1. Recurring revenue does not have to be billed monthly
Although RMR suggests a monthly revenue stream, installers and integrators should consider building in their monthly fees or revenue into different offerings.
As monthly billing could potentially require a lot of time and resources, this gives you the option to utilise your time and streamline your process. Rather than billing your customers once a month for maintenance, add the monthly maintenance fee to the cost of the product for your customers. Your customers could pay an agreed one-time fee upfront that covers their maintenance costs for a certain amount of time. You could also consider combining fees into annual or quarterly billing.
One of these offerings would allow you to maximise profit and leverage the benefits of RMR to your business, without adding too many administrative hours to your workload.