Bluefort
Newsroom.

A preferred solution on Microsoft AppSource, Bluefort’s LISA BusinessPro enables you to modernise, automate and optimise your licencing and subscription processes. LISA BusinessPro is purpose-built in Microsoft Dynamics 365 Finance and operates seamlessly with Microsoft Dynamics 365 Supply Chain Management and Commerce. We’re proud to share new features available now in addition to the already-powerful capabilities of LISA BusinessPro: LISA BusinessPro ships with a variety of different features which enable different revenue and cost recognition strategies to be implemented across a variety of different business models. Moreover, enabled through the flexibility of its Subscription Action Framework and delivered by experienced and knowledgeable functional and technical professionals in the subscription industry, more advanced features are being added to ensure the right level of automation and compliance is delivered across different organisations thus make the product a live eco-system with continuous customer input and value delivery not a static set of functions. LISA BusinessPro’s journey in compliance automation continues with the new upcoming LISA BusinessPro feature where the product is able to automate the functionality of the new “Revenue and expense deferrals” sub-module within the recently-acquired “Subscription billing” module by Microsoft. This gives solution architects from partners and customers implementing LISA BusinessPro to merge together the logic that comes with “Revenue and expense deferrals” and thus the related investments and efforts from Microsoft with the unrivalled subscription automation features which ship with LISA Business Pro. You can review a preview of this functionality in the video below. Furthermore, by virtue of  the integration exposed via the automation features, this functionality thus allows “Revenue and expense deferrals” functionality to be triggered directly from within Dynamics 365 Customer Engagement (CRM) apps without even having to visit the Finance and Operations U.I. The above is not alien to LISA BusinessPro. From the outset, the strategy around LISA BusinessPro was to leverage and automate functionalities in other standard modules such as the General, Sales and Purchasing Ledgers, Revenue Recognition, Asset Management, Commerce and many more so these set of features being announced in this roadmap are in line with this strategy. We try to avoid re-inventing the wheel and focus on best practices and automation. The same strategy also applies to other products in the LISA suite such as those automating processes in Dynamics 365 Business Central (LISA Business) and Dynamics 365 Customer Engagement Apps (LISA Reach) We plan to continue releasing further features in this area and thus, in this way, the LISA BusinessPro product footprint continues to grow along with further investments done by Microsoft in the area of subscriptions and deferrals. I hope this video gets you as excited as we are about the LISA BusinessPro roadmap. Want to see how the above works. Reach out below for a demo.

LISA (License and Subscription Automation) is a subscription management product suite, built to handle quote-to-cash-to-lifetime customer experiences. The suite boasts 3 product options: LISA Business – built on Microsoft Dynamics 365 Business Central and is targeted towards SMB clients. LISA BusinessPro – built on Microsoft Dynamics 365 Finance & Operations and is targeted towards mid-market and Enterprise clients. LISA Reach – build on Microsoft Dynamics 365 Customer Services and is primarily targeted towards managing sales processes (such as quotes and managing sales teams) for businesses of all sizes.   HARP (Hyper Automation Rapid Processing) is a hyper automation platform and the engine driving the automation in the LISA product suite with potential for hyper automating more business processes. Commenting on the new product launch, Bluefort CEO, Edward Borg Grech remarked “We are very proud to announce our new product suites aimed at helping businesses automate recurring tasks, improve service delivery and reduce customer churn, at a time of shortage of manpower and substantial inflation.” Click here to open up my calendar and find the right date and time for us to have a chat.

