What’s New? #

We are excited to introduce Recurring Invoice Generation integrated directly into our 2-in-1 Documents & Contracts feature. This enhancement allows users to automate the creation and management of recurring invoices seamlessly at the time of document signing. Key updates include:

• Automated Settings Drawer: When adding a product list to a new template or document, clicking the product list automatically opens the settings drawer for easy configuration.
  
• Automatic Recurring Type Assignment: Adding a recurring product changes its type to recurring automatically.
• Price Type Tags: Visual tags indicate whether a product is one-time or recurring, helping users differentiate between pricing types.
  
• Flexible Invoice Scheduling: Users can now choose to generate invoices immediately upon signing or based on a fixed schedule relative to the signing date.
  

How to Use #

For Templates #

1. Create a New Template:
   • Navigate to Payments > Documents & Contracts > Templates > New Template.
     
2. Add a Product List and Signature:
   • Add a product list to your template.
   • Insert a signature element where required.
     
3. Configure Recurring Products:
   • Add a recurring product to the product list.
   • The settings drawer will automatically open for configuration.
     
     
4. Distinguish Product Types:
   • The product list will display distinctions between one-time and recurring products.
   • Note:
     • One-Time Products: Always treated as one-time payments.
     • Recurring Products with Setup Fee: Displayed as two line items—one for the recurring payment and another for the one-time setup fee.
     • Only recurring products will be billed in subsequent invoices sent

Configuring Recurring Invoice settings within the product list #

1. Generate Invoice at Signing:
   • Toggle On:Creates a recurring invoice schedule with the first invoice generated at the time of signing. Subsequent invoices follow the defined frequency (e.g., monthly).
     • Example: If a document is signed on January 25th with a monthly schedule, the next invoice is sent on February 25th.
   • Toggle Off: Allows users to set a specific date for the invoice to be sent, regardless of the signing date.
2. Enable Direct Payment:
   • Toggle On: Redirects the primary signer directly to the invoice page after signing and sends an email with the invoice.
   • Toggle Off: The invoice is saved as a draft and can be sent manually later.
     
     

Workflow Configuration #

1. Save the Template:
   • After configuring, save your template.
     
2. Configure Workflow:
   • Go to Workflows and set up a new workflow using the saved template.
     
3. Send and Complete:
   • Once the workflow is triggered, the signer receives the document with the attached invoice.
   • After signing, the primary signer is redirected to the invoice for immediate payment. An email with the invoice is also sent as a backup.
     
     
     
     
4. Track Payments:
   • Monitor payments through the Documents section or the Invoices section.

Why We Built It #

Our goal was to simplify the contract signing and payment process by integrating recurring invoice generation directly into Document & Contract workflows.