Top 20 Billing & Invoicing Tech Companies - 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.”

Top Billing Companies

Completely automates invoice-to-cash to lower DSOs and OPEX

Provides groundbreaking automated billing and invoicing software to the WISP market

Western Union offers one of the easiest ways for families, friends and businesses to send money and stay connected almost anywhere in the world

Avangate, Inc

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

BillingPlatform

Specializes in high-volume, customizable billing solutions

Billtrust

Billtrust

Provides strategic, cloud-based solutions to accelerate cash flow by automating invoice delivery, invoice payment, and cash application

ChikPea, Inc

ChikPea, Inc

Provides order, billing, subscription management and telecom operations with custom application development skills to subscription businesses on the Salesforce platform

eBillity

eBillity

Enables companies to track time and expenses, add invoicing, simple online payments and legal features to eliminate manual tracking and administration

Harvest

Harvest

Provides web-based time tracking and invoicing application to businesses

Intuit [NASDAQ: INTU]

Intuit [NASDAQ: INTU]

Develops financial, accounting, and tax preparation software for small businesses, accountants and individuals

Invoiced, Inc

Invoiced, Inc

Provides a modern billing system designed to help businesses get paid faster

OneBill

OneBill

Provides enterprise-class billing and revenue management capabilities for all cloud-based businesses to help sell and manage products

Recurly, Inc

Recurly, Inc

Recurly delivers, agile, enterprise-class subscription management to thousands of businesses worldwide

ReliaBills

ReliaBills

Provides online billing solutions that save time, grow revenue, and enhance the relationship between enterprises and their customers

Replicon

Replicon

Offers solutions for global pay compliance, integrations for ERP solutions, and an SDK for continued development

Sage Intacct, Inc

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

Street Invoice

Provides individuals and small business with an enterprise quality mobile invoicing app for easy and efficient sales and service

Vesess

Vesess

Simplifies invoicing and billing for small business and freelancers and help them get paid on time

Zoho Corporation

Zoho Corporation

Zoho Corporation is an information technology and business management software as a service developer

Zuora, Inc

Zuora, Inc

Zuora is powering the Subscription Economy with its unified order-to-cash system, enabling business and subscriber freedom across the globe