A preferred solution on Microsoft AppSource, Bluefort’s License and Subscription App (LISA) enables you to modernise, automate and optimise your licencing and subscription processes. LISA is purpose-built in Microsoft Dynamics 365 Finance and operates seamlessly with Microsoft Dynamics 365 Supply Chain Management and Commerce. We’re proud to share new features available now in addition to the already-powerful capabilities of LISA: Post actions in batch - It is now possible to post firmed actions in batch. You can configure a flexible query and recurrence which suits the business' needs for automatic posting. Keep in mind that with flexible query configuration, there are some exceptions: Request for deposit payments - These should be posted and settled when customer payment is actually received and not via an automated batch process. Request for subscription security payment - These should be posted and settled when customer payment is actually received and not via an automated batch process. Renewal actions - Posting is not applicable for renewal actions. Project hours entitlement - These are automatically posted once they are fully consumed. Product entitlements - These are automatically posted when fully consumed. Per-month scheduled recognition - On the scheduled recognition table (linked to a billing posting profile) there is a new flag "Post per month". When this is set to true, posting of revenue recognition for that cycle will be further broken down per-month. This does not affect subscription plans where the billing cycle is set to monthly. Accrued discounts - It is now possible to also accrue sales discounts based on a new configuration available on the billing posting profile Contract-level renewal actions – Previously, it was possible to setup line renewals. We’re excited that subscription business can setup renewals on the contract level. Keep in mind that renewal actions are still linked to subscription plan lines and ALL must be firmed in order for the contract to auto-renew. This fantastic feature also works in conjunction with (and not independent of) the "Renew-to-self" and "Next-subscription-plan" capability. Contract-level renewal actions is made possible through a new flag on the subscription plan line titled "Contract renewal notice". When this is enabled, a renewal notice action will be generated for each active line in this subscription plan. All renewal notice actions for all subscription plan lines must be firmed in order for the renewal to be processed. Automatic renewal also requires the “renew to self” flag to be enabled or “next subscription plan” to be filled in. Legacy subscription plan fields - Two new fields can hold legacy reference information and now available on the subscription plan. Actions clean-up routine – maintenance is greatly enhanced through this great feature. It is now possible to bulk delete posted or cancelled actions linked to cancelled subscription plans. Are you ready to modernise your subscription management processes and scale up? Contact us here for a meaningful discussion about supportive technologies that drive subscription success. Click here to open up my calendar and find the right date and time for us to have a chat.

A preferred solution on Microsoft AppSource, Bluefort’s License and Subscription App (LISA) enables you to modernise, automate and optimise your licencing and subscription processes. LISA is purpose-built in Microsoft Dynamics 365 Finance and operates seamlessly with Microsoft Dynamics 365 Supply Chain Management and Commerce. We’re proud to share new features available in the October 2020 release in addition to the already-powerful capabilities of LISA: Master Contracts – we’re excited that customers can now group subscriptions into a Master Contract. Vendor Contracts – Need to manage supplier subscription contracts? It is now possible to create vendor-only contracts from the brand-new vendor contract cockpit! Product linked templates - It is now possible to link subscription templates to a released subscription product. When this product is added to a plan as a plan line, the linked templates are created as plans for the same customer or customer master contract. Copy lines function – Need to copy from one subscription plan into another? It is now possible to copy plan lines from another subscription plan line without copying the header. Rounding – Easily manage rounding on a plan as well as on individual line level. Improved add-ons functionality – Do you have complex subscription plans with additional “add-ons” customers can subscribe to? We’ve improved Add-Ons functionality with an Icon, and you can also specify the add-on percent based on the full parent-amount or discounted parent-amount, etc. Churn reason code – We’re all human and sometimes humans make mistakes. Easily distinguish between user errors and customer cancellations. It is now possible to define the Churn reason code. A reason code must be provided when cancelling a plan in order to manage churned plans separately from cancellations due to user errors. This feature improves analytics on customer churn. Credit note function – Sometimes Credit Notes are necessary in the subscription business. It is now possible to create a credit note from a specific date for one or more selected subscription plan lines. Plan line Billing Posting Profile - It is now possible to override the header Billing Posting Profile with a Billing Posting Profile on the plan line level. Automatic Billing Posting Profiles - It is now possible to set automatic posting profiles per Billing Posting Profile which are automatically selected based on the number of remaining months in a cycle. Revenue recognition enhancements – Users now have the capability to specify manual revenue and cost recognition amounts on the plan line if needed. Default order settings on customer - When firming an action of type: “Sales Order" or “Purchase Order”, the logic can link to the default Order settings on the Customer, if not set on the Item level. This provides greater flexibility for streamlined management of subscriptions. Quotation and Project line details - Creating Quotation lines and Project Work Breakdown Structure (WBS) line details for a subscription item is now more flexible. We've also made some minor enhancements to data jobs to be executed.Are you ready to modernise your subscription management processes and scale up? Contact us here for a meaningful discussion about supportive technologies that drive subscription success. Click here to open up my calendar and find the right date and time for us to have a chat.

