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What is MaxQ Advanced Revenue Management (ARM)?

MaxQ Technologies has developed an Advanced Revenue Management Suite that features multiple modules aimed at improving billing and payment processes, which in turn enhances cash flow, guarantees billing precision, and elevates customer satisfaction. This suite is designed to work seamlessly with Acumatica, providing a variety of automation tools and flexibility. Notably, ARM’s Advanced Billing is recognized as one of the most flexible and powerful billing solutions on the market, featuring functionalities such as automated invoice creation, proration, and metered billing. Users can conduct an in-depth analysis of their billing and payment operations, examining critical metrics including renewal rates, customer churn, annual recurring revenue (ARR), monthly recurring revenue (MRR), average contract value, product performance, and customer loss, among others. Furthermore, ARM’s Advanced Payments offers comprehensive payment automation, supporting a wide array of payment methods, currencies, processors, and additional features, which ensures a smooth financial workflow for organizations. Overall, this sophisticated suite enables businesses to effectively enhance their revenue management strategies and streamline their financial operations.

What is Chargebee RevRec?

A comprehensive "source of truth" is established for the accounting analysis of customer contract data. It ensures meticulous monitoring of Deferred Revenue from a detailed perspective, offering both roll-forward and forecast views. This platform serves as an intuitive and regulated repository for Revenue Recognition principles, presented with the required specificity. The standalone selling price library (SSP) is a dynamic and easily accessible tool that includes all SSP details at the product level, seamlessly integrated with the pricing catalog. Additionally, it automates the tracking and amortization of deferred commission expenses throughout the expected contract duration. The system identifies all performance obligations while taking into account variable factors as stipulated by ASC 606. Accounting frameworks are required to maintain elevated control standards, which include stringent security protocols, user access controls, built-in balance reconciliations, and preventative strategies to guarantee both completeness and accuracy. Moreover, it enables real-time revenue reporting across multiple dimensions, levels, and time intervals, thus facilitating precise trend analysis and enabling clear communication of any variances. The framework also supports compliance efforts and audit preparedness, ensuring that all relevant standards are met effectively. In essence, this system not only enhances operational efficiency but also strengthens the integrity of financial reporting.

Media

Media

Integrations Supported

Acumatica Cloud ERP
Chargebee
Confident Cannabis
HubSpot CRM
HubSpot Customer Platform
Microsoft Excel
QuickBooks Online
Salesforce
Zoho CRM

Integrations Supported

Acumatica Cloud ERP
Chargebee
Confident Cannabis
HubSpot CRM
HubSpot Customer Platform
Microsoft Excel
QuickBooks Online
Salesforce
Zoho CRM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MaxQ Technologies

Date Founded

1986

Company Location

United States

Company Website

www.maxqtech.com

Company Facts

Organization Name

Chargebee

Date Founded

2010

Company Location

United States

Company Website

www.chargebee.com/revenue-recognition-software/

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Publishing and Subscriptions

Advertising Management
Books
Campaign Management
Catalogs
Circulation Management
Content Management
Layout & Design
Magazines
Newsletters
Newspapers

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Categories and Features

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