Nitrobox Winter 2023 Product Update
Expanding the scope of billing and monetization features in the Nitrobox Webportal
Nitrobox had an incredible 2022 and was awarded as part of the Deloitte Fast 50, Germany, for the third year in a row which makes us really proud. We launched several significant new features and updated many more. To provide our users with an even better self-service experience, we continued to expand the functionality of the Nitrobox Webportal as well.
Cool new features
Create Plans with multiple Phases
To kickoff our feature updates and releases, we want to highlight a feature that will further enable our clients to create sophisticated digital business models. We call our newest solution Multi-phases. It allows users to configure and schedule the lifecycle stages of a contract with a variety of phases and to define the type of transition required between phases.
For example, in the image below, there are 3 phases with auto renewal after 24 months. The first phase is a free trial, which after 3 months becomes a reduced contract, which after 9 months becomes a full-price contract. At the end of the phase, the contract is then renewed for a further 12 months at the full price if it is not cancelled beforehand. By the way, this feature can also be used to offer discounts based on customer variables, not just time.
Learn more about the Multi-phase feature in the Nitrobox documentation.
"Quality of Life" Options Management Update
To create an even better experience for billing digital business models, a key focus was on expanding the option management. The new option management now allows users to:
Manage OPOS directly in the Webportal
As we push to make our accounting solutions more self-service, we are consistently releasing essential UI/UX updates to our webportal so that users can manage their accounts receivable without the assistance of developers. OPOS management is one such feature. With the OPOS management update users can now:
Further Updates and Improvements
Properties search feature release
The search function has now been extended to “Properties”. These are optional user-defined data fields that can be listed on customer documents such as contracts or invoices, or used for reporting purposes. The updated search allows users to search and filter their custom properties, which highly customizes the search.
Learn more about Properties and the Filter functions in the Nitrobox documentation.
Dunning feature update
Dunning documents can now be accessed as PDF files in the webportal, which were previously only accessible via API. This helps users see the current customer and dunning status at a glance and view all related documents such as payment reminders, first reminder and second reminder etc.
Document aggregation is now also accessible in our Webportal. This feature allows users to make additional sums visible on invoice documents. This involves calculating and displaying amount values of invoice elements such as item groups, gross, net, tax amounts, discounts and many more to make documents more informative and customer friendly. A simple example: displaying the totaled 7% and 19% tax amounts (Germany) below the invoice total to see the tax amounts at a glance.
Learn more about document aggregation in the Nitrobox documentation.
Try the new features
If you haven’t gotten started with Nitrobox yet, now is the time. Click the button below to get started with a 30-day free trial and product orientation and demo. We’re looking forward to hearing from you.