I have been thinking of switching my billing cycle to modernbill's anniversary method where all invoices will generate on the first of each month and also be due that day with prorated charges and refunds occuring rather then having everyone's renew date be the day they signed up. What are your thoughts of this billing method? Pros and cons.

Personally, I prefer it. I think it's easier for everyone involved to bill them on the first of the month.

Cons: not sure as I have always billed this way. I just might be a little biased here.

I have been debating this for a long time myself. I believe Client Exec has the same option, but I have yet to find it.

In ADMIN>SETTINGS>SIGNUP you got these two fields:

I like to get billed the day I sign up. If a company switches for their benifit I would leave.

Yea you made a good choice, I love it.

We bill everyone on their joining date and have no major problems. I like spreading things out over the month so that it's easier to confirm things have been paid rather than gettings hundreds of things in on the first and rushing through to confirm the correct things are paid for.

True, but my billing system kind of does that for me.

Well ClientExec does that for us too. I still just like going over things myself

ClientExec is the best way to go ^_^

Why spend all that money on ModernBill when you can spend less on ClientEXEC, get some extra cash and still have the same features

Because I'm a strong believer of "You get what you pay for". And because I have the money to do so.

We are using a paypal payment system that automatically charges the client when payment is due (we bill quarterly)

Same features? I recently had to purchase ModernBill to keep up with the competition!

Agreed, I recently switched from ClientExec to Modernbill for the enormous featureset of MB over CE.