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News - Billing

 

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Billing

Abakoos Launches New Invoicing Application
Abakoos has announced their new browser-based application that allows customers to bill clients in more ways than one.
Killer Startups  –   9/7/2010

AcceptPay: An Electronic Invoicing and Payment Service
American Express' AcceptPay allows companies to use electronic invoicing and payment services to get paid faster and easier.
Forbes  –   9/1/2010

PESCO and UBL Sign eBilling Deal
Peshawar Electric Supply Company and Unity Bank Limited have signed an e-billing payment agreement to allow their customers to pay their bills in easy, electronic and automatic ways.
Pakistan Observer  –   8/31/2010

Marketcircle Launches New Billing Software
Marketcircle has launched Billings Pro 1.0, a new application for company-wide time billing and invoicing.
MacNN  –   8/31/2010

Second Image Announces e-Invoicing Success with CT TyMetrix
CT TyMetrix, a provider of Web-based legal operations management solutions, announced that Second Image, a document management provider, has successfully utilized the T360 e-invoicing platform to process invoicing.
PR Newswire  –   8/31/2010

Report Shows Companies Paying Bills More Slowly
Experian released results from its monthly Business Benchmark Report showing that the national average number of days that businesses paid their bills beyond contracted terms increased by two percent in July.
Collections & Credit Risk  –   8/31/2010

Ireland's O2 Criticized for Forcing Customers to eBilling
Ireland's second-largest mobile phone operator, O2, has been criticized and threatened by officials for moving all O2 customers to electronic bill pay without asking, making it so they can only receive paper bills if requested.
The Sunday Business Post  –   8/29/2010

CEZ Bulgaria Introduces eInvoicing Option
CEZ Bulgaria, a generator and seller of electricity in Europe, announced it will be introducing an electronic billing option to its customers to comply with EU requirements.
FOCUS News  –   8/28/2010

ZirMed Launches New e-Billing and Patient Account Management Solution
ZirMed announced it has launched Patient Notebook, an online electronic billing and patient medical account management solution, to serve the healthcare industry.
Financial Tech Spotlight  –   8/26/2010

Google and Apple Working on eBilling
Google and Apple are working to ensure the availability of smooth financial transactions on mobile phones for their customers.
IT Web  –   8/24/2010

JeraSoft Announces Release of BillBery VoIP Billing Software
JeraSoft Development, a U.K.-based voice over Internet protocol solution, announced the release of BillBery 3.1.5, which will cover different aspects of dynamic routing, invoicing and calling card management.
TMC Net  –   8/23/2010

ExtraSpy Releases New Software
ExtraSpy Software announced the release of its True Time Tracker 1.51, a free time tracking, project management and invoicing software for managers.
SB Wire  –   8/23/2010

Company to Charge for Paper Bills
Telus Mobility, a Canadian wireless operator, announced it is planning on discouraging customers from receiving paper bills by charging two dollars for each paper bill a customer receives.
TeleClick  –   8/19/2010

New eBilling Program for Taxpayers
Since the e-billing program for tax payments has become available, thousands of Virginia citizens have signed up before the deadline. The program will allow taxpayers to receive their personal tax bills through electronic mail instead of through the post office.
Leesburg Today  –   8/13/2010

CSU Switches to e-Billing
Colorado State University's system for billing is being automated to make it easier, greener and more efficient for students and faculty. CSU mails out more than 27,000 bills a semester, but switching to electronic billing they will be able to cut costs and paper usage.
The Rocky Mountain Collegian  –   8/13/2010

Is Online Bill Pay as Good as they Say?
Companies encouraging customers to use electronic billing and telling them that it is better for the environment are increasingly being questioned. Several large U.K. organizations have stopped similar messages because of their lack of research on the subject, and regulators are cracking down on the issue.
Environmental Leader  –   8/12/2010

Advice to AP: When Vendors Send Late Invoices
When dealing with unorganized vendors, what do you do when they send you an invoice months or even years old? Some ways to handle it are by escalating the issue to make sure management is aware of the receivables mistake, asking the supplier for proof that the goods or services were actually provided and pushing back and insist that you should not have to pay the invoice because it was submitted so late.
Spend Matters  –   8/12/2010

