Subscription & Recurring Billing
Monthly, quarterly, annual, and custom billing cycles. Automatic renewals, upgrades, downgrades, and proration. Dunning sequences for failed payments. MRR and ARR dashboards.
Every billing model supported. Every revenue recognition standard automated. Nexus handles subscription, usage, milestone, and professional services billing β with ASC 606 and IFRS 15 compliance built directly into the billing engine.
Key Capabilities
Monthly, quarterly, annual, and custom billing cycles. Automatic renewals, upgrades, downgrades, and proration. Dunning sequences for failed payments. MRR and ARR dashboards.
Metered billing from any usage data source β API calls, seats, GB, transactions, hours. Flexible pricing models: tiered, volume, overage. Usage aggregation and invoicing automated.
Performance obligations identified at contract inception. Standalone selling prices allocated. Revenue recognized as obligations are satisfied β automatically, every period.
Contract modifications, upsells, cross-sells, and early terminations handled correctly under ASC 606. Cumulative catch-up vs. prospective treatment applied based on modification type.
Deferred revenue roll-forward prepared automatically every period. Waterfall report shows what will be recognized in future periods. Board-ready with one click.
ASC 340-40 compliant capitalization of sales commissions and contract acquisition costs. Amortization calculated automatically. Full disclosure support.
How It Works
Contract terms, performance obligations, and pricing entered once. Revenue recognition schedule calculated automatically.
Invoices generated automatically on your billing schedule. Usage aggregated and billed. Customers pay online, by ACH, or by card.
Revenue recognized automatically as performance obligations are satisfied. Deferred revenue cleared. GL updated without manual entries.
ASC 606
compliance without a dedicated technical accounting team
Billing errors
eliminated through automation
Deferred revenue
always reconciled to the GL