Billing Platform

OCTOBER 28, 2024

With so many different billing models available, it’s not uncommon for us to hear the question: what is usage-based billing? Simply put, usage-based billing allows users to pay only for what they use – no more, no less. Usage-based billing is certainly not a new pricing model. Explaining: What is Usage-Based Billing?

Billing 94

Billing Computation Invoicing Reconciling 94

Xero

NOVEMBER 15, 2022

Having long payment collection periods increases bad debts and can lead to cash flow challenges. Kolleno – Recover overdue balances with automated invoice chasing and one-click payment collection via a simple digital payment platform. Ideal for businesses that bill their customers on a recurring basis. Getting paid quickly.

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XERO Bank Reconciliation Invoicing Collections 241

Xero

AUGUST 7, 2024

Event Partner+ Bill BILL for Xero is a simple bill payment solution made to eliminate double entry and piles of paperwork. BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you.

XERO 178

XERO Collections Payroll Billing 178

FinOps Foundation

FEBRUARY 22, 2024

State of FinOps Survey The State of FinOps is an annual survey conducted by the FinOps Foundation since 2020 to collect information about key priorities, industry trends, and the direction of the FinOps practice. The State of FinOps survey is conducted with a continuous collection model, meaning it is open year round.

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Billing Platform

NOVEMBER 15, 2023

While the terms are typically used interchangeably, there are a few subtle differences between usage-based billing and metered billing – the most significant being in how charges are calculated. Usage-based billing calculates charges based on how much of a product or service is used. per active user/per month when paid monthly.

Billing 94

Billing Collections Customer Service Invoicing 94

RevCycle

DECEMBER 19, 2024

As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. Technological Advancements: As technology evolves, there may be new regulations regarding the use of AI and automation in debt collection.

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Collections Revenue Cycle Revenue Cycle Management Billing 72

Xero

FEBRUARY 26, 2024

If you’re doing data-entry manually, Hubdoc can help you capture data from bills, receipts, and statements more efficiently. Dext Prepare can automatically collect your bills and invoices from a huge range of supplier websites, storage and document management tools, or email inboxes.

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XERO Data Entry Billing Invoicing 240

Billing Platform

NOVEMBER 17, 2024

What youre probably discovering is that the spreadsheets and manual effort used to track software usage and bill customers is no longer sufficient. Now you need to tackle one of the most important software purchases youll ever make billing. When Billing Goes Awry? Poor billing experiences can lead to a loss in revenue.

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Billing Invoicing Collections Accounting 80

Gaviti

APRIL 18, 2023

This blog post will explore various strategies that finance and collections teams can adopt to better handle issues that might arise from these recent unyielding interest rate increases. Ensure that your collections team has the necessary resources and tools to collect outstanding receivables and manage cash flow effectively.

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Collections Accounts Receivable Account Receivables Accounts Receivable 97

Gaviti

JANUARY 16, 2023

As a collections team, mailing dunning emails and collecting receivables from customers are routine tasks. By applying these same principles to your collections workflows, you can improve your cash flow and reduce your Days Sales Outstanding (DSO). But how can you ensure that you are using the most effective workflow possible?

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Collections Accounts Receivable Accounts Receivable Account Receivables 98

Xero

AUGUST 7, 2023

More than 10 million people use Expensify’s free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, and travel booking in one app. GoCardless GoCardless puts you in control of collecting payments directly from your customers.

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XERO Bookkeeping Invoicing Account Bookkeeping 244

RevCycle

APRIL 25, 2024

While Artificial Intelligence (AI) is making waves in the debt collection industry, this paper argues that a human-centric approach focused on empathy, understanding, and flexible solutions can achieve higher netback for healthcare providers while treating patients with dignity and respect.

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Collections Revenue Cycle Billing 73

Xero

AUGUST 22, 2023

Short-term cash flow in Xero Analytics Plus now includes predictions for recurring invoice and bill payments, giving small businesses a clearer picture of their potential future cash flow. Businesses can choose to include future invoice and bill payments, collectively or individually, within their cash flow forecast.

