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<img src="https://trusty-callous-nut.media.strapiapp.com/Lifecycle_Manager_Easy_customer_changes_daa0754dd5.png" alt="Lifecycle Manager - Easy customer changes.png" />
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Lifecycle Manager provides a real-time, unified, and holistic view of revenue and customer lifecycles, allowing for immediate actions to drive revenue growth, prevent revenue leakage, and reduce churn.
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SAN FRANCISCO, Calif, September 10, 2024 - Nue, the Revenue Lifecycle Platform, today announced key enhancements to its Lifecycle Manager product. These enhancements include actionable revenue intelligence, new billing capabilities, and additional features to easily manage customer changes across subscriptions, assets, entitlements, usage, credits, credit memos, invoices, payments, and revenue contracts.
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SaaS companies are facing widespread losses in revenue efficiency
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As companies adopt hybrid revenue models and customers favor omni-channel buying options, revenue lifecycle management &mdash; particularly for recurring revenue &mdash; is becoming more complex. Changes in customer lifecycles are multidimensional, unfolding concurrently across subscriptions, physical goods, usage, and services. But most platforms are not built to easily manage changes. They are disjointed across sales and finance, hard to configure across pricing, quoting, and billing, and require expensive system integrators to stitch things together. This all contributes to widespread revenue leakage and losses in revenue efficiency.
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Lifecycle Manager empowers companies to continuously optimize revenue lifecycles
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Nue&rsquo;s Lifecycle Manager is purpose-built for the next era of revenue lifecycle management, where agility and actionable insight are table-stakes. With an out-of-the-box UI, sales and finance teams can easily and accurately identify opportunities to improve retention and expansion strategies, reduce downgrades or churn, and fix revenue leakage.
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Lifecycle Manager is the centerpiece of the company&rsquo;s Revenue Lifecycle Platform, which includes its award-winning CPQ (that includes flexible pricing, discounting, and bundling for every revenue model), Everything Billing (that includes usage rating and billing), and Revenue Lifecycle Intelligence (that leverages a unified data model to give accurate revenue analytics).&nbsp;
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With Lifecycle Manager, companies can:
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<ol>
<li style="font-weight: 400; line-height: 1.5;" aria-level="1">See the entire revenue lifecycle of a customer: Lifecycle Manager helps teams get a deeper understanding of customers by showing every transaction across subscriptions, assets, entitlements, usage, credits, invoices, credit memos, payments, and revenue contracts &mdash; all in one dashboard.</li>
<li style="font-weight: 400; line-height: 1.5;" aria-level="1">Easily manage customer changes: Sales, RevOps, and Finance get a prepackaged, Amazon-like interface and API that accurately feeds into billing and revenue recognition. They can easily manage all changes along the customer journey, such as upselling, cross-selling, price adjustments, co-terming, renewals, reconfigurations, and cancellations. </li>
<li style="font-weight: 400; line-height: 1.5;" aria-level="1">Get real-time, predictable revenue streams: Go-to-market teams see the continuous flow of revenue across upsells, cross-sells, downgrades, and account hierarchies, including all subscription-related revenue. This view highlights opportunities for recurring revenue and revenue growth, as well as potential risks for revenue loss.</li>
</ol>
Nue&rsquo;s latest releases in Lifecycle Manager include:&nbsp;
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<ul>
<li style="font-weight: 400; line-height: 1.5;" aria-level="1">Pre-built reports and dashboards: Robust, out-of-the-box analytics &mdash; including pipeline, booking, and billing and collections.&nbsp;</li>
<li style="font-weight: 400; line-height: 1.5;" aria-level="1">Actionable billing features: Teams can send invoices that unify all purchases across subscriptions, usage, physical goods, and services, easily apply credits to invoices, and bill customers based on key service milestones.&nbsp;</li>
<li style="font-weight: 400; line-height: 1.5;" aria-level="1">Additional advanced lifecycle features: Teams can leverage price adjustments, credit prorations, credit cashouts, and conversions between evergreen and termed subscriptions.</li>
