Billing Process Automation Improves Business Growth

February 28, 2019

Are business operations bogging down your finance team in manual spreadsheets? Are you looking for methods of simplifying critical billing tasks?

 

BillingPlatform can help. Our cloud-based billing solution offers extensive automation capabilities that increase efficiencies and improve customer satisfaction. By providing the flexibility your business needs, our platform enables critical workflows to be completed through event-based triggers.

 

 

 

In this video you’ll discover exactly how BillingPlatform enables you to stay active and up-to-date in the new agile economy. Such examples through our solution allow you to:

 

●     Eliminate costly errors

●     Automate your invoice schedules

●     Synch information across multiple applications

 

Selecting a billing solution that supports your automation needs is a challenge. So we put together the Comprehensive Guide to Automated Billing Processes, download it today.

 

Video Transcript

Accelerate your key business workflows with BillingPlatform’s extensive automation capabilities. Businesses with complex billing scenarios undergo multiple manual steps in rating, billing, and invoicing customers.

 

For example, software companies can have diverse product lines with multiple pricing models to manage, such as pay-as-you-go and subscription-based pricing. As

customers use the service, each billable activity must be associated with an event type and grouped to determine which rates should be applied, then tax rules must be calculated by region. Combining all of these elements for accurate billing requires an advanced degree in spreadsheets to simply generate an invoice.

 

There is a better way. BillingPlatform contains built in and custom workflow tools to automate the entire billing process. Once your business model is defined in our cloud-based solution, BillingPlatform allows you to sequence and orchestrate automated workflows with just a few

clicks. For example, you can notify customers via email or text when critical events happen, like a subscription nearing renewal.

 

Business automation can be configured easily for event-based triggers, such as a new customer record or other information updates. This lets you sync information across various applications via remote API's, extending your automated processes to outlying systems, like your general

ledger or CRM.

 

BillingPlatform automates invoicing based on the criteria you define, so you can schedule an invoice to auto-generate every four weeks as a PDF invoice, attach related documents and send the invoice directly to your customer without lifting a finger.

 

If you'd like to limit costly errors, eliminate tedious spreadsheet processing, and increase your bottom line, we can help. BillingPlatform helps automate critical billing tasks so you can focus on growing your business.

 

Topics: billing platform

Author: Jerry Schwartz

As BillingPlatform's VP of Marketing, Jerry is responsible for the company's global marketing efforts. With 20 years of experience, he has deep product and marketing expertise in SaaS and cloud technologies. Jerry holds an MBA in Marketing from the University of Texas at Austin and a Bachelor of Science from the University of Cincinnati. He is passionate about putting the customer at the center of our marketing strategy and building great customer experiences.

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