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Bank Reconciliation XERO Data Entry Payroll 239

Xero

AUGUST 16, 2022

Easily collect invoice payments directly from your customers’ bank accounts using ACH Debit and real-time payments. Xero partners with Stripe to power subscription billing, invoicing, and more to help customers get paid faster and streamline recurring payments. You can give the Gusto app a try from the Xero App Store. GoCardless.

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XERO Invoicing Collections Billing 199

Xero

NOVEMBER 10, 2024

Timesheeting and tracking hours The challenge: Keeping track of hours worked can be tedious, but it’s crucial for billing clients accurately and managing resources effectively. How to address it: Establish clear payment terms upfront – make sure clients understand your billing process and deadlines.

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XERO Invoicing Budgeting Billing 167

Xero

APRIL 16, 2023

It automatically extracts data line-by-line from supplier bills or purchase orders and integrates them directly into the approvals workflow, eliminating manual data entry. To make things easier, you can search for apps tailored to your needs by function, industry, and collection – all to make FY24 your best (and most efficient) year yet.

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XERO Purchase Order Data Entry Payroll 203

Xero

SEPTEMBER 13, 2023

Energy efficiency across your business Are you looking to invest in any areas of your business to reduce your footprint and energy bills? By using less energy, you may even save on your power bills. Your national, state or local government may have some resources and support available on this topic.

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XERO Billing Collections 229

Billing Platform

SEPTEMBER 20, 2024

Popular among software-as-a-service (SaaS) organizations, billing consolidation is a methodology that merges multiple transactions or subscriptions into a single invoice. It’s also referred to as consolidated invoicing, consolidated subscription billing, and consolidated billing in SaaS.

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Billing Invoicing Invoice Processing Financial Reporting 67

Xero

SEPTEMBER 8, 2022

They get some new customers, and collect some bitcoin, and then think nothing further about it. traditional) currency so that they can pay other bills. Knowledge-sharing collective Accountants On-Chain is onboarding accountants into these technologies with regular online events. This is not just the domain of tax advisers.

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XERO Computation Collections Tax 260

Billing Platform

APRIL 12, 2024

However, when it comes to managing recurring billing, revenue recognition, plan renewals, etc., companies doing SaaS billing face hurdles in achieving their full revenue potential. However, in an industry that’s riddled with billing pitfalls, this is typically easier said than done. billion by 2028.

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Billing Invoicing Collections General Ledger 59

Billing Platform

JUNE 20, 2024

Enterprise billing refers to an advanced and sophisticated system designed to meet the complexities of large-scale businesses across all billing processes like invoicing, payment processing, dunning, collections, revenue recognition, taxation, credits and refunds, etc.

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Billing General Ledger Collections Invoicing 52

Xero

JULY 6, 2022

This makes it easy to collect both recurring and one-off invoice payments directly from customers’ bank accounts through direct debit and open banking. More than 12 million people use Expensify’s free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, and travel booking in one app.

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XERO Invoicing Collections Accounts Payable 240

Xero

DECEMBER 1, 2022

Receive bills and payments. Collect, hold and send funds from your account while avoiding FX fees. . If you’re on Xero’s Ultimate Plan or Premium plan, you’ll have our Multi-Currency function already included, so you can do business in 160 different currencies. You can use it to: Send invoices, quotes and purchase orders.

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XERO Reconciling Purchase Order Invoicing 250

Gaviti

NOVEMBER 14, 2022

Receivables collection is one of the most critical functions of any business, but it can also become one of the most stressful. Companies can reduce many overwhelming and monotonous aspects of collections via automation. Sage Intacct streamlines collections tasks but automation alone is not enough. What are the rates?

Collections 72

Collections Invoice Processing Accounts Receivable Accounts Receivable 72

Accounting Department

APRIL 25, 2023

Not all business owners are well versed in invoicing clients, collecting payments, tracking payments, or other bookkeeping tasks - and that's okay.

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Invoicing Collections Bookkeeping Accounts Receivable 194

Billing Platform

DECEMBER 9, 2024

for common types of recurring revenue business models and its most popular billing models. Learn the four tips to projecting cash flow with recurring billing. In addition, be sure that your billing system is able to automate the entire quote-to-cash process. Gain even more insights into recurring revenue.

