Automate your accounting by integrating e-conomic and Alunta

Ditch all the spreadsheets and manual typing. Integrate Alunta and e-conomic instead. It saves time, minimizes errors - and makes everyday life easier and more fun when working with service agreements or subscriptions.

Create a free account

Alunta is 100% free to try and requires no payment card to get started.

Turn your phone to see more of Alunta.

Recurring billing automation

For the current integration and setup, see e-conomic integration in Alunta. One of the primary benefits of using a subscription management system integrated with e-conomic is the automation of recurring billing. Many companies that offer subscriptions face the challenge of having to invoice their customers on a regular basis – whether monthly, quarterly or annually. With an integrated solution, invoices can be generated and sent automatically without manual intervention. This saves time and reduces the risk of errors, such as forgotten invoices or double billing. In addition, the system can handle different billing models, such as fixed subscriptions, consumption-based services or combinations of these. This makes it possible to scale and adapt the billing processes as the company grows.

Improved payment management and overview

Another major benefit is improved payment management. Since invoices are generated automatically and synchronized with e-conomic, following up on missed payments is also easier to handle. Many subscription management systems have features that allow you to set up automatic reminders for overdue payments, which increases the likelihood of timely payments and reduces the workload for accounting. Integration with e-conomic means that all payments, including any late payments or objections, can be easily tracked and reconciled in real time. Accountants therefore always have access to up-to-date data without having to import or export information between systems, reducing the risk of errors and saving time.

Better customer management

A third benefit of an integrated system is improved customer management. By combining subscription data with accounting data in e-conomic, you can get a comprehensive overview of each customer’s history, including their billing and payment information. This makes it easier for the customer service department to help with inquiries, as all relevant data is collected in one place. Customers can also get updated information about their subscriptions, remaining payments or upcoming invoices. In addition, you can quickly and accurately identify which customers have subscriptions that are about to expire or who may need a change in their subscription plan. This makes it possible to work proactively with customer retention and customer satisfaction. In relation to customers; it might be of interest to see this article about how churn impacts your subscription business and how you can ensure loyal customers that pay for a long time.

En person bruger hænder og PC til kommunikation

Reduce repeated invoice entry

When invoicing and subscription management is done manually, there is a greater risk of errors – for example, incorrect amounts, missing invoices or incorrect VAT calculations. Automating invoice transfer reduces repeated manual entry. Review your accounting and VAT settings with the person responsible for your bookkeeping. Our own accounting integrations were among the first steps on our journey towards automation. Read the full story here.

Scalability and flexibility

An integrated solution also offers scalability, which is crucial for growing businesses. As a company expands its subscription base, it can easily add new customers or subscription types without having to change existing processes. The flexibility that comes with a specialized system makes it possible to adjust subscription plans, prices and billing intervals as needed. By having a tight integration with e-conomic, the company can also benefit from the flexibility that e-conomic offers in reporting and financial management. This means that reports can be pulled that combine data from both the subscription management system and the accounting department, providing a more nuanced picture of the company's financial situation and growth potential.

Try Alunta with e-conomic

Using a subscription management system integrated with e-conomic can create significant efficiency gains for companies. Automation of invoicing, improved payment management, better customer management and increased scalability are just some of the benefits such a solution offers. Transferring invoices to e-conomic reduces repeated manual entry and keeps your subscription invoicing connected to your accounting workflow. Not fully sure yet? Check out our suggestions for how to create the most value with subscriptions.