Technology: a Basic for Businesses
Technological advancements have greatly increased the ease with which to run and grow a business. Companies today have a hard time starting, let alone succeeding, without using technology. Now that technology has become more affordable and accessible it has become necessary for all businesses to use.
The Wall Street Journal  –   8/9/2010

Paperless Billing Reaching Small and Medium Sized Companies
Paperless invoicing is becoming accessible to small and medium size businesses (SMBs) by software-as-a-service vendors such as OB10. By setting up invoicing networks for their clients and vendors, they are making it easier for SMBs to switch to paperless billing.
Information Week  –   8/6/2010

Benefits of Electronic Invoicing
When companies switch to electronic invoicing, streamlining the process into one centralized tool, they will find more flexibility and convenience in their billing processes. e-Invoicing allows companies to track and send invoices more easily, access information from any location and make payments quicker.
SSON  –   8/5/2010

United Water Launches eBilling Sweepstakes
United Water's announced a new sweepstakes it is launching to encourage customers to switch to electronic billing. Every customer who switches to e-billing will have their name put into a drawing for a grand prize of $2500 and a daily prize of $50 over the next 12 weeks.
Water Tech Online  –   8/5/2010

eBillingHub Teams Up with LexisNexis
eBillingHub, an e-billing provider, has partnered with LexisNexis, a provider of content-enable workflow solutions, to allow customers to validate their e-bills against LEDES standards plus client and e-billing vendor billing rules and formats. The LexisNexisฎ Jurisฎ will streamline the e-billing process to reduce billing errors and create shorter average billing cycles.
PR Web  –   8/3/2010

CellTrak's Automation Provides Quicker Invoicing for Hospice
CellTrak Technologies' real time point-of-care solution has made payroll and invoicing easier for the Hospice of Central Pennsylvania. CellTrak's automation has made Hospice's accounting practices and daily routines easier to deal with.
PR Web  –   8/2/2010

Philippines Relax Invoicing Requirements for Small Businesses
The Bureau of Internal Revenue in the Philippines is relaxing invoicing requirements on market vendors and other small business operators due to the limited manpower and resources available.
Manila Bulletin Publishing Corporation – 7/28/2010

EU Adopts New Invoicing Directive to Simplify VAT and e-Invoicing
The Council of the European Union announced it has officially adopted a new Invoicing Directive to simplify VAT invoice requirements, especially for electronic invoicing.
Business Credit Management – 7/27/2010

Ariba Announces Addition to Invoice Management Offering
Ariba, a collaborative business commerce offerings provider, will provide PO-Flip service functionality in its Invoice Management offering that will allow companies to match and process invoices more quickly and efficiently.
CBR Online – 7/21/2010

OnePosting and TICo Partner to Integrate Invoicing Services
OnePosting, an electronic invoicing solutions provider, is partnering with TICo, a postal fulfillment services supplier, to integrate invoicing services to meet the growing market demand.
Tech Central – 7/21/2010

Wichita City Launches e-Billing System
The city of Wichita, Kan. announced it is launching an e-billing system for its water customers. The program is estimated to save the city between 26 and 43 cents for each item it doesn't have to mail; the city mailed 1.74 million bills last year.
Business Journal – 7/20/2010

Under Invoicing and Smuggling Totals $2B in Imports from China to Pakistan
Under invoicing and smuggling totaled two billion dollars in losses in imports from China to Pakistan last year, prompting Pakistan to begin an investigation into the discrepancies.
Tribune – 7/20/2010

Freshbooks Crosses $1 Billion in Transactions in Five Months
Freshbooks, a Toronto-based invoicing solution, announced they have crossed $1 billion in billings that were paid worldwide through Freshbooks' system between January and May of 2010.
Tech Crunch – 7/14/2010

Invoicing Tips to get Paid Faster
Web CPA has outlined six invoicing tips for accounting professionals to help them receive faster payments. Some include making it easy to pay on time, being clear about what you need, and knowing whom you are dealing with.
Web CPA – 7/8/2010