</ul>
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Customer and Nue perspectives:&nbsp;
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<blockquote>
&ldquo;Implementing Nue&rsquo;s Lifecycle Manager has been game-changing for us,&rdquo; says Trent Walklett, CFO at SCLogic, which combines software, hardware, and services for facilities management. &ldquo;The automatic calculations have streamlined expansion and renewals for us. With the ability to get automated Revenue Contracts from the RightRev integration and instant invoices in Nue&rsquo;s Billing, we get revenue visibility and automation we didn&rsquo;t have before on the expansion side.&rdquo;
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&ldquo;One of the big reasons we chose Nue is because of their Lifecycle Manager,&rdquo; says Julian Hannabuss, Director of RevOps at Procurify. &ldquo;All our multiple pricing models, the tricky configurations, the complicated co-terming&mdash;they simply run in the background with Nue&rsquo;s pricing engine. Legacy customers on an old pricing model are managed without any complicated, manual processes &mdash; all with accurate data flowing back to the Finance team for invoicing and analytics.&rdquo;
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&ldquo;More and more companies are migrating from Salesforce CPQ and Stripe Billing to Nue. They are able to keep the automations and customizations that they have built in Salesforce, while dramatically improving their rep experience and pricing flexibility while lowering their TCO,&rdquo; says Mark Walker, CEO of Nue.
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&ldquo;Customer LTV is a critical currency for companies, yet traditional quote-to-revenue tools with black-box pricing rules come in the way of driving this metric,&rdquo; says Tina Kung, CTO and Co-founder of Nue. &ldquo;Nue&rsquo;s Lifecycle Manager is the connecting thread between our CPQ and Billing products. It is packed with a set of tools that help teams easily deliver dynamic customer journeys through creative pricing; a UI built for business users that feels like an Amazon check-out experience for upsells, renewals, and changes; billing that aligns sales and finance teams; and revenue visibility that empowers both customers and companies.&rdquo;
</blockquote>
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About Nue
Nue is an easy-to-manage, omni-channel Revenue Lifecycle Platform designed to meet the needs of the modern business to innovate and manage their customer revenue lifecycles end-to-end. With Nue, all go-to-market teams can accelerate sales with innovative pricing models and streamlined processes (across both direct sales and self-service commerce) so that companies can easily manage quotes to orders to renewals to billing &ndash; all the while delivering accurate analytics to Finance. Learn more at <a href="http://nue.io/">nue.io</a>.

Nue’s Revenue Lifecycle Platform expands with enhancements to Lifecycle Manager, unlocking the next era of customer and revenue journeys

<img src="https://trusty-callous-nut.media.strapiapp.com/Nue_Press_Release_Header_b5dc89de7b.png" alt="Nue Press Release Header.png" />
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With CPQ and Billing under one platform, Nue empowers go-to-market teams with pricing and billing agility
 
SAN FRANCISCO, Calif, May 29, 2024 - The end-to-end Revenue Lifecycle Platform <a href="https://nue.io/">Nue</a> today announced its &ldquo;Everything Billing&rdquo; product to unify and accelerate finance operations across every B2B revenue model - including direct sales and product-led growth, subscription and usage-based pricing, and bundling across software, physical goods and services.
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Fragmented billing hinders go-to-market acceleration
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B2B companies are increasingly moving toward hybrid revenue models as a way to increase market share. However, billing systems have not been able to keep up. Many are built for limited use cases (subscription only, PLG only, or usage only), and are built outside of CPQs. This has created fragmented billing operations, which excludes companies from the full revenue advantages of hybrid models. Any changes in channel or pricing require constant manual intervention from finance to ensure alignment between the price, quote, final bill, and revenue recognition.&nbsp;
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The CPQ/billing disconnect also means CFOs have an unclear picture of revenue and the full value of customers across upsells and cross-sells. With finance needing to pivot between multiple systems, it is nearly impossible to accurately forecast, budget and react quickly to industry changes.
