- Description
- Feature
- Usecase
Description
In the telematics industry, a Billing ERP is specialized software that manages the complex revenue cycles associated with "Hardware + Software + Data" business models. Unlike a standard billing tool, our Billing ERP handle the high-volume usage data and reconcile it with recurring subscriptions and hardware costs. Key Billing Models: Subscription-Based (SaaS): A flat monthly Or Yearly fee per vehicle/asset for access to the tracking platform. Usage-Based (Consumption): Billing based on actual IoT data.
Management System delivers benefits:
Inventory Management
Manage Postpaid & Prepaid Billing
Manage Collection of Payments and purchases
Generate MIS: Form-3B, Stock MIS, Ledger
Feature
Automate your invoicing! Accelerate your cash flow
- Inventory Management: Tracks physical inventory (IMEI, Serial Numbers) and manages the initial sale or "Hardware-as-a-Service" (HaaS) leasing.
- Subscription management: A flat monthly Or Yearly fee per vehicle/asset for access to the tracking platform
- Billing Management: Manage Goods & Service Invoices based on the active subscription. Instead of manual calculations, the ERP automatically "prorates" the bill for mid-month activation and deactivation, ensuring accuracy and professional transparency in the next invoice
- Manage VAS Services
- Statutory Compliance: In India, this includes precise GST calculation for both goods (Hardware) and services (Subscriptions).
- Manage Collection, Payments and Settlements with integrated Payment Gatway
- Manage Purchases and Expenses & Generate MIS: Form-3B, Stock MIS, Ledger etc
Usecase
Hardware Amortization & Leasing (The "HaaS" Model)
If a client wants Dashcams/IoT Devices but doesn't want to pay upfront. The system bills a small activation fee and then "amortizes" the hardware cost over a contract period. The ERP automatically splits the monthly invoice into Service Fee and Hardware Instalment, ensuring the hardware asset is correctly depreciated on your books.
Automated "Service Suspension" & Dunning
If A fleet owner hasn't paid their subscription within due date than ERP’s Dunning Management system sends automated reminders. If payment isn't received within credit limit days, the ERP , suspend the account of a non-paying client.
Inventory-Linked Billing
Perfect for retail, wholesale, or manufacturing setups where sales must be tied directly to physical stock levels.
- Real-time Stock Adjustment: Automatically decrement inventory counts the moment an invoice is generated, preventing the accidental sale of out-of-stock items.
- Low-Stock Alerts: Trigger automated purchase orders or notifications to procurement teams when billing activity pushes an item below a specific threshold.
Dealer & Channel Partner Billing
The system tracks which IMEI belongs to which dealer. At the end of the month, it generates the Invoice to each partner based on activations & Deactivations. Based on the Dealer billing ERP the the subscription validity of all active devices/Subscriptions.
