Subscription billing helps in sending bills to customers on a periodic basis, improving productivity of the invoicing process. This helps in retaining long term clients.
The feature helps in adjusting for payments received in advance. The credit balance can be carried forward for future subscriptions.
Auto billing profiles help in automatically receiving client payments online. The feature is useful in getting paid as and when the invoices becomes due.
Due date and late fee can be added to recurring invoices for getting paid on time. Payment reminders can also be set for automatic reminders.
Subscription billing can be customised to integrate with existing CRM software for better client management and retention.