Overview of Zuora Finance
Zuora Finance bridges the gap between complex recurring transactions in the subscription economy and traditional accounting, offering solutions to unique financial challenges.
Zuora is built to process complex recurring transactions and designed to generate vital forward-looking subscription metrics. The general ledger on the other hand is built to process one-time transactions and designed to generate traditional income statements and balance sheets. Zuora Finance enables you to connect the complex world of recurring transactions in the subscription economy with the traditional world of accounting and finance.
Unique set of challenges
1 |
Your general ledger struggles with subscription pricing |
Subscription pricing is complex. You are no longer dealing with fixed, one time item prices. Your business wants to roll out free trials and time based promotions, they want to introduce pricing plans that include charges with varying billing frequencies, they want to create usage and overage based pricing plans and more. |
2 |
Your accounting close process is messy |
Subscription businesses have a higher volume of transactions per order. A single order leads to multiple bills which result in even more payments. This creates complexity during the accounting close process. . |
3 |
Your revenue recognition is complex |
Your subscription pricing models result in complex revenue recognition processes which without automation lead to countless hours of manual processes and audit risk. |
4 |
Your business runs on a new set of metrics |
You are increasingly measuring the health of your business using both traditional financial metrics alongside subscription operational metrics such as MRR, TCV, churn and renewal rates. |
Zuora Finance is designed to let you use Zuora to address these challenges and stay closely aligned with your general ledger.
Zuora Finance complements your general ledger
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Integration with your general ledger
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