Top 10 Billing & Invoicing Solution Providers - 2018

Electronic invoicing solutions became a game changing tool available to businesses starting from the 1960’s all in the effort of going ‘paperless’. Within the next three decades, electronic invoicing software was developed and the complexities, speed, and working capacities of these said software improved tremendously, that now, every company regardless of size would have some sort of these solutions utilized. It is now a staple for businesses in general.

Invoicing software solutions are now able to automate the whole accounting process. Business are able to automate upwards of 50 percent of all manual financial protocols. Starting with processing and sending invoices, keeping track of payments received and payments made, and balancing the financial books. Business are able to get payments faster, thus being able to reinvest a lot quicker and respond faster to the market that they are conducting business in. Customers are taken better care of because delays due to payment errors are minimal to none whereas non-compliant payers are kept in check. Purchase orders are processed faster therefore keeping vendors happy. Business growth is easier to forecast and business owners and board members are able to make better business decisions with the information they were able to analyze and obtain.

With the technological advancement, many different invoice software programs have come along to meet different purposes, each of which is loaded with exclusive features. There is no doubt that billing and invoice management software systems are the future of accounting technology in the current business arena. Investing in the best billing and invoicing software is definitely a necessity to gain a competitive advantage over rivals.

Our distinguished selection panel, comprising CEOs, CIOs, CTOs, industry analysts, and the editorial board of CFO Tech Outlook, has narrowed the choices to 10 providers that exhibit competence in delivering billing and invoicing solutions.

We present to you CFO Tech Outlook’s "Top 10 Billing and Invoicing Solution Providers - 2018."

Company Logo Company Name Company Description
cleverbridge Provides ecommerce and subscription management solutions for monetizing digital goods, online services and SaaS
ETS Provides clients with access to online payment and management tools for one-time and recurring payments through a secure login that can be setup on any website
Kilmist Kilmist provides robust enterprise software solutions to help telecom, education, and communications companies run their businesses efficiently
PayStand Provides a “Payments as a Service” smart billing and payment network that can digitize receivables, automate processing, reduce time to cash, lower transaction costs, and boost revenue
Recur 360 Allows customers to manage Recurring Invoices, Payments and Collection Notifications with the help of its recurring invoice module
Rev.io Delivers a usage-based billing platform and a powerful customer management system to scale the growing business
Stripe Builds economic infrastructure for businesses of every size to accept payments and manage their businesses online
Tabs3 Provides virtually unlimited billing rate flexibility through attorneys’ standard rate, bill by timekeeper level, or create custom rates for any timekeeper for any client
Vindicia Offers complete subscription and recurring billing system that helps increase recurring revenue and customer satisfaction at every stage in the customer lifecycle
Zuora Offers complete Order-to-Revenue capabilities for modern businesses to manage quotes, orders, billing, and revenue recognition for the entire customer lifecycle on a single platform