Company Hierarchy
The EarnBill Billing and Revenue Management System offers a sophisticated multi-tenancy capability. It not only allows you to create and manage as many separate business entities as you need but also gives you centralized control over all your customers, products, revenue, and costs. The centralized control can be achieved by leveraging EarnBill’s parent-child company hierarchy. Each tenant (or company) gets a feature-packed billing solution to run their billing operations independently.
EarnBill’s multi-tenancy feature allows for customization to accommodate any specific business requirements. Out of the box, it supports the following business use cases:
Managing the billing and revenue aspect of multiple subentities and subsidiaries is a daunting task for any business. Thus EarnBill brings you a unified and automated solution to overcome the challenges of multi-tenant invoicing so that you can focus on your core expertise and think of various business units and their product offerings to drive growth.
EarnBill enables the parent company (organization, wholesaler) and all of its child entities (subsidiaries, resellers, or associated vendors) with the following features and capabilities:
- Separate product offerings, discounts and pricing strategies.
- Customer and subscription management.
- Separate billing configuration with an automated process.
- Separate branding, invoicing, and notifications.
- Role & permission-based access.
- Separate billing mediation job (with the option of centralized and decentralized mediation).
- Company-specific financial and administrative reports.
- Each company gets full access to all billing functionalities.
- Allows wholesalers to invoice resellers with operating margin.
- Child entities can inherit product offerings from their parent company based on configuration.
- The parent can monitor all of its sub-entities from a single interface
The EarnBill solution helps improve productivity by ensuring greater coordination among different departments and entities. It makes revenue collection easier for all your subsidiaries and gives centralized control over your customers, products, revenue, and costs.
Parent–Subsidiaries Business Model
EarnBill’s company hierarchy offers centralized control over your customers, products, billing operations, revenue, and cost. With this, the parent company can handle the billing and invoicing of its subsidiaries and ensure the overall effectiveness of the entire company. Moreover, each subsidiary (a child entity) gets the flexibility to handle its own billing and other operations; in contrast, the parent company gets a clear picture of the revenue and financial transactions.
Wholesaler – Resellers Model
The EarnBill offers complete billing and invoicing functionality and facilitates smooth transactions between the wholesaler and the resellers. It allows wholesales (as a parent entity) to generate invoices automatically for each reseller, including bulk orders (or large quantities) of products, and the resellers (as a child entity) can run the billing processes and take care of invoicing and payments of their customers.
Independent Business Entities
With EarnBill, you can set up separate business entities without parent-child relationships, each equipped with a dedicated billing job with full access to billing & revenue functionalities. In order to meet the diverse needs of various business organizations, EarnBill also provides a range of customizable choices and out-of-the-box pricing strategies, ensuring flexibility and customized support for each entity’s billing requirements.
Choose EarnBill to unlock the power of Billing and transform your revenue management!