quote-to-Cash journey through advisory, implementation, and ongoing success services.
Proactively Prevent Churn 
Prevent customers from canceling or decreasing their subscriptions and related services.
Fuel Product-Led Growth
Position products as the main drivers of customer acquisition, activation, satisfaction, retention, and scalable expansion.
Quote w/ Speed, Accuracy,
& Control
Scale your business with essential controls, accuracy, and flexibility that drive top-line revenue.
Ignite Partner Relationship
Management
Unleash your partner network to
enable growth and provide world-
class service to your customers.
Best-In-Class CX Customer
Experience
Deliver personalized experiences to customers through innovative marketing, sales, service, and engagement strategies.
Unlock Efficient Self-Service
Drive efficiency, reduce costs, and make it easier for your customers to do business with you at any point of their journey.
Automate Revenue
Recognition
Eliminate manual worksheet-driven processes by creating a fully automated, common source of truth.
Harvest Game-Changing
Intelligence & Data
Leverage data and AI across your business to optimize your operating model, supercharge performance, and make informed decisions.
Streamline Billing
& Collections
Automate invoice generation and contract updates to drive efficiencies.
Drive profitable top-line growth selling through your partners
Meet your customers where they want to be met
Simplify the complexity and strain around evolving revenue recognition mandates
Delight your customers by enabling a simple, easy-to-use payments page
