Overview
We’re introducing another feature to streamline your payments via Documents and Contracts.
What’s new?
- You can now add recurring products to your product list in Document Builder.
- If your product has a setup fee associated, it will show up as a separate row item.
- If you add a one time product and recurring product together in the list, the one-time product will only be charged to the user in the first invoice.
- You can also add a recurring schedule to your Document templates with the ability to assign the start date as the completion date of the document.
How to use?
- Add a product list to your document.
- Add recurring as well as one-time products in the product list.
- If a recurring product is added, add a schedule from the product list properties and set the invoice sending date as document completed date or a custom date. This functionality is enabled in templates as well.
- Once the document is completed, an invoice will be sent (recurring if at least one recurring product was added, one-time if none was added).
- Setup fees associated with a product are shown separately in the product list.
Why did we build it?
In our effort to streamline the acceptance of invoices after Document Signature, recurring products and setup fees were creating hurdles for many users interacting with contracts. Those challenges are now a thing of the past.
What’s next for Payments via Documents and Contracts
- 2 In 1 Documents: Showing the invoice directly after the primary signer signs the document.
- One-time Deposit: Collecting a %age of the total product value in the invoice.