Salesforce Billing
Salesforce Billing is a cloud-based revenue management platform built on the Salesforce platform that automates and streamlines billing processes for subscription-based and usage-based businesses. It integrates with Salesforce CRM and other Salesforce products to provide end-to-end revenue operations, from quote to cash, including invoicing, revenue recognition, and payment processing. The platform is designed to handle complex billing scenarios like proration, discounts, and multi-currency transactions.
Developers should learn Salesforce Billing when working for companies that need to manage recurring revenue models, such as SaaS, telecommunications, or media services, as it simplifies billing automation and reduces manual errors. It's particularly useful in scenarios requiring integration with Salesforce CRM for a unified customer view, or when dealing with complex pricing structures like tiered subscriptions or usage-based billing. Using Salesforce Billing can accelerate time-to-market for billing features and ensure compliance with accounting standards like ASC 606.