UIHC Finds $11M Billing Error
The University of Iowa Hospitals and Clinics (UIHC) cardiology department found $11 million in billing charges missing due to lack of an automated monitoring system and an inadequate amount of staff members.
The Daily Iowan – 7/1/2010

Is e-Billing Secure?
More and more consumers and companies are switching to e-billing because of the amount of money and time saved; but how safe is electronic billing?
Helium – 6/30/2010

Under Invoicing Costing Pakistan Millions
Under invoicing, especially in the declaration of marble in finished and raw goods, is costing Pakistan millions every year.
Daily Times – 6/27/2010

Billtrust Partnering with QAD for Integrated Services
Billtrust, a billing service provider for the B2B market, announced they are partnering with QAD Inc., a provider of enterprise applications for global manufacturers, to provide integrated services. QAD customers will be able to integrate with Billtrust and achieve savings on bill delivery and payment processes while streamlining services.
Trading Markets – 6/24/2010

Advantages of e-Billing in Healthcare
There are several advantages to using electronic billing in a healthcare environment. Healthcare providers need a reliable revenue stream to stay afloat, and cutting down time and money spent on administrative tasks such as billing can help their cash flow. Combining in-office payment services with online options will also reduce receivables because patients will have the convenience and flexibility to pay online more quickly.
Dentistry IQ – 6/22/2010

Poland Lags in Electronic Billing
Polish businesses are slower in adopting electronic billing and invoicing than other European countries. A recent survey shows that only 11 percent of companies in Poland are using automated billing systems, while over 89 percent of companies in the U.K. do.
PMR – 6/18/2010

Hungarian Businesses Fall Behind in e-Billing
A recent survey by Itella Information shows that 80 percent of Hungarian companies prefer receiving paper bills through traditional mail services over electronic bills. The survey also showed that only 25 percent of Hungarian companies are capable of receiving electronic bills, which falls behind most European countries.
Budapest Business Journal – 6/17/2010

Trafigura Selects Thunderhead NOW for Payment Automation
Thunderhead, a multi-channel communication solution, announced that Trafigura has selected Thunderhead NOW platform to streamline their invoicing, trade confirmations and other documentation delivery.
Newsmaker – 6/16/2010

Invoice Bubble Launched
The makers of Project Bubble, an online project management and invoicing solution, announce they have launched Invoice Bubble, a web based billing software for small to midsized companies.
PR Web – 6/16/2010

DHL Streamlines AR Process with Accountis
DHL, an international express mail service, announced they have hired Accountis, an international provider of e-invoicing and payment services, to replace their paper-based invoicing process with a new e-billing system.
PR Fire – 6/15/2010

eBillingHub Processes Over One Million e-Bills
eBillingHub, an e-billing solution, announced it has reached a milestone of processing over 1 million electronic bills for over 150 law firms located across eight different countries.
PR Web – 6/11/2010

Why Should Consumers Switch to Electronic Billing?
Consumers are having a hard time finding incentives to switch to electronic billing from paper payments. A major reason is to reduce the impact on the environment. A new study by The Electronic Payments Association stated that if 20 percent of Americans switched from paper to electronic billing and payment, 151 million pounds of paper, 100 million gallons of gas and two million trees would be saved. Also, studies have shown that consumers who use e-billing are more satisfied with their banks and credit services than those who continue to use paper-based methods.
Target Wire – 6/8/2010

Accountis Releases New e-Invoicing Package
Accountis, an international provider of e-invoicing and payment services, has released a new e-invoicing package that includes full accounts payable automation and accounts receivable solutions aimed at cutting the amount of paper-based manual invoicing.
PR Fire – 6/8/2010

New Online Payment Solution Gets Competitive
Dwolla, a new online payment solution, announced that in order to compete with longer-running sites such as PayPal they are allowing users to send and receive money for a low fee of 25 cents.
KillerStartups – 6/8/2010

Smarter Invoicing for Faster Payments
Better invoicing can lead to faster payments when dealing with a slow-paying customer. Some things companies can do to get paid faster include: make collection calls, invoice faster, document all communication with customers regarding invoices and find out what the customer requires on the invoice before sending it.
CEPro – 6/4/2010

