Enable progress-based billing in Billing hub
Important
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | - | Mar 2025 |
Business value
The progress-based billing feature enables billing based on progress or % complete of a milestone. By integrating this capability with Billing hub, users will be able to take advantage of this feature from Billing hub without navigating to any other form, reducing clicks and navigation and improving user efficiency at the time of invoice creation when working on fixed price agreements.
Feature details
With this feature, you'll experience:
- Reduced clicks and navigation: By enabling billing users to review all transactions in invoiceable state with a single click while staying in the context of the project contract, project operations billing users save time and are more efficient.
- Faster invoicing cycle: Faster invoice creation helps speed up the invoicing process and enables faster processing of payments from the customer.
- Reduced invoice correction: Proactive invoice insights help billing administrators make more accurate decisions at the time of invoice creation, helping improve their productivity while also reducing the need for invoice corrections later.