Release improves Invoice Adjustments, User Interface & Integration

REDWOOD CITY, Calif. — September 28, 2010 — For more than 18 months, Zuora has committed to a monthly new feature release schedule that delivers an unprecedented pace of innovation, even by SaaS standards. Each of these monthly releases has delivered major updates to Zuora’s entire product line, including:

Z-Billing, the first billing application designed specifically for subscription businesses

Z-Payments, a complete payment solution built for subscription businesses

Z-Force, a quoting, renewal management, and a 360 degree customer view built 100% natively on top of Force.com

Z-Commerce, the developer platform available at developer.zuora.com.

With this release, we’re overhauling our existing Invoice Adjustment capabilities to improve usability, simplify integration with accounting and other systems, and allow for easier reporting. Major changes we’re making in this release include:

New Feature Highlights:

• Improved User Interface: Users who enter day-to-day transactions are typically not accountants, although these transactions have a major impact on accounting and financial reporting. By improving the user interface we reduce data entry errors and accelerate integration with accounting systems.
• New API: New documentation allows programmatic creation of Invoice Adjustments using the Z-Commerce Platform. This will be useful for data migrations, integrations, as well as for companies that might have customized workflows or policies around their adjustments and credits.

What our Customer Community is saying:

“Minimizing data entry errors in a billing system is key to keeping our customers happy,” said Tom McGlynn, CEO at Focus-N-Fly. “Zuora’s recent redesign of their user interface makes it clear that they understand the operational subtleties of keeping a mission critical billing system running smoothly.”

“I am always impressed by the depth & breadth of Zuora’s API. It’s like the Zuora development team puts as much effort into making their API developer-friend as they put into making their UI user-friendly,” said Jeff Haynie, CEO at Appcelerator. “The latest enhancements to the Invoice Adjustment API is further proof that when it comes to API development, Zuora really understands what developers need.”

About Zuora, Inc.

Zuora’s subscription billing and commerce platform change the way subscription businesses manage and sell to customers, allowing them to bring new products to market in less time, with more flexibility and less hassle. Zuora customers are up and running within 30 to 90 days and often recognize 200% ROI within weeks. Zuora is built from the ground up by SaaS industry visionaries and veterans from salesforce.com, WebEx, Accenture, Google, eBay, Oracle and Vitria. Zuora customers include Reed Business Information, Coremetrics, InsideView, Marketo, Ricoh, Pandora, Box.net, Xactly, and Cloud Central.