20 Most Promising Billing & Invoicing Solution Providers - 2017

20 Most Promising Billing & Invoicing Solution Providers - 2017

Companies are rapidly adopting electronic invoicing or e-invoicing due to the various benefits it offers in terms of reduction in staff, increased cash flow, improved security that minimizes fraud and improvements in customer relationships. Automation of the billing process can be deemed as one of the key contributors to the various advantages offered by e-invoicing. In addition to making the process more simplified and efficient, automation reduces the margin of human error and decreases the need for resources like time and labor.

E-invoicing is largely encouraged by technological disruptions, such as cloud and mobile devices. With the availability of both these components, invoicing data is accessible from anywhere and at any time. By analyzing the data on e-invoice, organizations can enhance their management of invoices while reducing tax frauds. Additionally, they can avail better insight into consumer behavior. The integration of blockchain with e-invoicing enables organizations to acquire faster transactional processes by eliminating third parties while ensuring that the transaction was secure. Moreover, with the increasing acceptance of e-invoicing, invoicing services are attempting to consolidate the market into a unified platform, which will further improve the accuracy, cost, and speed of the invoicing process.

It is imperative that organizations invest in the right provider that suits their specific necessities. Keeping that in mind, CIOReview has charted out 20 companies that offer efficient and tailor-made billing and invoicing solutions.

We present to you “20 Most Promising Billing and Invoicing Solution Providers - 2017.”

Company Name

Company Description

Avangate, Inc Avangate powers modern digital commerce, solving the complexity of online commerce, subscription billing, and global payments for software, SaaS and online services companies
BillingPlatform Specializes in high-volume, customizable billing solutions
Billtrust Provides strategic, cloud-based solutions to accelerate cash flow by automating invoice delivery, invoice payment, and cash application
ChikPea, Inc Provides order, billing, subscription management and telecom operations with custom application development skills to subscription businesses on the Salesforce platform
eBillity Enables companies to track time and expenses, add invoicing, simple online payments and legal features to eliminate manual tracking and administration
Globys Completely automates invoice-to-cash to lower DSOs and OPEX
Harvest Provides web-based time tracking and invoicing application to businesses
Intuit [NASDAQ: INTU] Develops financial, accounting, and tax preparation software for small businesses, accountants and individuals
Invoiced, Inc Provides a modern billing system designed to help businesses get paid faster
OneBill Provides enterprise-class billing and revenue management capabilities for all cloud-based businesses to help sell and manage products
Recurly, Inc Recurly delivers, agile, enterprise-class subscription management to thousands of businesses worldwide
ReliaBills Provides online billing solutions that save time, grow revenue, and enhance the relationship between enterprises and their customers
Replicon Offers solutions for global pay compliance, integrations for ERP solutions, and an SDK for continued development
Sage Intacct, Inc Provides best-in-class cloud ERP software to deliver the efficiencies and insights that keep financial professionals on the fast track of growth
Street Invoice Provides individuals and small business with an enterprise quality mobile invoicing app for easy and efficient sales and service
Vesess Simplifies invoicing and billing for small business and freelancers and help them get paid on time
Visp.net Provides groundbreaking automated billing and invoicing software to the WISP market
Western Union Western Union offers one of the easiest ways for families, friends and businesses to send money and stay connected almost anywhere in the world
Zoho Corporation Zoho Corporation is an information technology and business management software as a service developer
Zuora, Inc Zuora is powering the Subscription Economy with its unified order-to-cash system, enabling business and subscriber freedom across the globe