The subscription economy has outperformed every leading market growth indicator in terms of revenue growth for more than five years, leading more and more businesses to re-evaluate their business models. However, the increased administrative tasks associated with a subscription model can be burdensome and negatively impact adoption, with unrealised revenue and manual intervention crippling its success. Bluefort’s innovative Licence and Subscription Management App (LISA) offers a simplified approach to these problems within the familiarity of Dynamics 365. LISA has now been added to Nexer Dynamics’ portfolio of products and services, offering its clients a smarter and more elegant way to manage their license subscriptions or managed services business model. “We’re excited to partner with Nexer Dynamics on this initiative. The Bluefort LISA is embedded within the Dynamics 365 framework and delivers significant value to customers who are managing subscriptions”, said Shaun McKay, Director of Operations at Bluefort UK. Thanks to the partnership, Nexer Dynamics can now help clients across all industries to simplify and improve every aspect of subscription management, including process automation, data analytics, customer experience and compliance with GDPR, IFRS 15 and ASC 606. “The partnership with Bluefort strengthens our offering and value add to our customers. Bluefort’s products, services and culture perfectly align to the needs of our clients and I’m looking forward to an exciting future working together”, said Colin Crow, Managing Director at Nexer Dynamics.   Learn more about Bluefort’s subscription software and partnerships Partner Click here to open up my calendar and find the right date and time for us to have a chat.

A preferred solution on Microsoft AppSource, Bluefort’s License and Subscription App (LISA) enables you to modernise, automate and optimise your licencing and subscription processes. LISA is purpose-built in Microsoft Dynamics 365 Finance and operates seamlessly with Microsoft Dynamics 365 Supply Chain Management and Commerce. We’re proud to share new features available now in addition to the already-powerful capabilities of LISA: Discount functionality on subscription plan lines – We’re excited that customers can now inherit discounts from standard Trade Agreements or specify a discount on the subscription plan line itself. Trade Agreements are a powerful capability within Dynamics 365 which enables you to work with specific agreed pricing between one or more customers. Price and Discount Indexing - This feature provides more advanced and granular management of prices and discounts by allowing scenarios such as price-grandfathering and trials. This capability adds real value to drive customer-focused needs and differentiate from your competitors. Subscription templates - It is now possible to save a subscription plan (and its lines) as templates and to create subscription plans from existing templates. This new feature takes bundled offerings to new heights for businesses wanting to replicate certain offerings for more customers. Subscription copy functionality - It is now possible to copy a subscription plan (and its lines) from the same customer or another customer. This is particularly helpful when you need to configure a subscription for a new customer, using a similar subscription as your starting point. Improved renewal functionality - Subscriptions terms can be created on a subscription plan level. These can be configured to auto-renew to other subscription plans using a subscription chain. Auto-cancellation of the subscription plan line level remains available. This feature extends the already powerful capabilities which LISA has in easily managing complex subscriptions. Project hours entitlements - It is now possible to set project hours entitlements for subscription plans linked to a project. Project hours can be linked to a specific role, a specific activity or for all roles and activities within a project. Standard subscription plans for projects - On the product level it is now possible to configure whether standard or project subscription plans are generated from a project Enhancements to subscription plan creation from projects - It is now possible to see which subscription products configured in a Project's Work Breakdown Structure (WBS) has already been published to a subscription plan. A parameter also controls whether the same WBS product can be transferred more than once. Enhanced granular security configuration – There are two new roles available for LISA: Subscription Manager and Subscription Project Manager. The introduction of these additional roles help business further refine their security and policies within the Dynamics 365 framework. Subscription notifications – We’re excited about subscription notifications which enable Business Event triggers in Dynamics 365. Business events provide a mechanism that lets external systems receive notifications from Finance and Operations applications. In this way, the systems can perform business actions in response to the business event. Subsequently this new feature provides great opportunities to enable the integration with the Power Platform, Dataflex, Azure Functions and more! We’ve added more Inquiry forms for enhanced analysis of subscription data – this delivers improved contextual information where you need it most. Enhanced Forecasting functionality drives insights into future cashflow scenarios of your subscriptions. Enhanced Power BI dashboards and reports deliver improved analytics to make better decisions, faster! Overall Performance improvements and enhanced Integration functionality from external systems or online stores. Are you ready to modernise your subscription management processes and scale up? Contact us here for a meaningful discussion about supportive technologies that drive subscription success. Click here to open up my calendar and find the right date and time for us to have a chat.