Billing 92

Billing Collections Customer Service Auditing 92

Xero

SEPTEMBER 1, 2022

GoCardless makes it easy for you to collect one-off, or automated, bank payments for your Xero invoices. Xero partners with Stripe to power subscription billing, invoicing, and more to help customers get paid faster and streamline recurring payments. Collect payments faster with Xero Invoice Payments. GoCardless.

XERO 52

XERO Invoicing Bookkeeping Collections 52

FinOps Foundation

JUNE 20, 2024

Key Insight: FOCUS is the unifying format for cloud bills. FOCUS is being adopted by end user FinOps Practitioners, leading cloud Infrastructure-as-a-Service (IaaS) providers, and FinOps tool vendors, who all benefit from removing complexity associated with cloud billing data normalization. The FOCUS 1.0 Foreword FOCUS 1.0

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FinOps FinOps Billing Cloud FinOps 147

Billing Platform

MAY 20, 2024

While not a new term, subscription billing is a charging method that enables merchants to bill customers automatically on a fixed schedule for a specific product or service. The pervasiveness of subscriptions can, in large part, be attributed to the automation provided by modern subscription billing software.

Billing 52

Billing Invoicing Collections Budgeting 52

Cevinio

FEBRUARY 1, 2024

Most of these tasks can be automated to streamline the process of collecting payments on time, which is the main objective of your Accounts Receivable team. Modern AR Automation solutions automate manual processes such as payment matching, invoicing, and collections, drastically reducing the time and effort required to complete these tasks.

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Accounts Receivable Accounts Receivable Account Receivables AR 130

Intuit

OCTOBER 23, 2024

Set reminders for when rent, bill, credit card, and loan payments are due each month to stay on top of your credit score. While the primary cardholder must trust you not to use their card to spend irresponsibly, make sure that they keep up with their credit card bills. Otherwise, you won’t reap any benefits.

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Collections Billing Deposits Budgeting 130

Gaviti

MARCH 4, 2024

Once an invoice hits accounts receivable (A/R), it enters what’s called the average collection period. Other common names include “days sales in accounts receivable,” “average receivables collection period,” or “ days sales outstanding (DSO).” Your average collection period is an important key performance indicator (KPI).

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Accounts Receivable Accounts Receivable Account Receivables Collections 52

Xero

JUNE 22, 2022

This feature allows you to align your proposal and billing start dates. You can also use the New Proposal Editor to automatically collect deposits from new clients to minimise business risk and keep your cash flow in check. The New Proposal Editor from Ignition can help simplify this for all parties.

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XERO Deposits Data Entry Bookkeeping 245

Xero

OCTOBER 18, 2022

Some of the top visited functions include invoicing and jobs , bills and expenses , time tracking , reporting and inventory management. Collections: There are also some special app collections that might help you make a speedier shortlist, including ‘ Staff picks ’, a collection of popular apps that have been hand-picked by the Xero team.

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XERO Collections Billing Invoicing 189

FinOps Foundation

DECEMBER 11, 2024

FinOps Practitioners can use this sandbox to run SQL queries on actual (anonymized) FOCUS billing data to gain a clear understanding of what FOCUS data looks like, and the real-world insights it yields. The FinOps Open Cost and Usage Specification (FOCUS ) is an open-source technical specification for cloud cost and usage billing data.

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FinOps FinOps Billing Financial Operations 130

Billing Platform

MARCH 22, 2024

A popular billing model, usage-based pricing (also referred to as metered services or pay-as-you-go pricing) is a consumption-based pricing model that allows customers to pay only for what they consume. Accurately and easily associating how much of the product a customer uses during a billing cycle takes usage-based billing software.

Billing 52

Billing Collections Invoicing Auditing 52

Xero

AUGUST 14, 2024

To understand these trends and what payment methods are right for you, download the report, as well as the collecting payments guide which gives you some great insights into getting started with Xero. For our UK small business customers, we also have a quick guide to getting set up with our bill payments solution.

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XERO Collections Billing Invoicing 193