January 2024 Product Notes

It's been an exciting January for the MonetizeNow team.  We’ve added several new features to further elevate your monetization strategy and make your team's lives easier.  

🌟 New features

Upfront Invoicing of Multi-year Deals.

‍Invoice upfront for any length of contract, be it annual, 2 years, or even 15 months.  

• Why we built it: Improves cash flow timing and minimizes risk of non-payment.  
• Expert tip: Pair with a ramp to bake in your customer’s growth.  
• See docs for more detail.
  

Price Uplift on Renewal.

Pre-agree with your customer on price increases at renewal.

• Why we built it: Inflation not only eats away at buying power for individuals, but also companies.  Grow NDR by setting expectations with your customer that prices increase at renewal.  
• Expert tip: Pair with auto-renewal.  
• See docs for more detail.

Auto-Renewal Configurability.

Set contracts to auto-renew and MonetizeNow will process them automatically. 

CRM Field Mapping, Custom Fields, and Conditional Terms. 

Percent of Total Pricing Model

‍Price subscription products as a % of the price of other product(s) on the quote.

• Why we built it: Companies commonly have products priced as a % of other products, most commonly Support.  Sales Reps shouldn’t have to worry about that math when it can be automated.  
• Try it: Try adding a SaaS and a percent of total product to a new quote, process the quote, and then amend the contract to add more licenses.  The amendment quote will automatically increase the price of the percent of total product! 
• See docs for more detail.  
  

📢 Announcements

Are you on the latest MonetizeNow Salesforce or HubSpot connector?  

We continue to update our CRM connectors to increase reliability and enable access to new MonetizeNow features (e.g. CRM field mapping) mentioned above.  Take a moment to check that you’re on the latest version.  

• Salesforce: V0.36
• HubSpot: no need to check - updates automatically
  

We’ve updated our docs! 

To make it easier for you to find what you’re looking for, we’ve reorganized around use cases including adding a new solutions section to help you find what you’re looking for faster.  We’d love your feedback! 

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About MonetizeNow

Founded in 2021, MonetizeNow is revolutionizing GTM operations for B2B SaaS Enterprises of any size. At MonetizeNow, our mission is simple: to make B2B commerce completely frictionless and provide a delightful experience for your customers to do business with you. 

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Our innovative platform combines Quoting/CPQ, Metering, Billing, and Reporting, to deliver a truly plug-and-play Quote-to-Cash experience across all sales channels.

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It’s time to empower your Sales, RevOps, and Finance teams with an all-in-one solution that will revolutionize your entire business. Reduce manual tasks, allowing a stronger focus on strategic pricing and innovative GTM strategies. Generate complex quotes quickly and enjoy full automation of your billing processes. Easily handle proration, co-term agreements, and renewals for seamless operations.

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Get back to focusing on value. If you can build it, you can sell it with MonetizeNow.

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If you’re interested in learning more about MonetizeNow, please check out our product page or schedule a demo.

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