Billing Model software helps in forecasting client number changes and the consequent impacts on revenue and profit when billing structures are altered, using a change percentage.
When it comes to altering billing structures, it's crucial to understand how it will impact your clients, revenue, and profit. Thankfully, Billing Model software is designed to help you with this very issue. By analyzing the Client Number Change Percentage, this tool can forecast the potential impact that a billing structure change could have.
Keep in mind that this change percentage is dependent on several factors, including the level of competition, differentiation of the business, client profiles, and service type. Once you have estimated this percentage, combined with basic data on average billing fees and cost percentages, you can predict revenue, profit, and client numbers for a range of billing fee combinations.
Originally created to test changes in billing structures for a medical practice (public versus private billing), Billing Model is suitable for any professional practice. Whether you are looking to change your fees or simply want to understand how your billing structure affects your business's health, this software is an excellent tool for uncovering valuable information.
Keep in mind that this change percentage is dependent on several factors, including the level of competition, differentiation of the business, client profiles, and service type. Once you have estimated this percentage, combined with basic data on average billing fees and cost percentages, you can predict revenue, profit, and client numbers for a range of billing fee combinations.
Originally created to test changes in billing structures for a medical practice (public versus private billing), Billing Model is suitable for any professional practice. Whether you are looking to change your fees or simply want to understand how your billing structure affects your business's health, this software is an excellent tool for uncovering valuable information.
What's New
Version 2022: N/A
Version 40: Macro free operation for Microsoft Excel Windows or Mac, Open Office Spreadsheet.
Version 30: Evaluation Mode with Example Data. Excel 2007 and Excel 97-2003 versions.