Keep up with the Cloud game - Expand Sales Module to cater for Annuity Type Sales
Hi, Team,
Before I go out and purchase another software package just to manage this
revenue stream, it would be great if Dear could look at expanding the
sales module to cater for Annuity Style Business with Monthly Recurring
Revenue. On face value it could be as simple as selecting a 'New Annuity Sale',
that would allow you to build a SO as normal now, but to have facility to add
details such as; Contract Term, Up Front Payments/Commissions, and Monthly
Recurring Payments/Commissions.
This type of sale would stay in some kind of active status for the term of the
contract (and beyond if renewed) and be able to track and capture
payments/commissions paid to us by the vendor and payments/commissions paid
from us to our reseller partner, automated through the Xero integration and
Xero's repeating Bills to Pay function. Also nice to be able to provide details
relating to anniversary milestones, such as renewal dates and pre-renewal date
reminders.
In the technologies we play with, more and more Cloud propositions are
emerging, so this is becoming a bigger part of our business (currently 6
different streams of Annuity style business - and Dear can't manage any!) – not that I have to explain the
Cloud play to Dear ;) – but hoping you can put something on the roadmap (quickly!) to cater
for this?
Cheers,
Cam.