Subscription Finance Management
Harness the Financial Details of Every Subscription Event with BluIQ.
Overview
Finance Management
Revenue Recognition
General Ledger and Subledger Integration
Cost and Margin Analyzer
Establish central control of revenue and track the source and history of every financial transaction at multiple levels with connection to your ERP General Ledger.
Overview
One Source of Truth with the BluIQ Unified Platform.
BluIQ’s automated platform gives your finance team the ultimate flexibility to manage contracts, map general ledger codes, recognize revenue, manage taxes and compliance, recapture revenue and access and optimize data.
With BluIQ, you can quickly and easily drill down into the details of deferred revenue, recognized revenue, invoicing and payments, all aligned to your external systems, mapped to GL and subledger codes and compliant with revenue recognition standards
Finance Management
Establish central control of revenue and track the source and history of every financial transaction at multiple levels with connection to your ERP General Ledger.
BluIQ ensures a straightforward, simple reconciliation process with the general ledger. All billing, payment and revenue recognition events generate sub journal entries with data on a detailed level, enabling simplified controlling and ad-hoc analysis and ensuring a solid closing process with accounting periods and synchronization of open and closed states.
- Financial Dashboard & Reporting
- GL Tracking for all Financial Transactions · GL Export
- Payment and Allocation Management
- Online Payment Gateway Interface
- Dunning Triggered Suspension and Reactivation Based on Payment
Revenue Recognition
Automated revenue recognition process, no matter how complex the transaction set or how high the volume.
BluIQ’s revenue recognition engine helps you close the books today, not next month, confidently and without spreadsheets.
By connecting catalog, order, invoicing and allocation, BluIQ automates and expedites the revenue recognition process in compliance with ASC 606 standards.
General Ledger and Subledger Integration
Map to any Accounting Platform, with Rich Transaction Details
BluIQ makes it easy for the finance team to keep the general ledger updated providing an infinitely configurable, rules-based, AR subledger designed for complex transactions.
You can post and recognize revenue in one or more AR subledgers for any monetization model and receive insightful accurate information for high volumes of complex transactions with intelligent aggregation of general ledger transactions.
Full GL Support for Recognition of Transactions
- Define the rules and mapping requirements between the customer charges and your general ledger accounts as you would like them
- Get automatically calculated consolidated journal entries to close the books quickly and accurately
- Work with a complete view in your preferred system by consolidating your journal entries with two-way general ledger sync
- Revenue recognition and tax GL support
Transactions come with rich detail, providing drill down functionality to all related properties making ad-hoc analysis and controlling smooth.
Cost and Margin Analyzer
Margin & Cost Reconciliation
BluIQ’s Margin Analyzer turns data into powerful insights by allowing you to capture cost data at the price plan or order level and reconcile cost data against third party invoice data.
Analyze margins and costs at granular level to help you maximize profit at every stage of the subscription so you can easily see the impact of price changes, volume changes, and discounts at every level and adjust as needed:
- Services and Products Providers and Channels
- Customers
- Invoices
- Periods
- Billing Entities
Understand your business at the detail level with Margin Analyzer