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&ldquo;The biggest mistake we see companies make is using separate systems for each step in the customer lifecycle,&rdquo; says Nue CEO Mark Walker. &ldquo;Sales chooses a CPQ, finance chooses a billing system, engineering builds a PLG experience on Stripe &ndash; and then they try to get them working together only to bloat operational costs. With Nue, everything is unified. We bring all revenue models under one quote-to-revenue platform, one unified data model and single pricing engine. The minute you can quote across any revenue model, you can bill.&rdquo;&nbsp;
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Everything Billing Accelerates Finance with Agile and Unified Operations
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Everything Billing is an enterprise-grade engine built for all revenue models, pricing complexity and billing agility, without creating messy data in the process. Seamlessly integrated into Nue&rsquo;s Salesforce-native CPQ, it embeds billing operations into every go-to-market team&rsquo;s routine workflows and liberates finance from constant manual data entry. The minute a quote is generated, Everything Billing takes over, moving finance teams toward more sophisticated billing by delivering:
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<ul>
<ul>
<li style="font-weight: 400;" aria-level="1">Unified invoices for subscriptions, usage consumption, physical goods, and milestone-based services, with an instant preview of the invoice the minute a quote is generated - giving customers full and upfront transparency into their actual bill.</li>
<li style="font-weight: 400;" aria-level="1">Real-time usage quoting, rating and billing visible in Salesforce CRM.</li>
<li style="font-weight: 400;" aria-level="1">Automatic adjustment of invoices with a full audit trail to reflect expansion revenue, mid-term changes to subscriptions, and usage consumption.&nbsp;</li>
<li style="font-weight: 400;" aria-level="1">Rapid-fast, automated and flexible billing runs (without the need for manual billing schedules) across subscriptions, usage billing, milestone-based billing and one-time billing. Finance teams can also easily split quotes into multiple orders that can be fulfilled and billed separately.</li>
<li style="font-weight: 400;" aria-level="1">Complete ASC606 compliance while accurately billing and recognizing revenue across every model </li>
<li style="font-weight: 400;" aria-level="1">Seamless integration with Stripe, Taxations, and ERPs through an intuitive data model </li>
<li style="font-weight: 400;" aria-level="1">Real-time revenue analytics across pipeline, bookings, ARR momentum, and billing and collections.</li>
</ul>
</ul>
&ldquo;Nue is one of the most robust, thoughtful, end-to-end billing and quoting solutions we&rsquo;ve seen,&rdquo; says Jake Romphf, Director of Business Technology at Bench Accounting - North America&rsquo;s largest bookkeeping provider for small businesses. &ldquo;With Everything Billing, our billing processes &ndash; which are complex and high velocity &ndash; are now more agile, much simpler and faster to run. There is no gap between our Salesforce and billing data. It is a game-changer for our go-to-market - we now also get comprehensive analytics spanning the entire quote-to-cash process, from bookings, to billings, to RevRec.&rdquo;&nbsp;
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About Nue
Nue is an easy-to-manage, omni-channel Revenue Lifecycle Platform designed to meet the needs of the modern business to innovate and manage their customer revenue lifecycles end-to-end. With Nue, all go-to-market teams can accelerate sales with innovative pricing models and streamlined processes (across both direct sales and self-service commerce) so that companies can easily manage quotes to orders to renewals to billing &ndash; all the while delivering accurate analytics to Finance. Learn more at <a href="http://nue.io/">nue.io</a>.

Nue’s “Everything Billing” delivers agile billing for every B2B revenue model

Nue makes it easy for companies to grow faster and reduce costs by automating new pricing and business models with unprecedented ease of use on the Salesforce platform.&nbsp;
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San Mateo, CA, May 23, 2023 - <a href="https://www.nue.io/">Nue.io</a>, the leading quote-to-revenue platform, announced today that it has raised $9 million in seed extension funding to expand its product offerings and accelerate growth. The funding round was co-led by Bluefish Ventures and Penny Jar Capital, with participation from NJP Ventures and Operator Stack and existing investors Information Venture Partners and NextWorld Capital. 