The Importance of Invoicing
Invoices are more than just bills; they represent a company and determine how clients perceive that business. They could easily be the most significant document a company issues. Make sure your invoices are making the right impression by ensuring they include: seller details, client details, the date, identification, a description, cost breakdown, the due date, preferred payment method, and penalties.
Ragtrader – 6/3/2010

Pakistan Introducing e-Invoicing to help Eliminate Tax Evasion
The Federal Board of Revenue in Pakistan has decided to introduce the concept of electronic invoicing systems under the Value Added Tax administration to try and eliminate tax evasion.
Daily Times – 6/1/2010

Why Switch to Electronic Billing?
Financial institutions, utilities and other establishes like schools are beginning to implement options such as paperless invoicing not only to cut back on paper consumption, but also to save time and money. Hundreds of universities and schools are beginning to use electronic billing to save thousands of dollars and help take the hassle out of paying for tuition and fees.
Boosh News – 5/27/2010

Aria Partners with PayPal to Deliver SubscriptionsPlus
Aria Systems, an on-demand billing and subscription management solution, announced the release of SubscriptionsPlus for PayPay, s subscription management and recurring billing product designed for PayPal’s global merchant base.
eWeek – 5/26/2010

e-Billing Used to Cut Down Collection Calls
Lancaster, Ohio’s collection office is hoping their new e-billing system will control the amount of calls their office receives. The collection department receives an average of 64,000 calls per year, which equals one call every two minutes of operation hours; e-billing will cut down on the amount of calls, making the office more cost-effective and efficient.
Lancaster Eagle Gazette – 5/25/2010

Easy Invoicing by SnapBill
SnapBill is a new online invoicing system to help make the billing process easier for South Africans.
Mt Broadband News – 5/21/2010

Esker Hired by Roche to Automate Invoicing System
Roche Italia, a research-focused healthcare firm, has picked Esker, a document process automation provider, to automate Roche’s invoicing system to meet government regulations.
Business Wire – 5/20/2010

UNC Switches to e-Billing to Save Up to $100,000 Annually
The University of North Caroline has introduced the option for students to pay their tuition and bills electronically, and plans to eliminate all paper bills by July. The switch to electronic billing should save the university $100,000 annually.
eSchool News – 5/19/2010

Liaison Technologies Expands eInvoicing Services with Anachron
Liaison Technologies, an integration and data management service provider, announced it has extended its e-invoicing capabilities by fully integrating with Anachron, an electronic invoicing solution provider.
Business Wire – 5/19/2010

PaySimple Releases New Version of Online AR Solution
PaySimple, a SaaS on-demand online payment solution, announced the release of PaySimple 3.0, their latest version of its online accounts receivable solution.
PR Leap – 5/19/2010

Kallo Foods Successfully Implements Invoice Automation Processes
Kallo Foods, a U.K. health food provider, announced their success in using Freeway Commerce's software to automate their invoice process.
MC Solutions – 5/18/2010

Amendment Proposed to Avoid Paper Bill Penalties
With tens of thousands of Americans still without computers, an amendment has been proposed to the Senates financial reform bill to not penalize for paper billing statements. The amendment would allow the Consumer Financial Protection Bureau the power to review the fees that banks, credit card companies and other financial institutions charge consumers for sending paper statements.
SI Live – 5/17/2010

The Differences Between eBilling and eInvoicing
Many people get e-billing and e-invoicing confused or look at them as the same. FineXtra looks at the differences between electronic billing and invoicing and what each entails.
FineXtra – 5/13/2010

AFS Announces Release of SOFTRAXฎ
AFS Financial Solutions, a billing and enterprise revenue management provider, announced the release of SOFTRAXฎ, their flagship billing and revenue recognition platform.
Earth Times – 5/11/2010

Bottomline Releases Paymode-X™
Paymode-X™, an electronic order-to-pay network for businesses, has been launched by Bottomline Technologies, combining payments and invoicing into a single platform.
Business Wire – 5/11/2010

