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Billing
Outsourcing
All businesses depend
on billing. It is handled
differently in every company, depending on industry, class of customers,
type of products etc. Whether your billing needs are quite specific to
your industry or general, there are companies that handle your
billing needs in the most efficient and accurate manner.
Generation of Invoices through computer is a very old
process. With internet , it has become easier to send the invoices
across securely. Lot of software vendors offer
excellent billing solutions and
they also manage the whole service. This software takes care of
advanced billing, customer care and management information systems. This
software can take care of subscriber billing and service support,
automation of subscriber activation, remittance processing, collections,
data retrieval and reporting, electronic funds transfer, credit
management, inventory management and data archiving. The vendors of this
kind of service will have their own state-of-the-art data centers and
staffed with hundreds of
professionals.
Areas:
1.
Customer Billing
2.
Vendor Billing
3.
Maintenance of
billing periods
4.
Billing schedules
5.
Billing reports
6.
Physical posting
of bills ,if required.
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