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Nue's platform offers innovative pricing, sales, and finance tools on the Salesforce platform that help businesses be agile so they can drive new revenue and retain customers in an increasingly dynamic economy. With this latest funding round, the company has raised a total of $15 million.
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Nue&rsquo;s quote-to-revenue platform is designed to help businesses of all sizes launch hybrid pricing strategies, deploy integrated direct and product-led growth sales motions, and automate their sales and finance processes in Salesforce. Nue helps businesses generate quotes, manage expansion revenue, and bill customers more efficiently, while providing real-time revenue analytics. With these tools, businesses can optimize their pricing and sales strategies, improve their cash flow, and reduce their operating costs.
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Nue plans to use the funding to expand its product offerings and build out its sales and marketing teams to drive the adoption of its platform among more businesses. The company's unified solution, which uplevels traditionally cobbled together CPQ, billing, and custom code solutions, is a game-changer for companies looking to accelerate their sales and finance operations.
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&ldquo;Our mission at Nue is to help businesses innovate and thrive with powerful quoting and billing that are easy to deploy and use without complex consulting or large internal teams,&rdquo; said <a href="https://www.linkedin.com/in/markwalker/">Mark Walker</a>, CEO of Nue. &ldquo;With this new funding, we can respond to the incredible need in the marketplace and continue to innovate and enable our customers to respond quickly to the needs of&nbsp; their customers.&rdquo;
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&ldquo;Nue&rsquo;s complete quote-to-cash subscription management, invoicing, and payments solution, built into Salesforce, is amazingly good. Their modern take on CPQ has really helped us launch new pricing models and manage customer lifecycles. We can migrate customers onto new pricing and products easily and efficiently,&rdquo; said <a href="https://www.linkedin.com/in/julianhannabuss/">Julian Hannabuss</a>, Director of RevOps at Procurify. &ldquo;It&rsquo;s also been a great catalyst - helping us improve the way we do business, streamline our operations, and become a far more efficient organization across all our revenue teams.&rdquo;
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&ldquo;Nue gives our AEs and RVPs the ability to rapidly adjust pricing. It&rsquo;s the easiest and fastest platform I&rsquo;ve ever used - and I&rsquo;m pretty sure I&rsquo;ve used them all over the years. That flexibility and &lsquo;rapid reaction time&rsquo; is crucial in today&rsquo;s challenging and competitive economic environment!&rdquo; says <a href="https://www.linkedin.com/in/shepmaher/">Shep Maher</a>, CRO of Betterworks.
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&ldquo;We are thrilled to support Nue as they continue to innovate and deliver new solutions for businesses in these challenging times,&rdquo; said <a href="https://www.linkedin.com/in/alex-millar-5250891/">Alex Millar</a>, General Partner, Bluefish Ventures. &ldquo;We see a deep need for a unified solution that uplevels traditionally cobbled together CPQ, Billing and custom code solutions. Nue&rsquo;s platform is a game-changer for companies looking to improve their sales and finance operations, and we are excited to see what they will accomplish with this new funding.&rdquo;
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About Nue.io
Nue is the leading quote-to-revenue platform, designed to help businesses of all sizes automate their sales and finance processes. With features such as automated pricing and quoting, sales enablement tools, financial reporting and analytics, and usage-based billing, Nue&rsquo;s platform empowers SaaS businesses to optimize their pricing and sales strategies, improve their cash flow, and reduce their operating costs.
For more information, visit <a href="https://www.nue.io/">Nue.io</a>.

Nue.io Raises $9 Million in Seed Extension to Help Companies Respond to a Dynamic Economy with Innovative Pricing, Sales, and Finance Tools

Startup aims to reinvent the revenue lifecycle for the modern business
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SAN FRANCISCO, June 15, 2022&nbsp;&nbsp;&mdash;&nbsp; <a href="https://www.nue.io/">Nue.io</a>, a revenue lifecycle platform built for modern SaaS businesses, today announced the closing of a $6 million seed round led by Information Venture Partners with participation from NextWorld Capital, SVTech, Bluefish and a group of established technology angel investors. The funding round will allow Nue to help companies innovate and manage customer revenue lifecycles end-to-end with real-time analytics.