Striata Announces Services for U.K. eBilling Market
Striata, a global email billing provider, announced the release of Paperless Adoption Services for the U.K. eBilling market.
Bobs Guide – 5/11/2010

Tradeshift Announces Global e-Invoicing Platform
Tradeshift, a Danish firm, announced they are launching an international e-invoicing platform to allow small and large companies alike to bill and pay online.
FineXtra – 5/10/2010

Will e-Billing Lead to Paperless Offices?
Some say yes; when switching to a paperless billing system most companies change the entire financial system to paperless to eliminate the tangible copies. But other companies, especially in Europe, are having a hard time catching up and are automating their invoicing system, but not the entire billing process.
FineXtra – 5/6/2010

Basware Processed over One Million e-Invoices in March 2010
Purchase-to-pay provider, Basware software announced that it has processed more than one million e-invoices and purchase messages, the equivalent to one invoice per second, during March 2010 through its Business Transactions service.
PR Newswire – 5/4/2010

Financial Institutions Attempt to Eliminate Customer Paperwork
With electronic billing becoming more popular, many financial institutions are trying to get customers to also switch to electronic statements to eliminate paper completely.
American Banker – 5/4/2010

Maxim Healthcare Hires Ariba to Improve Procurement
Ariba, Inc., a spend management solutions provider, announced it has a contract with Maxim Healthcare Services, Inc., a national provider of home health, medical staffing and wellness services. Under the new agreement, Ariba will handle Maxim's procurement process.
Business Wire – 5/4/2010

Shopstorenow Launches New E-consultant
Shopstorenow announced it has released E-consultant, an invoice management e-commerce solution aimed at consulting firms.
Big News – 5/4/2010

Crossgate Helps Kellogg Implement e-Invoicing for Brazilian 2010 Mandates
Crossgate Inc., a company specializing in business-to-business integration, announced the success of assisting the Kellogg Company in implementing e-invoicing solutions for new mandates in Brazil.
Business Wire – 5/3/2010

ACOM Announces new EZPaySuite for Automated Payment Solutions
ACOM announces the release of its new modular software application, EZPaySuite. It will allow organizations to transition their vendors to electronic ACH payments to save time, money and manpower.
PR Web – 4/29/2010

Boston Sox Automate Invoicing Process
The Boston Red Sox baseball team announced they have automated their invoicing process to cut costs and eliminate all paper from their billing system.
Web CPA – 4/28/2010

The European Commission Urges Mass Adoption of e-Invoicing
The European Commission has issued a report urging the mass adoption of electronic invoicing in European Union states. The report outlines recommendations for states to help with mass adoption, and how electronic invoicing can help small and medium-sized enterprises.
EU Commerz – 4/27/2010

VaZing Helps Squeaky Clean Automate and Save
Squeaky Clean Windows, a window cleaning company, announced it expects to double the size of its business in 2010 due to the amount of money they are saving by investing in InsightDirect's VaZing, a web-based software solution. VaZing has eliminated over 80 percent of the paperwork Squeaky Clean was using by automating and managing its business operations, specifically it's billing processes.
PR Newswire – 4/27/2010

RDM Updates Accounts Receivable Automation
RDM Corporation, a software and hardware developer for electronic payment processing, announced an update to its ITMSฎ WebClient and Simply Depositฎ to allow customers to automatically update accounts receivable records with their electronic check deposits.
PR USA – 4/26/2010

IGG Software Announces Successful Adoption of iBiz Pro by Creative Services
Since the launch of iBiz Professional nearly a year ago, IGG Software reports that professional services companies have been adopting the application at a constant rate. iBiz Pro is a Macintosh solution for firms to manage billable hours and invoicing.
PR Mac – 4/21/2010

Portland State Switches to Electronic Billing Systems
Portland State University, after 15 months of planning, is switching to an electronic billing system to be more efficient and cost effective.
College Media Network – 4/22/2010

Freckle Adds Invoicing to Time Tracking Tool
Freckle, a time-tracking software, announced they have added invoicing tools to their web-based application.
Web Worker Daily – 4/21/2010

