Simplify complex billing with m3ter’s automation engine
Automating billing operations is crucial in today’s SaaS landscape, with complex subscription billing requirements increasingly the norm. m3ter provides automated billing software that simplifies financial operations, eliminates risk, and enhances efficiency.
Why billing automation is essential for modern billing
SaaS billing is becoming more complicated, particularly with the growing popularity of usage-based pricing. Usage pricing requires you to gather usage data, apply pricing to it, and allocate amounts to invoices taking into account parent/child hierarchies, commitments, and prepayments. That’s too challenging for manual processes - you need to automate to:
Eliminate operational pain: automation means you complete month end cycles in days not weeks, and eliminate errors that generate billing queries.
Stop revenue leakage: software companies with complex pricing typically lose 2-3% of revenue to under-billing. Automation ensures all usage is captured and all pricing is up-to-date.
Reduce compliance and audit risk: automation ensures a strong control environment where revenue is reliably recognised in the right way, and you can prove why bills are as they are to auditors.
Improve customer satisfaction: automation means you can continuously calculate bills and provide running totals for usage and billing to customers in near real time.
How m3ter streamlines billing with an automated billing system—from data to invoice
Usage data management for usage-based billing
Automatically ingest, enrich, and store product usage data. We offer a variety of ingest methods that flexibly fit with your production systems.
Real-time rating engine for accurate invoices
Flexibly configure aggregation, pricing, and billing logic to calculate bill amounts in real time. Full support for all subscription, hybrid, and usage-based models.
Integrate with CRM and ERP
Easily connect with Salesforce, NetSuite, and other Q2C tools to automate flows of contract, billing, and usage data around your revenue stack.
Powerful automation features designed for the billing process at scale
Bulletproof infrastructure for usage data processing
m3ter ingests, enriches, and stores complex usage data so it’s ready for billing.
- Fits flexibly into your architecture
- Low/no need for pre-processing
- Designed for scale - high volumes and velocity
- Stores unaggregated data to enable flexibility,experimentation, and audit
Continuously calculate bills
Support even the most advanced charging models with ease. Flexibly configure for complex scenarios such as prepayments, credit systems, multi-attribute rating, and parent/child hierarchies. Handle high levels of unique pricing plans.
- Define how you measure usage
- Apply complex aggregation rules to create billable metrics
- Configure any pricing logic
- Configure any billing logic
Automate data flows to and from your CRM and ERP
m3ter is specifically designed to work with enterprise quote-to-cash tools such as Salesforce and NetSuite. We plug in easily and automate data flows between them.
- API-first, events-based architecture with pre-built (but extensible) object mappings
- Native integrations for key systems such as Salesforce and NetSuite
- m3ter stays in the background and enables workflows in other systems
Automate your billing with m3ter
Modernise your revenue stack and tame complex billing.
Schedule a demo
Frequently asked questions
What CRMs is m3ter compatible with?
Most of our customers use Salesforce and we offer a sophisticated connector that allows them to flexibly manage custom object mappings and interact with m3ter from within Salesforce. But our flexible integration framework allows easy integration with other CRMs such as Hubspot.
What ERPs is m3ter compatible with?
Most of our customers use NetSuite, SAP, or Sage Intacct. But we also offer pre-built connectors for a range of other ERPs and billing tools such as Stripe, QuickBooks, Xero, Chargebee, and Paddle.
Can m3ter support distribution on AWS Marketplace?
Yes. m3ter’s native integration allows customers to offer exactly the pricing they want on AWS Marketplace without compromise or extra effort.
Does m3ter provide invoicing?
We don’t, by design. m3ter is an infrastructure product - we focus on the things ERP and billing systems don’t do well (usage data processing and complex rating) and then feed them with calculated bill line items. We assume you will already have an invoicing solution in place or will be happy to use a best-in-breed solution like Stripe Invoicing.
Does m3ter support complex revenue recognition?
Yes and no. Yes, because we provide the data needed for sophisticated revenue accounting. No, because we do not provide revenue recognition tooling ourselves - we feed the revenue recognition tools that you already have in place, either as part of your ERP, or a best-in-breed tool.
How much customization is required to implement m3ter?
None. Implementing m3ter is about configuration, not code. That said, we offer highly flexible configuration options that allow you to offer almost any pricing or billing model you can imagine, and we are an API-first platform that supports high levels of automation.