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Modern SaaS companies rely on complex product models and pricing structures (discounts, promotions, tiers, ramp, renewals, etc.) to generate revenue, but traditional RevOps tools such as CPQ, billing or custom code solutions don&rsquo;t work for all the ways modern companies need to engage their customers and grow revenue.&nbsp;
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&ldquo;I tried to solve this problem for my customers with traditional CPQ and billing providers,&rdquo; says Nue co-founder Tina Kung. &ldquo;I kept thinking, &lsquo;Why can't enterprise selling be as simple as selling and buying on Amazon?&rsquo;&rdquo;
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Most SaaS businesses use a patchwork of point solutions that are cumbersome, fragmented and can&rsquo;t provide a consolidated view of revenue from sales (CRM) into finance (ERP). Adding new sales channels (partner, direct or self-service) often means spinning up parallel processes with different tech stacks for quoting versus self-service. Testing innovative pricing models usually involves hard-coded deployments. Order changes almost always mean multiple manual exercises to make sure the order is correct, financial co-terminations are accounted for, provisioning happens, and Rev Rec works, and revenue details don&rsquo;t get reconciled until the end of the line in finance.&nbsp;
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&ldquo;It became clear when talking to SaaS companies that they needed a new approach to let RevOps teams not just operationalize their sales processes, but really innovate,&rdquo; explains Nue co-founder Kate McCullough. &ldquo;This means bringing your customer along a lifecycle, where you can land and expand your business with them and then offer revenue analytics every step of the journey, from sales to finance.&rdquo;
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With the launch of Nue, Kung, McCullough and the rest of the Nue team have arrived at a solution for modern SaaS companies.&nbsp;
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<ul>
<li style="font-weight: 400;" aria-level="1">&ldquo;There's a clear need for an omni-channel solution that can look at this holistically and provide the best experience for the customer,&rdquo; concludes angel investor Sunil Madan, CIO of Birdeye and former CIO of Zoom.</li>
</ul>
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<ul>
<li style="font-weight: 400;" aria-level="1">&ldquo;Nue is building critical infrastructure for today's modern revenue lifecycle, finally unifying sales and finance teams with accurate, real-time visibility from opportunity to cash,&rdquo; says Rob Antoniades, Co-Founder and General Partner of Information Venture Partners. &ldquo;We're excited to invest in this team as they bring their passion and deep domain experience to modernizing how revenue is managed inside organizations today.&rdquo;</li>
</ul>
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<ul>
<li style="font-weight: 400;" aria-level="1">&ldquo;Nue&rsquo;s revenue lifecycle management allows us to manage (everything) from that initial new business quote through co-terming, upsells, expansion revenue, all the way through renewal opportunities &mdash; all in one place,&rdquo; says Nue customer Eric Portugal Welsh, Director of Revenue Operations at Demostack.&nbsp;</li>
</ul>
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<ul>
<li style="font-weight: 400;" aria-level="1">&ldquo;Billing must be elevated to something across the departments&rdquo; says board member Cheng Zou, former CTO and Cofounder of Zuora. &ldquo;In this new market name, we call it revenue lifecycle management. So holistically a company can make the best revenue decisions.&rdquo;</li>
</ul>
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About Nue Nue is an easy-to-manage, omni-channel RevOps platform designed to meet the needs of the modern business to innovate and manage their customer revenue lifecycles end-to-end. With Nue, RevOps teams can accelerate sales with innovative pricing models and streamlined processes (direct and self-service commerce) so that companies can easily manage quotes to orders to renewals to billing &ndash; all the while delivering accurate analytics to Finance.&nbsp; Learn more at <a href="http://nue.io">nue.io</a>.
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<a href="https://www.accesswire.com/704934/Nueio-Announces-Closing-of-6M-Seed-Funding-Round">Press Release on AccessWire</a>