Bond Personnel to Outsource Back Office Functions with InsideOut
Bond Personnel, the manufacturing and distribution recruiter, has outsourced their back office functions with InsideOut to handle Bond's payroll and invoicing functions.
Personnel Today – 4/20/2010

U.K. Struggles with Late Invoicing
U.K. businesses are having problems issuing invoices, with a deficit in invoices around ฃ15.7 billion. Officials are advising businesses to have a "clear and efficient invoicing process" to avoid late payments and more money loss.
Chartered Management Institute – 4/19/2010

Asia Behind on E-Invoicing Front
Asia has been lagging behind in providing electronic invoicing services. Although e-invoicing will cut transaction costs and makes the billing process faster and more efficient, Asia is behind on the advancement for many reasons. Some include lack of regulatory frameworks, a lack of established standards, tax impediments, few government initiatives, and a lack of understanding of the overall system.
Document Management News – 4/19/2010

Pervasive Releases QuickBooks Application for Electronic Invoicing
Pervasive softwareฎ Inc., a data management company, announced they are now offering an application for customers to easily select QuickBooks invoices to send electronic EDI-compliant invoices through the Pervasive WebDI business-to-business interchange.
Business Wire – 4/19/2010

Bottomline's Order-to-Pay Network Grows
Bottomline Technologies announced that PayModeฎ, its electronic order-to-pay network for business, has grown to over 100,000 enrolled suppliers. PayModeฎ allows customers to streamline their accounts receivable process, receive electronic payments and gain visibility to cash flow.
Business Wire – 4/19/2010font>

eBillingHub Selects Rackspace for Hosting
eBillingHub, an electronic billing site, announced it has hired Rackspace Hosting and will use Rackspace's private cloud solution to service stet customers' e-billing needs.
Web Host Industry Review – 4/15/2010

Bond Personnel Outsourcing Back Office Functions with InsideOut
Bond Personnel announced they have hired InsideOut, the back office outsourcing firm, to take over Bond's payroll and invoicing services.
OnRec – 4/15/2010

Tibco Partners with Huawei to Integrate Business Solutions
Tibco Software has signed a global partnership with Huawei Technologies to integrate Tibco's software with Huawei's business support system solution. The new platform will provide them with real-time monitoring across all systems, integration of front and back office functions, service request charging and invoicing and multiple-channel customer interaction.
iStock Analyst – 4/14/2010

Microsoft Releases Invoice Bubble for Small Businesses
Microsoft announced they have released their newest billing software, Invoice Bubble, to provide small businesses with an affordable and simple electronic invoicing solution.
Mashable – 4/10/2010

Electronic Invoicing Approved for VAT Taxes in Europe
The European Union reached an agreement to accept electronic invoices for VAT tax. By modernizing VAT invoicing requirements it will reduce charges by 18 billion euros annually, help prevent and catch VAT fraud, allow speedier exchange of information throughout Europe and make it easier for companies to do business in several countries.
Balkans Business News – 4/8/2010

Softchoice Launches e-Invoicing through PayItGreen
Softchoice Corporation announced the announced the launch of their new electronic invoicing service through PayItGreen.
Market Wire – 4/7/2010

Michigan Ambulance Service Looses Thousands Due to Billing Mistakes
Michigan city Sheboygan's ambulance service has failed to collect hundreds of thousands of revenue due to incomplete billing practices.
Sheboygan Press – 4/7/2010

Crossgate Releases e-Invoicing for Latin American Regulations
Recent Brazilian laws mandate all businesses switch from paper invoices to electronic to cut costs and become more efficient. Crossgate Inc., a global business-to-business integration expert, has released an e-invoicing service to help Latin American businesses with their new regulations.
Business Wire – 4/6/2010

U.S. Treasury Creating New Office to Cut Costs
In an effort to cut costs and save taxpayers money, the U.S. Treasury and Office of Management and Budget are creating the Office of Financial Innovation and Transformation (FIT). The FIT will be initiating simple, lower-cost solutions such as electronic invoicing to cut costs in financial departments like accounts payable and receivables for federal agencies.
eCredit Daily – 4/5/2010

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